Calibrate Real Estate published it’s 1st Newsletter report of 2020 that provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
The turning of a New Year is a dramatic reminder that the holidays are over and the “tax man” cometh. Regardless of your political affiliation, we’ve never heard a wealthy, real estate investor brag about how much they get to pay in property taxes
Six years after breaking the $100,000/unit price point, Central Denver apartments averaged over $204,000/unit in 2019. We calculate the average price per unit annually from Central Denver’s transactions between 10-100 units, excluding sales of recently constructed projects.
Some real estate transactions pay off in surprising ways. In May I received a phone call from Carol who said that her Mother, Juanita, had just passed away at 102 years old. She had left her daughters, Carol, Donna and Jude multiple properties in the Denver Metro area.
Central Denver appears to be headed for another record year of apartment sales prices. To many observers it might seem that nearly everything is selling for $200,000+ per door; but are they really?
Calibrate Real Estate published it’s 2018Q4 report provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
Calibrate Real Estate published it’s 2018Q3 report provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
As market influences, our clients often ask us, “where is the market heading?” That question stems from a concern that the next recession will occur soon. The Denver apartment market’s expansion phase has lasted for 7 years resulting in amazing appreciation for multifamily owners.
In April 2016, our clients purchased a Capitol Hill building by putting 25% down, and financing 75% of the purchase price with a loan at 3.55% annual interest, fixed for 5 years. Oh those were the days!
Collaboration leads to exponential success in any business. Helen Keller famously said, “Alone we can do so little; together we can do so much.” It is with great pride and excitement that we officially announce the formation of the Johnson Piretti Team at Calibrate Real Estate.