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Real Estate Blog

Despite continual news on the breakdown of the retail sector in the commercial real estate space, Denver proves to be an outlier of strong growth. According to CBRE's research team, asking rates of almost $20 dollars per square foot hit a record high last year. In terms of big box stores, currently leading the reputation of 'death of the retail industry', Denver has about 25% percent fewer of them then was seen in the early 2000's, despite massive population growths (+80,000 people per year), creating a healthy competition in regard to the market of supply and demand. Unlike in many areas of the country with growing vacancies in the retail space, Denver spaces are warranting a much higher degree of interest and leasing rates. With more than 700,000

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Whether or not purchasing a home in 2019 is on your list of aspirations, this article may shed a ray of light on your resolutions.Although you are not wrong for assuming the widely circulated piece of information stating you need a 20% down payment in order to purchase a home -- it's most certainly not true, and as a matter of fact, the majority of first time home buyers put down far less than that (and as little as 3%). Thanks to the American values of achieving the dreams of home ownership, over the years there has been a variety of loan programs put in place which have made it possible for home buyers to achieve their goals.

FHA Loans: Short for 'Federal Housing Administration' is a program created to make 'inclusive communities and…
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 A long-time topic of development discussion as the River Mile area (think old Elitch Gardens location) is some of the last land available in Denver and infamous for winning an award of ‘worst parking crater in America’– it is no surprise the development of this area has been a topic of hotly debated contention.That said, as of December 15th, the River Mile won approvals for 58 acres of spanning infrastructure including most notably, two to the city’s tallest buildings (59 stories) suited to fit 8,000 residents AND 1,200 affordable units. Worthy of bolded emphasis, these factors were some of the biggest barriers to getting plan approvals. In order to adhere to recently city council approvals, Invesco developers had agreed to make 15% of units

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Speaking of Denver being the 2nd best ranked millennial boomtown (Denver Post) ranked only behind San Francisco, a round of applause for welcoming yet another SF tech company, Iterable – who has decided to make Denver their next point of expansion from their coastal locations. Although you may not be familiar with the exact company name, Iterable is responsible for client accounts quite well-known including Zillow and Spotify. Iterable has landed 10 employees in Denver so far while being ‘blown away’ at the level of talent Denver has, as many other tech companies (ei; Facebook) have also found. The founder of Iterable said ‘we have made 10 hires in a week, in San Francisco it might take a month or more’. Denver comes in with strong rakings for

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The answers we have all been waiting for; what's to come with the housing market in the upcoming year is likely one of the most conversated about and speculative topics out there right now. Although there is no short or precise answer to this question, here are the major predictive takeaways right now (in a nutshell).
Despite threats and talks of forlorn bubble burst and recession, in reality  what we will more likely see is a normalized version of a slowed economy reflected in appreciation rates around 3%. Although this number seems as dismal as the interest your earning on your Chase Savings account (in comparison to the double digit growth rates we have been experiencing), it is not a reason to put off buying. Even at…
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RiNO Holiday Bazaar 
December 7-9 (5-10 Friday, 10-6 Sat & Sun)
2845 Walnut Street
*Sip and shop local ($0-40)
[Food trucks, shops, fire pits, and music!)

Union Station Flea Market
Every weekend till December 14th! (5-9 Friday, 10-6 Sat & Sun)
1701 Wynkoop Street
*Eats, drinks, and artisan goods ($5)

Blossoms of Lights
Every night until January 1st (5-9)
1001 York Street (Denver Botanic Gardens)
*Twinkling winter wonderland ($19-21)

The Nutcracker
Various days throughout December
950 13th Street (Ellie Caukins Oprah House)
*Must see Christmas ballet tradition ($29-86)

Visit with Santa
Every Saturday Prior Christmas (10-4)
Union Station in front of Terminal Bar
*Naughty or Nice? Get a chance to sit on Santa's lap and snap a photo. Likely only appropriate for your young

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The anticipatory Coming soon statement builds an element of excitement, mouth water, and mess as DIA announces and enacts their plans for their Great Hall renovations – a 1.8 billion-dollar reno plan which will (eventually) improve security and provide a new abundance of retail and dining options. Denver International airport is already ranked as the best regional airport in North America – but Denver does not set its bar low while hosting 62 million passengers a year and is on its merry way to conducting major improvements. The Great Hall Partners aims to appeal to a sentiment of ‘New American West’ (according to the Chief Executive officer Igancio Castejon) while inspiring and attracting the interests of people that uphold the repertoire of a smart,

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VF?  Okay, you’re not alone if you were not previously aware of this massive outdoor industry conglomerate which will officially take the place of being Denver’s largest market value company (currently valued at 37 billion dollars). But whom you are likely aware of is the highly recognizable brands which this Fortune 250 Company presides over, including Northface, JanSport, and Steamboat based Smartwool. This is a very big deal for Denver and has been an announcement of anticipation as for time leading up until the announcement has been filed under the code name ‘Project Cardinal’. What’s in this deal for Denver other than a serious cool factor? 800 high-paying jobs with annual salaries averaging around $185,000 – nearly triple Denver's average

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And with that, ‘go big’ doesn’t even seem to do justice when talking about this mass convention center development which includes 1.9 million square feet of hotel, restaurant, retail, and indoor and outdoor recreation space. To expand (excuse my play on words) – we’re talking 1,500 rooms, eight restaurants and bars, four ball rooms, 81 conference centers, three event lawns, a 20,000 square foot patio, an indoor and outdoor pool, spa, ‘experience shower’, putting course, basketball court, tennis courts, a lazy river, coffee shops, marketplace, and oh, a casual lake and geyser in the hotel lobby. If the shock factor is not enough, the $800 million Gaylord Rockies Resort is the biggest hotel under construction in the United States and has employed

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