It’s no secret that rental rates in Denver are sky-high, and the multi-family apartment industry is booming. According to one study, 7,749 multi-family residential units have come online in the downtown area alone since the start of 2010, and an additional 5,039 units are currently under construction.
Continue Reading Denver Apartment Rents Still Rising, but Move-In Incentives Soar
Recent Leases Indicate Diversified Economy in Downtown Denver
After a period of strong leasing activity by oil and gas firms in downtown Denver, the falling price of oil may have raised concerns that the office market would be negatively affected. However, two recent office leases support the conclusion
DOJ Signals Shift on Medical Marijuana
In October of 2009, the United States Department of Justice issued a memorandum (the “Ogden Memo”) stating that scarce federal resources should not be focused “on individuals whose actions are in clear and unambiguous compliance with existing state laws providing for the medical use of marijuana.” The Ogden Memo also emphasized the federal commitment to
Commercial/Retail Eviction Basics – Part 1: Approaches for Dealing with a Struggling Tenant
For landlords, a late or missed rent payment might be the first sign that one of its tenants’ businesses is struggling or even failing. In this economy, a landlord facing this kind of situation should keep certain things in mind in order to minimize potential lost revenue and expense.
Quick action is critical in