Author: nocoapadmin
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Press Release from CAA – Rent Control
For Immediate Release Media Contact: Nancy Burke, Vice President of Government and Community Relations Email: nburke@aamdhq.org Phone: 303-329-9968 Colorado Apartment Association Applauds Demise of Rent Control Legislation in the State Senate DENVER (April 30, 2019) – Today, Senate Bill 225, a measure that would have allowed local governments in Colorado to set rent control policy, was effectively killed prior to its…
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Interesting Article: Senate Bill 19-225, titled the “Rent Stabilization Act”
This is an interesting article regarding Senate Bill 19-225, titled the “Rent Stabilization Act”. The article is written by Nancy Burke who is the Vice president of government and community affairs, Colorado Apartment Association. It sheds light on possible effects of this bill being enacted. Have a read and let me know your thoughts: Local…
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Colorado House Bill 1170 – Residential Tenants Health and Safety Act
Another bill which is looking strong currently is the Residential Tenants Health and Safety Act. You can read more about it here: House Bill 1170 …
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Colorado Senate Bill 225 – Repeals prohibition on rent control
At the time of writing this it appears that this bill may not pass the whole senate. However, this initiative is gaining steam every year. Instead of addressing the reasons for escalating costs to housing, it appears the legislators feel controlling the free market and implementing rent control is a more suitable solution. Read more here:…
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Are your apartments worth $100,000 per unit? $200,000 per unit? More???
With the latest quarterly sales report ( CLICK HERE ), owners of residential rental properties in Northern Colorado can ascertain a few things: Very few properties have sold Prices continue to rise due to persistent demand Today’s sellers are realizing the advantage of selling with little to no competition Property values have accelerated between…
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2019 Q1 Northern Colorado Multifamily Sales
2019 Q1 Multifamily Sales in Larimer & Weld Counties The first of 2019 continued the trend of 2018 with slow transaction volume (even though sales volume is over 50% of 2018 total due to one sale of $63.5M). With 8 confirmed sales of properties with 4 or more units, we continue to see owners not…
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Will Northern Colorado Apartment Sales Rebound in 2019?
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The multifamily market is incredibly hot – all over the country! So why is it that 2018 was the slowest transaction year since the great recession in Northern Colorado. Larimer and Weld Counties combined for only 46 transactions of properties 4 units and up. Only one property with more than 100 units sold all…
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2018 Year End Northern Colorado Multifamily Report
Be sure to download the 2018 year end report from our Resources page.
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CoStar: Multifamily Outlook for 2017
While Experts Expect Apartment Market to Moderate in 2017… …Don’t Be Surprised if it Continues to Outperform By Mark Heschmeyer January 4, 2017 Last year, most prognosticators for the multifamily sector predicted a record number of new units would cause rents to moderate and vacancies to increase. Sales of multifamily properties would dip below the…
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Will Trump Administration Privatize Fannie, Freddie?
Surprise Announcement Sends GSE Housing Finance Agencies’ Stock Prices Soaring By Mark Heschmeyer (from CoStar) Call it an early Christmas present for Fannie Mae and Freddie Mac shareholders. President-elect Donald Trump’s nominee to head the Treasury Department, Steven Mnuchin, in his first interview since his announced appointment said the two housing finance agencies should not be…