“Dorothy Trujillo’s life turned upside down when she received a letter last month asking her to leave the Autumn Arms Apartments, her home for the past 13 years. “We were in shock. Everybody has been stressed out,” said Trujillo, who occupies one of the complex’s 19 units at 1516 Perry St., just north of … [Read more…]
“The former Hotel VQ, right next to Sports Authority Field at Mile High, is being recycled and turned into 179 micro-apartments. The developers and the company leasing the apartments promise that the 330-square-foot studios will cost less than $1,000 a month. (Read Westword’s story on what $1,000 a month will get you in Denver) … [Read more…]
“Recent stories about the tight rental market have inspired hundreds of comments at Westword.com. The good news is that if you look hard enough, $1,000 a month can still net you a decent place in metro Denver. The bad news: Considering that the per capita income in Denver is about $24,000, that’s about half … [Read more…]
“When it opens in April 2016, the $90 million building, part of the master-planned Belleview Station transit-oriented development, will feature 290,000 square feet of class A office space. The project is near the Belleview light-rail station, near the intersection of East Belleview Avenue and Interstate 25. The deal was spurred by a supply imbalance and … [Read more…]
“Denver officials have been touting development plans that they hope will lure millennials to the city — and subsequently a potential workforce of young people — for quite some time now. For example, Tami Door, CEO of the Downtown Denver partnership, in May told the Denver Business Journal that the city is focusing on place-based … [Read more…]
“Average rents in Colorado hit a new high in the first quarter of 2014. The average rent of $1,026 a month was up 8 percent from the first quarter of 2013. That’s according to numbers released Wednesday by the Colorado Division of Housing.” read the entire article Associated Press, 9News 11 June 2014.
“According to a very slick calculator on Trulia.com Thursday, you should buy a place in Denver. In fact, Trulia says it’s better to buy in the 100 largest markets in the country. In Denver it’s a pretty wide margin, some 43 cheaper, because of the incredibly tight rental market here. 9NEWS reported Wednesday that Denver … [Read more…]
“The Denver apartment rental market is one of the toughest in the country. One survey ranks Denver in the top 10 most difficult locales in which to find an apartment. It’s all about supply and demand. Right now demand is high, supply is tight and prices are so high that you don’t have to look … [Read more…]