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Allied plans for a 332 unit Denver apartment complex with shops near Jefferson Park, west of I-25 and Speer. Allied Realty is building an $80 million apartment project in the Jefferson Park neighborhood. The complex will sit on 4.5 acres and will include 10,800 square feet of Denver retail space facing Speer. The complex will…
Denver office leasing market is still a tenants market, but the average number of free month’s rent that landlord’s offer as concessions has fallen in Q1 of 2012. Pricewaterhousecoopers LLP report shows landlords offering an average of 6.2 months of free rent, down from 6.6 in the first quarter of 2011. Capitalization or cap rates…
Improving market conditions have created a surprising recovery in the U.S. lodging industry which continues to enjoy gains in occupancy and pricing. Increased profits over the last two years have resulted in much greater interest in hospitality investments. The revenue per available (REvPAR) for U.S. hotels will rise 5.8% in 2012 according to PKF Hospitality…
An increase in available jobs in Colorado appears to be continuing. Intuit Inc. and The Conference Board both have recently indicated an improvement in the Colorado job market. Of course it’s no surprise that the Denver office leasing activity is directly related to employment. While the Denver office leasing is gradually improving, there is usually…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
