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Commercial Property Executive reports on Denver's apartment market

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.

Read the rest here.

Read more articles by Eric Peterson.

Eric is a Denver-based tech writer and guidebook wiz. Contact him here.
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