Commercial Real Estate News
Economic Update – August 11, 2023
1. CPI INFLATION The Consumer Price Index (CPI) rose 3.2% from one year ago, roughly in line with last month’s increase and climbing just 0.2% month-over-month. Core prices, which exclude food and energy rose 4.7% year-over-year, the lowest annual increase since...
Economic Update – July 28, 2023
1. FED INTEREST RATE DECISION On July 26th, The Federal Reserve raised their benchmark interest-rate by 25 bps, reversing a pause in rate-hikes that occurred in June. While the June pause was intended to start a “wait and see” approach by officials, their meeting...
SOLD: 2043 Pearl Street, Boulder, CO
July 14, 2023 - SVN | Denver Commercial is pleased to announce the sale of an approximate 2200 square foot office property for $1,714,285.00. The Seller was Arbor House, LLC, who had occupied the property since 1996 and operated a mental health collective business...
Northern Colorado Talking Points
April & May 2023 Talking Points: A Rebound for #NoCOCRE so far in Q2, 2023
Q2 Sales Already Ahead of Q1, 2023 in NoCOCRE Q2 2023 Pricing Shows Definitive Rise on Recent SalesContact our advisors to see how they can help you with your property The #NoCOCRE market in the tri-county area of Boulder, Larimer and Weld counties of Colorado...
March 2023 Talking Points: Market Slower in NoCO CRE. Still, March had 64 Sales Averaging $1.6 Million Each and Some Interesting Trends
Sales Volume Drops to Covid Era NumbersAsset Value Mostly in Private Ownership in Tri-CountyContact our advisors to see how they can help you with your property While general trading activity was slower than previous years, March still contained $80 million of CRE...
February 2023 Talking Points: Short month of February featured less NoCO CRE deals, but there were some interesting ones!
The NoCO CRE Sales volume looks similar to 2020 (pandemic year), with reduced sales volumeNoCO CRE cap rate distributions shows that most deals are in the 6% to 7% range.Contact our advisors to see how they can help you with your property With a CRE market trying to...