Author: nocoapadmin
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Posting your rentals on Craigslist
Do you advertise your apartments for rent on Craigslist? How many times have you had to change the method of your postings? Have you found that you publish your rental, only to realize that it never went public on Craigslist? As one of the most popular and cost effective forms of marketing “For Rent”…
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2014 Q4 NoCo Multifamily Market Report
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JUST RELEASED: The 2014 Q4 Northern Colorado Market Report CLICK HERE to request full 8-page report.Following is an excerpt from the full market snapshot: The multifamily market in Northern Colorado continued its strong performance through the third and fourth quarters of 2014. Although there were some lulls seen in the growth, the area still expanded its workforce…
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Record Breaking Apartment Sales
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This article was published in the January 21 – February 3, 2015 Colorado Real Estate Journal. Record breaking. That’s how 2014 will be remembered in the Northern Colorado multifamily industry. All three cities: Fort Collins, Greeley and Loveland, posted record rents, vacancies and sales numbers. As a tertiary market, the numbers for Northern Colorado…
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Rent Increases stronger in Smaller Cities in 2014
The Wall Street Journal reports on the continued rise in rental costs nationwide. Shown in national trending, an average rise of 3.6% in 2014 makes for the fifth consecutive year that cost to rent has jumped due to historically low vacancy levels, creating stronger demand. This is reflected strongly in our Colorado market. As you can see…
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Credit Scores – FICO and VantageScore
This is an interesting article about credit scores and checks with some history and facts. I am not familiar with VantageScore, but will be looking into it. It appears to be a more comprehensive look into the creditworthiness of applicants. The ability to look at more characteristics and a larger timeframe for the dataset. If you are…
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$3.35MM Apartment Sale – Fort Collins
JUST SOLD – FORT COLLINS APARTMENTS November 8, 2013 – Cassidy Turley Colorado brokers Brian Mannlein and Russell Baker completed the sale of this 2007 constructed, 24 unit apartment complex for $3.35MM. The transaction was closed in 17 days from mutual execution of the contract. 10 day due diligence, 7 day close. This is the…
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Q3 2013 Northern Colorado Commercial Real Estate Snapshot
Northern Colorado Market Key Points • The Fort Collins-Loveland and Greeley metro market combined to add over 3,500 jobs to the local economy during the past 12 months, led primarily by strong growth in the business and service-providing industries. • Avago Technologies announced plans to lead a $22 Million expansion of its Fort Collins facility,…
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Terrix Financial: Apartment Financing 10/29/2013
Rates are good! We have a couple lenders aggressively looking for apartment loans. Below are some rates and basic parameters. National Correspondent Lender 5/30 ~ 3.28% – 3.68% 7/30 ~ 3.90% – 4.30% 10/30 ~ 4.51% – 4.91% Up to 80% LTV Non Recourse available Low costs Stepdown Prepay – with flexibility Below is a…
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Seminar: Legal Handbook for Rental Housing in Colorado
ALL MEMBERS OF NoCoRHA Please join Northern Colorado Rental Housing Association on: Tuesday, November 19thHilton Hotel, Fort Collins8:30 am to 11:30 am as Attorney Drew Hamrick from Tschetter Hamrick Sulzer., PC presents the Legal Handbook at this seminar and reviews the regulations covering all the major legal topics relating to rental housing in Colorado. Mr.…
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Landlord Training Classes – October 25 and November 1
I am the new Neighborhood Administrator for the City of Fort Collins and am currently working on the organization of our Landlord Education Series. You are receiving this email because you either requested information as soon as fall dates were available or you were registered in April when the series was cancelled. We are still…