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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

Multifamily Continues to be a Bright Spot in Commercial Real Estate

Washington, D.C.-Multifamily is the only sector of commercial real estate that can expect increased demand in the second half of 2010, according to the National Association of Realtors' latest "Commercial Real Estate Outlook.  Read more

http://www.multihousingnews.com

Real Deals: Kermit’s Products buys Wheat Ridge HQ site; Roanoke Apts. sells

http://denver.bizjournals.com - The Roanoke Apartments, 321-329 E. 11th Ave., Denver 80203 - This 19-unit, Capitol Hill apartment building has sold for $1.25 million to an undisclosed buyer... Read more

Wheat Ridge Multifamily Trades for $2.2M

www.costar.com - Wheatridge Garden LLC sold a 33-unit multifamily complex at 4415 Teller St. in Wheat Ridge, CO, to Wheatridge Apartments LLC for $2.15 million, or approximately $65,151 per unit.  Read more

Apartment vacancies flat in 6 Colorado cities, rents drop, state says

http://denver.bizjournals.com - Average apartment rent statewide was $839.86 a month for the period, down from $851.81 year over year - but up from $824.35 in 2007's last quarter.  Read more

LEGISLATIVE ALERT: Rent Control Headed to Committee

Colorado Apartment Association - Colorado State legislature will consider the Rent Control bill in House Local Government Committee this week Thursday morning.  Read more

Denver apartment vacancy rates little changed from 2008; rents down

http://denver.bizjournals.com - Metro Denver's apartment vacancy rate for 2009's fourth quarter was basically flat from the same period of 2008, while average rents decreased, according to a report released Wednesday by the Colorado Division of Housing.  Read more

Denver improves as apartment market, says report

http://denver.bizjournals.com - Metro Denver rose on the index because its fundamentals started to firm up late last year, especially in downtown Denver and the western suburbs.  Read more

Denver-area rents dip in Q4, but occupancies rise

http://denver.bizjournals.com - Apartment rents in the Denver-Aurora area decreased in the fourth quarter of 2009 from the third period, but occupancies ticked up, according to a RealFacts report released Thursday.  Read more