Author: nocoapadmin
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Northern Colorado’s Economy Looks Bright
Mike Masciola, NCEDC (The Coloradoan) Although the speed of the economic recovery is much slower than preferred, there is reason for optimism in Northern Colorado’s future. Our economy certainly has not been immune from the national recession. However, it has fared better than most and is in a strong position to create additional jobs for…
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Capital Gain Taxes – The Same for Now
From IPX1031 – Danita Vigil and Tracey Wilson Toward the end of 2010, many people wondered what would happen to capital gain tax rates on January 1, 2011. Some even scrambled to close the sale of property before the end of the year. As it turned out, Congress extended the capital gain rates in mid…
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2010 Year End Market Report – Northern Colorado Apartments
We are just finalizing our 2010 year end report for apartment activity and performance in Northern Colorado (Fort Collins, Greeley, Loveland). What a dramatic difference from 2008 and 2009. Can’t wait to get it finalized and published/printed. If you have interest in receiving a copy via mail or email, please let me know at mannlein@realtec.com…
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Fort Collins is 5th Smartest Place to Live
from NCBR Fort Collins placed No. 5 on a list of most-educated cities in the nation, according to a study by Portfolio.com, a national business news site. The study, which looked at the education levels of the residents of the nation’s 200 largest metro areas, ranked Boulder No. 1. According to the study, five out…
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Forecast sees “slow, steady growth” for Colorado
Denver Business Journal – by Neil Westergaard The new year likely won’t herald a big economic recovery in Colorado or the rest of the nation, with slow, steady growth predicted to continue in 2011, according to a new forecast. That’s the view of University of Colorado economist Richard Wobbekind, who presented his annual outlook on…
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Determining intent for a 1031 Exchange: How the IRS reads minds
from IPX1031.com Most owners of real estate will tell you that if they bought a property for $75,000 and sold it a month later for $100,000, that it was a great investment. If they deferred paying the capital gain tax on their sale by utilizing a 1031 exchange, well they are not just a great…
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Ready for Multifamily’s Bull Run???
Jobs, Uncertainty Holding Back Multifamily Bull Run (from GlobeSt.com) ENCINO, CA-The multifamily industry is heading for its next bull run, but hesitancy on the part of the business world is a major obstacle. Still, investors should begin to prepare themselves for the next cycle. That was the message from a trio of executives at Marcus…
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Are Economic Conditions Improving in NoCo?
From NCBR Without a doubt, Northern Colorado’s economy is looking up. But people out of work and seeking a job may not agree quite yet. Keep in mind that employment is a lagging indicator; employers don’t start hiring again until it is clear that the economy is recovering and that it won’t fall back into…
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Terrix Apartment Financing Rates 08/31/10
So far in 2010 we have closed 10 apartment loans totaling approximately $48,000,000, and we have a few in closing right now. Below are today’s rates for select apartment loan programs. Loans ~$3,000,000+ 5/30 3.93% non recourse7/30 4.30% non recourse10/30 4.67%% non recourse70-80% LTV, cash-out okay, non recourse, assumable, can do supplemental financing in future…
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Non-Tax Reasons for a Like-Kind Exchange
IPX 1031 Most real estate investors are familiar with 1031 exchanges, which permit an investor to defer the payment of capital gain taxes upon the sale of qualifying investment property so long as they acquire like-kind replacement investment property. Many investors only consider the tax reasons for a like-kind exchange. That is, the deferral of…