Record Apartment Sales Levels Likely to Result in Property Tax Shock Next Spring

A review of recent sales data for Central Denver apartment properties points to shocking news ahead for property owners. Veteran apartment brokers, Greg Johnson and Kyle Malnati of Madison Commercial Properties studied data for all multi-family property sales in Denver’s core neighborhoods this year, and found prices have increased an average of 89% over the last two years.

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Denver Apartment Building Sales: Uptown and Washington Park 2014Q2

Denver: Uptown and Washington Park neighborhood apartment building sales.
The purpose of this newsletter is to provide insight on the direction of the Central Denver apartment sales market, and to recap the transactions that occurred after our last newsletter was published. These transactions occurred within the 1st and 2nd Quarters of 2014 (2/1/2014-5/31/2014).

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