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COLORADO SPRINGS, CO-The owners of a 312-unit class-C property at 2055 Mittenwald Dr. get a 6.9% interest rate in a deal at 65% loan-to-value and hefty 1.35 debt-coverage ratio.
DENVER-The New Jersey-based REIT will wait until market conditions improve before continuing to execute its strategy of exiting non-core West and Southwest US markets.
DENVER-"For once we have not produced a horrible urban model," one judge declares of the $4-billion mixed-use redevelopment of the former Stapleton International Airport, which beats 228 entries to win the Stockholm Partnerships Sustainable Cities award.
DENVER-Mayor Wellington Webb thinks the honor is so significant that he lifts his ban on international travel, sending chief of staff Wayne Cauthen and Deputy Mayor Stephanie Foote to Stockholm.
DENVER-Parking meter hours will remain at the current 8 a.m. to 10 p.m. However, rates will increase from $1 per hour to $1.50 per hour, while parking pay stations will be added.
COLORADO SPRINGS, CO-While an $18.4-million appropriation for a Northern Command headquarters at Peterson Air Force Base is under review, the bill for defense includes $42 million for a new barracks at Fort Carson.
DENVER-The $50-million project at 24th and Blake streets, where units will rent from $900 to $2,900 a month, is drawing interest from members of the Colorado Rockies and Avalanche, who work nearby.
DENVER-While the Downtown office market rebounds in three years to a healthy 6% vacancy rate, suburban office vacancies will still top 15% by 2005, more than a point below the current rate.
DENVER-The Boys and Girls Clubs will maintain and operate the two new recreation centers in the Montbello neighborhood at no cost to the city. They will replace the current Montbello Recreation Center at 4397 Crown Blvd.
DENVER-An average condominium price of $167,244 in May is the third-best month on record. "People are buying, instead of spending their money elsewhere," Chris Mygatt, executive vice president of Coldwell Banker tells GlobeSt.com.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource