DevelopmentIndustrialMultifamilyOfficeReportsRetail

Avison Young Release Denver Market Forecast for 2021

In 2020, Denver remained in the top twenty markets for total investment volume for the year ending in 3Q 2020, with large deals occurring across the sectors even amidst the pandemic. And, according to the Avison Young market forecast for Denver in 2021, Denver’s investor interest will likely persist next year, …

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RentReports

2020 Saw Denver’s Renter Activity Increase by 11%

In 2020, the Covid-19 pandemic delayed peak rental season by two months, prompting a slowdown in renter activity and rent drops in the nation’s ten most expensive large cities for renters. To get a comprehensive overview of this year’s renting trends, Rent Café analyzed 5.8 million renter applications nationwide. While …

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OfficeReports

26% of Denver’s Office Buildings Underwent a Visual Makeover Since 2000

Drawing on CommercialEdge data, a new CommercialCafé study analyzes the development of office property renovations in the last two decades and the markets that stood out. Nationally, between 2000-2019, an all-time high of 366 complete renovation projects were completed in 2014, while the high-water mark for cosmetic works was 2016 with …

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HospitalityRentReports

Colorado Leads the West for Commercial Bankruptcy Filings

According to the Denver Post, a report from Resolute Commercial Services finds that Colorado leads other states in the Mountain West for the most medium sized company bankruptcy filings. Across nine states, Resolute counted 60 business bankruptcies by firms with $1 million or more in liabilities. 28 percent were in Colorado. Businesses in the real estate …

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MultifamilyRentReports

Denver Renters Rebounding While Concessions Remain High

New data shows a record number of Denver renters are searching for a new place to live on Apartments.com — the leading online apartment listing site with nearly 14,615 apartments listed in the Denver area. Prospective renters are enthusiastic about the market, searching for cheaper rents, taking advantage of increased concessions, and looking for properties with more space. …

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OfficeReportsTechnology

Denver’s Tech Industry Proves Resilient During Pandemic

According to CBRE’s annual Tech-30 report, tech remains the strongest driver of office-leasing activity in Denver, propelled by robust high-tech job growth and moderate office rent growth, compared to other leading tech hubs. The Tech-30 report measures the industry’s impact on office demand and rents in the 30 leading tech markets in the …

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RentReports

Boulder Switches to a Renter Majority Market; Denver Still Favors Homeownership

The past decade witnessed a shift in the apartment market. According to a new RentCafé study, renting entered a downward trend in the latter half, going from 111 million renters mid-decade to 107 million by 2019. Despite this shift, 23 large and mid-sized cities transitioned to a renter majority, while …

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ConstructionReports

Saunders Publishes 10th Consecutive Corporate Social Responsibility Report

Saunders Construction is celebrating the 10th anniversary of its Corporate Social Responsibility (CSR) Report. Started in Fall 2009 by an eager group of Saunders employees who also started the Green Committee, Saunders’ first annual CSR Report was published in 2010. This committee was charged with researching and implementing a comprehensive CSR program, …

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MultifamilyRentReports

One Bedroom in Denver Sees 12.5% Y/Y Rent Decrease

According to Zumper’s November rent report, 13 out of 100 cities recorded record-breaking yearly decreases in one bedroom median last month, since Zumper started tracking median prices in 2015. The national one bedroom median rent decreased 0.5 percent last month to $1225. By comparison, in Denver, the average one bedroom rent decreased 12.5 …

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IndustrialOfficeReports

Denver Industrial Market Proves Resilient in Q3 While Office Activity Remains on Hold

CBRE just released its Q3 reports for metro Denver’s office and industrial sectors. While the Denver office market continues to feel the impact of the pandemic, Denver’s industrial market has proven itself resilient during uncertain times. “Office activity remained largely on hold in the third quarter of the year as companies …

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