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Metro apartment vacancies lowest since 2001

Apartment vacancies in metro Denver have dropped to an average 6.1 percent, the lowest second-quarter vacancy rate since 2001, when it was 5.7 percent, according to a report released Tuesday.

The decline is largely a result of more people moving to Colorado and fewer apartments being built, according to industry experts.  Read Full Article

The Denver Post

Denver-area apartment vacancies at 2-year low; rents up

Metro Denver’s apartment market had a strong showing in the second quarter, with a decrease in vacancy rate and an increase in rental rate, according to a Colorado Division of Housing report released Tuesday.  Read full article

Denver Business Journal

Denver area’s apartment market continues improvement in Q2

In the second quarter, the metro area’s apartment vacancy rate dropped for the fourth quarter in a row — to 6 percent from 8.5 percent for the same quarter of 2009. “[That’s] the most prolonged positive growth for any Denver real estate sector,” the report said.  Read full article

Denver Business Journal

Commercial real estate up in Q2

Metro Denver’s commercial real estate market continued to slowly improve in the second quarter, thanks to the local economy being healthier than those of other U.S. markets.  Read full article

Denver Business Journal

Lowry office building sells for $18M

A California company has purchased The Quad at Lowry IV office building for $18 million, according to Denver County real estate records.  Read full article

Denver Business Journal
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DaVita to settle on downtown office space

Local commercial real estate brokers say DaVita (NYSE: DVA) basically has finalized a deal with MEPT/Kennedy Associates for 250,000 to 300,000 square feet at a second office building at 1900 16th St. in downtown Denver. That space could be all or part of the second building.  Read full article

Denver Business Journal
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Non-Listed REITs Beginning to Tap Cash Stockpiles to Make Deals

The fundraising pace has accelerated in 2010. More significantly, the non-traded players are starting to put their capital to work, with a Denver company recently executing the largest commercial real estate investment transaction recorded by CoStar Group in nearly two years.  Read full article

www.costar.com
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National homebuilders in Denver area plan for economic rebound by buying house lots

Aaron Smith, senior economist at Moody's Analytics, said Denver's economy is better than that of other cities across the country, so it's not surprising homebuilders are ramping up their inventory.  Read full article

Denver Post 

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Keen interest in apartment properties, says LoopNet

Investors shopping for Denver-area commercial real estate to buy looked hardest at apartment properties recently, according to LoopNet.com.  Read full article

http://denver.bizjournals.com

Denver business tenants take advantage of office-space bargains, concessions in Q2

Tenants leasing office space in metro Denver continued to capitalize on the availability of space, bargain rental rates and "generous" concessions in the second quarter, according to a PricewaterhouseCoopers LLP report Friday.  Read full article

http://denver.bizjournals.com/
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