Author: nocoapadmin
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Renters a Growing Share of the Housing Market
from NMHC New data from the Housing Vacancy Survey underscore NMHC’s claims that rental housing is becoming increasingly important to the housing sector. According to the survey, 2.83 million new renter households were created in the last four years, the biggest such gain in 24 years. This increase more than offsets the 2.05 million renter…
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NoCo continues to buck the current negative trends
In contrast to recent research reports from Real Capital Analytics and NMHC, Northern Colorado is seeing relatively flat vacancies and increasing rents. On a national level, many very different markets get clumped into one category. For example, NMHC’s regions are Northeast, Midwest, South and West. Where does Fort Collins fall? The West, which is reporting…
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Terrix Financing Rates
05/26/09: Apartments 30 year amortizationUp to $3,000,000 5 year Fixed 5.28% (55% LTV) 5.58% (80% LTV) 10 year Fixed 5.82% (55% LTV) 6.12% (80% LTV) Over $3,000,000 5 year Fixed 5.28% (55% LTV) 5.58% (80% LTV) 10 year Fixed 5.76% (55% LTV) 6.06% (80% LTV)
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Freddie Mac aims $1B at Multifamily Sector
from GlobeSt.com “Bottom line, this means more money is flowing into the market.” WASHINGTON, DC-Freddie Mac is launching a new $1B debt program that it hopes will deliver more liquidity to the multifamily sector–and as an added bonus, hopefully begin to thaw out the frozen credit markets. The new investment vehicles are a departure for…
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The Renter Demographic: Who Are They Now?
from AAOA Blog, by Howard Bell The rental demographic is changing. Are you keeping pace? The Echo-Boomers Child with cellThe children of baby boomers are now driving the rental market. They make up a third of the population and are a significant segment of the renter population. This is a group of younger adults that…
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CSU Real Estate Chief Leaves Post
The Coloradoan – BY TREVOR HUGHES • TrevorHughes@coloradoan.com • May 16, 2009 The head of CSU’s real estate office has been “separated” from his post and paid nearly $70,000 in severance after his bosses decided to reorganize the office. Victor Holtorf left the Colorado State University Research Foundation’s real estate office on April 3. CSURF…
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EPA Lead Safety Regulations
NMHC As of April 2010, owners of all properties built before 1978, including market-rate properties, will have to comply with the Environmental Protection Agency’s Renovation, Repair and Painting (RRP) lead safety regulations. Under these regulations, if renovation or repair work undertaken on a covered property disturbs more than six square feet of surface area for…
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Vestas getting ready for phase three of Windsor facility
Coloradoan – BY ASHLEY KEESIS-WOOD WINDSOR – Vestas Blades America is getting ready for its third phase of development, a phase that will increase the manufacturing capacity at the plant and add a waste disposal area and fuel station. Vestas presented its site plan to the Windsor Town Board this week. Vestas, a wind turbine…
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EPA Tool to Help Apartments Become More Efficient
The U.S. Environmental Protection Agency has launched a multifamily version of its Energy Star Portfolio Manager. The online energy performance-tracking tool allows building owners and operators to measure and manage their buildings’ energy consumption. A comparable tool has existed for the office sector for more than a decade. The tool will allow apartment owners to…