Castle Rock the No.1 Place to Rent High-End in Colorado
Renters across the U.S. are becoming increasingly interested in apartments that offer a generous amount of living space and great amenities. But as cost is always a make-or-break factor, an important question arises: where exactly can renters find the most bang for their buck in the state of Colorado? According …
Lee and Associates Report Examines Effects of Changing Tax Policy on CRE
Lee and Associates Research has just released a new report titled Effects of Changing Tax policy on Commercial Real Estate that examines the Biden administration’s proposal to nearly double the capital gains tax for people who make more than $1 million a year. The plan will tax capital gains at …
Denver Hotel Market Shows Signs of Recovery
The continued rollout of COVID-19 vaccinations and additional stimulus funds have strengthened the foundation for the recovery of the U.S. lodging industry. According to the February 2021 edition of Hotel Horizons®, CBRE Hotels Research is forecasting an average national occupancy level of 43.0% during the first half of 2021, accelerating …
Avison Young Release Q1 Denver Industrial Market Report
Avison Young’s Denver office has released its first quarter 2021 industrial market report. Driven by sustained demand in the Mile High City, industrial triple net (NNN) asking rates grew 1.65% quarter-over-quarter (Q/Q), ending the first quarter of 2021 with a market average of $8.61 NNN for direct space. Market Highlights: The …
Denver a Rising Star City, says JLL
According to JLL, the pandemic has accelerated migration trends to a handful of rising star cities and as a result, investors are following suit. Growth markets, including Denver, have witnessed 10-year population growth between 10-30 percent, outpacing the 2010-2020 U.S. population growth of 7.1 percent. While Gateway cities will always will be attractive from both a …
Avison Young Release Q1 Denver Office Market Report
Avison Young’s Denver office has released its first quarter 2021 office market report. Office sales volume reached an impressive $306.4 million in the Mile High City, up 47 percent from 4Q 2020. Market highlights: Office leasing activity totaled 993,039 square feet in 1Q 2021, representing a 13 percent decline quarter-over-quarter (Q/Q) …
Renters Show Preference for Urban Locations Over Suburbia
With moving being one of the main drivers of the self storage industry, the researchers at STORAGECafé zoomed in on approximately 1.7 million renter applications in order to identify the top US cities for renter interest. Contrary to the theory that renters are seeking more space in the suburbs during …
Denver a Top Five Market for CRE Investment in 2021
According to CBRE’s 2021 Americas Investor Intentions Survey, commercial real estate investors are showing increased appetite for risk and a preference for secondary markets. The survey ranked Denver as a top five target among Americas metros, jumping two spots to No. 5, up from No. 7 last year. Investors are prioritizing …
New JLL Hospitality Debt Report Shows Promising Road to Recovery
As the lodging industry continues to head down the road to recovery and many major lenders return to the market, JLL’s Hotel Investment Banking team recently released its Hospitality Debt Market Commentary to provide insights on the state of the market and identify positive trends. JLL’s Hotel Investment Banking team is …
Denver Among the Most Active Office Markets in the US
COVID-19 brought unprecedented change to the office market and its construction projects, and the office pipeline was doubly challenged by the pandemic. As a result, many companies are reevaluating their office space leases, which will inevitably manifest in office building construction. In light of this, Commercial Café has released its 2021 …