Why Denver Is Still a Top Investment Market

Chicago-based Origin Investments is bullish on the Denver apartment market. The firm currently has three developments under construction, a fourth property under management and is continuing to look for opportunities. The Denver market has a lot of appeal, with economic and job growth, affordability and an attractive local culture and lifestyle.

“The Denver market is a great place to be for a variety of reasons, including its dynamic, growth-oriented job market, a great work-life balance and excellent schools throughout the area,” Tom Briney of Origin Investments, tells GlobeSt.com. “With the weather, lifestyle and mountains all contributing to the Denver area appeal, this is a place where people want to live. When all factors are considered, the Denver area is far more affordable than most people realize and is comparable with many other markets. In fact, it’s not uncommon for people to take the leap to move here and figure everything else out later. You can’t say that about a lot of other markets.”

Origin’s most recent investment is a 280-unit, $68.8 million multifamily development, which the firm is developing in partnership with Boulder-based Massimino Development. Through the end of 2020, it plans to continue to focus on infill opportunities. “Right now, the opportunity for in-fill suburban locations is driving our strategy as we pursue activity, through the end of this year and into 2020,” says Briney. “With what we already are considering and our ability to move quickly through the acquisition process, we’re optimistic that we’ll be able to complete a couple of additional transactions and/or developments by the end of the year or into 2020.”