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Time to buy or rent?

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Highlights:

  • Jeff Hawks speaks at real estate symposium.
  • Hawks thinks renting will top buying for many.
  • Others think record rents will convince people to buy.

HAWKS.DMCAR-3Even with 10,000 new apartment hitting the Denver-area market this year — and thousands of more in the pipeline — Jeff Hawks does not think the market is facing a multifamily overbuilding crisis. Continue reading Time to buy or rent?

MOTO coming to 8th and Sherman

Highlights:

  • Elevation Infill unveils MOTO.
  • MOTO is a 64-unit apartment building coming to 820 Sherman St.
  • It is being designed by Gensler.
MOTO is coming to 820 Sherman St.

MOTO is coming to 820 Sherman St.

It’s called MOTO. Continue reading MOTO coming to 8th and Sherman

Clock ticking on favorite place vote

Highlights:

  • City asked Denver citizens for their favorite places.
  • Hundreds have responded.
  • Campaign drawing to a close.

Favorite places Hundreds have weighed in on official city sites answering “What’s your favorite place in Denver?” since the city posed that question about a month ago. Continue reading Clock ticking on favorite place vote

Less than a 2-month supply of homes in Denver

Highlights:

  • RE/MAX releases national report.
  • Report shows Denver housing market is tight.
  • Only San Francisco is tighter.
Months of supply in the Denver area. Source: RE/MAX.

Months of supply in the Denver area. Source: RE/MAX.

The Denver-area has less than a two-month supply of unsold homes on the market, according to a national report released by RE/MAX on Tuesday. Continue reading Less than a 2-month supply of homes in Denver

Group pays $28.5 million for Gates

Highlights:

  • Gates Rubber site sold.
  • Records put the sales price at $28.5 million.
  • Previous plans called for 2,500 residential units.
Gates Rubber factory site finally sold.

Gates Rubber factory site finally sold.

Five years after an effort to redevelop the former Gates Rubber factory site into a $1 billion mixed-use development south of downtown Denver collapsed during the financial crisis, a new buyer has taken control of the 41.7-acre property. Continue reading Group pays $28.5 million for Gates

Staubach, Hines making plays in Denver

Highlights:

  • Gerald Hines and Roger Staubach were in Denver last week.
  • Both were speakers at the Colorado Commercial Real Estate Symposium.
  • The even drew more than 600.
Roger Staubach and Gerald Hines.

Roger Staubach and Gerald Hines.  Photo credit: Mark Clegg at Hines.

 

Gerald Hines and Roger Staubach combined have more than a century’s history in commercial real estate. Continue reading Staubach, Hines making plays in Denver

Home contracts up 6%

Highlights:

  • Metrolist releases August numbers.
  • Overall, market showed a seasonal slowdown.
  • YOY, under contracts bucked the trend.
Home prices snapshot. Source: Metrolsit

Home prices snapshot. Source: Metrolsit

The Denver-area housing market in August showed a typical seasonal slowdown, with a few bright spots. Continue reading Home contracts up 6%

Condo prices higher than ever

Highlights:

  • Jesse Hamilton of Land Title Guarantee Co. releases a downtown condo report.
  • The average price of a condo tops a half-million dollars.
  • Average sales price per square foot is approaching $450.
Second Quarter Market Snapshots.

Second Quarter Market Snapshots.

Downtown condo prices have hit all-time highs with no slowdown in price appreciation in sight, while at the same time sales are slowing because of a lack of inventory, shows a new report. Continue reading Condo prices higher than ever

McWhinney on living downtown

Highlights:

  • Chad McWhinney is involved in high-profile downtown developments.
  • He also lives downtown.
  • In a Q&A, he said he would consider developing condos downtown.
Chad McWhinney

Chad McWhinney

Developer Chad McWhinney is a big player in the continuing Renaissance of downtown Denver. Continue reading McWhinney on living downtown

Memorial service set for Oliver Frascona

Highlights:

  • Memorial for Oliver Frascona set.
  • It will be in Broomfield in October.
  • Mr. Frascona’s law firm is hosting the “Celebration of Oliver’s Life.”
Oliver Frascona

Oliver Frascona

A “Celebration of Oliver’s Life” will be held for the widely loved and respected Oliver Frascona, who recently died in a tragic air crash in the plane he was piloting in Erie. Continue reading Memorial for Oliver Frascona