Posted on Wed, Dec 28, 2011
The multifamily market continues to post gains.
"Rents are rising, vacancies are falling, household formations are growing and rental supply is limited," according to a recent report, “2012: The Year of the Landlord,” issued by Morgan Stanley. "We believe the demand for rental properties will continue to grow."
Posted on Fri, Dec 16, 2011
Josh Newell, a top-producing Senior Advisor at Pinnacle Real Estate Advisors, was recently awarded the 2011 Top Producer award. This distinguished award is given annually in recognition of the broker closing the highest commission volume in the company. He was also recognized as Pinnacle’s Top Producer in 2008 and 2010.
Posted on Mon, Nov 28, 2011
Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to the National Association of Realtors®.
Posted on Thu, Nov 17, 2011
The vacancy rate in Colorado apartments fell during the third quarter of 2011, dropping to the lowest rate recorded since 2001.
According to a report released Thursday by the Colorado Division of Housing, the combined vacancy rate for apartments in 22 markets across Colorado during the third quarter was 5.0 percent. The vacancy rate was 5.5 percent during the third quarter of last year, and the rate was 5.2 percent during the second quarter of this year.
Posted on Fri, Nov 11, 2011
Colorado ranks No. 5 in a new Harris Poll asking where Americans would most like to live.
The Centennial State ranked fourth in the annual survey last year. It has ranked at least seventh every year the poll has been conducted since 1997, peaking at No. 2 in 1998 and 2000.
The survey asked where people would want to live if they didn't live where they are now. Colorado was the highest-ranking state lacking ocean beaches and warm winters.
Posted on Thu, Nov 03, 2011
An apartment in metro Denver keeps getting harder to find, as vacancy rates remained below 5 percent in the third quarter of this year, according to a new report from the Apartment Association of Metro Denver and the Colorado Division of Housing.
At a 4.9 percent, the most recent quarterly vacancy rate is the lowest third-quarter mark since 2000, the report found. Last year's third-quarter rate was 5.3 percent.
Posted on Wed, Nov 02, 2011
Decision Could Increase Pressure On Rule Makers to Also Scrap Accounting Changes For Commercial Tenants.
Commercial property owners and landlords have been excluded from accounting standards changes that would require companies to capitalize real estate and equipment leases on their balance sheets.
The International Accounting Standards Board (IASB) and the U.S.-based Financial Accounting Standards Board (FASB) signaled at their meetings Oct. 19-20 that they will exclude lessors and owners of investment properties from the proposed rules. The panels expect to issue a revised exposure draft of the lease accounting standard in the first half of next year, with adoption of a final standard targeted for the second half of 2012.
Posted on Wed, Nov 02, 2011
The ADP National Employment Report, created by Automatic Data Processing Inc. in partnership with Macroeconomic Advisers LLC, is derived from actual payroll data and measures the change in total nonfarm private employment each month.
Its October 2011 report is good news for the office sector of commercial real estate as the service sector showed a jobs boost of 114,000 positions; but bad news for the industrial sector as manufacturing employment dropped by 4,000 jobs.
Posted on Wed, Nov 02, 2011
Protracted Economic Distress in Housing Sector has Created Legions of Renters in New Markets and New Age Groups.The multifamily market is benefitting from changing demographics and consumer attitudes toward renting resulting from the growing number of financially stressed households. The increase in young and newly formed households that have decided to postpone or even reject homeownership in favor of the lower debt and flexibility afforded by renting during these last unsettled economic years.
Read Article | CoStar
Posted on Wed, Oct 26, 2011
Improving Fundamentals And Reliable Returns -- Especially For Well-Located Big Boxes -- Lure Institutional Capital Back to Industrial Market
While the economy is volatile and leasing is healthy but not exactly stellar, investment sales of warehouse properties continued to strengthen in the third quarter, with a number of large transactions underscoring the growing demand for this historically safe and reliable sector of commercial real estate.