Denver's tight apartment market is drawing investors, according to
Commercial Property Executive.
Excerpt:
"Denver is doing so well economically and [in the apartment sector ] it's basically about supply and demand, and we're scrambling to get supply online," Nancy Burke, vice president of Government Affairs for Apartment Association of Metro Denver/Colorado Apartment Association, told
Commercial Property Executive.
The apartment vacancy-rate forecast for metropolitan Denver in 2015 is just 4.3 percent, according to a report by Marcus & Millichap Real Estate Investment Services, but it was an altogether different story just a few years ago.
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