Tony attended the Commercial Economic Update and Property Tour present last Friday sponsored by the Colorado/Wyoming chapter of CCIM. KC Conway, Director of Research & Corporate Engagement at the Alabama Center for Real Estate and a Chief Economist discussed: The national economy with an emphasis in real estate transactions, emphasis on areas of…
Tony is one mountain closer to fulfilling his goal to climb all the Colorado fourteeners. This weekend he took on Mt. Elbert. Mt. Elbert is the highest of all the Colorado 14’ners at 14,440 and Tony said it was a quick walk up. Up next Mt. Massive, second highest 14n’er. If you are…
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Written by Matt Ritter: In October 2010, more than 243,000 unemployed people were actively looking for a job in Colorado. In May 2018, only 85,095 people were actively looking for work, (out of a labor force of 3.06 million). Despite Colorado’s low unemployment, job growth in Colorado is on track to add 70,000 new jobs in…
How much longer will this commercial real estate market last? This question without a doubt is on every CRE professional’s mind and now big banks are becoming increasingly wary of the market. According to Bisnow, “Commercial real estate lending increased by $26.4B in Q1, but research shows the nation’s largest 25 institutions are beginning to back away from the market.”…
After years of training and playing solitaire on his computer while at work, Tony felt he was ready to hit Las Vegas this week. The first part of this might be a joke, but Tony did travel to Vegas for the tenth time to make valuable new connections at NCE. The National Council of Exchangors (NCE)…
Passed in November 2017, the Denver Green Roof Initiative has made it a requirement for any new construction project of 25,000 square feet or more to have a roof covered with vegetation or solar panels. While this of course supports a healthy Denver environment, new construction projects will be finding it more difficult to complete…
If the beautiful scenery of Colorado does not draw you into the state then the opportunities for work will. The statewide unemployment rate of 3% as of February 2018 is lower than the United States rate of 4.1% and the month of February illustrated this when over 8,000 jobs were added which exceeded prior months. Along…
With evidence such as having the #1 economy out of the 50 states for 2018 (ranked by the U.S. News & World Report); there’s no question that Denver is growing and it won’t be stopping anytime soon. This being said, problems including affordable housing come along with having as hot of a market as Denver…
In honor of International Pi Day, Gleb our intern brought in an apple pie. Looks like Tony is enjoying Pi Day! Thank you Gleb the intern!