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REAL ESTATE
Mayor Pledges Housing Assistance to Help Downtown Denver Residents
Fresh off his first year in office, Mayor Mike Johnston listened to central Denver residents talk about the city's high cost of living before laying out his plan to make it more affordable during a recent town hall on Thursday, July 18. "If you feel like it's getting harder and...
Home insurance costs higher in Colorado. Climate change is a factor.
Colorado is the fourth most expensive state for home insurance — a metric that reflects the risk for extreme weather propelled by climate change, a new analysis shows,Why it matters: The cost is just one more barrier to homeownership in Colorado, where property taxes, a hot real estate market and lack of inventory are driving housing prices through the roof.State of play: Homeowners' insurance premiums have spiked 30% to 130% in recent years, the Denver Post reports, while others are finding their existing policies are being canceled because of elevated risks.The increases rank among the nation's highest in part from...
Apartment, Hotel Conversions Give New Life To City’s Old Buildings
Denver’s Business District Becoming Neighborhoods; Another 1,837 Apartments Planned In The Coming Year. If you’ve noticed some old buildings getting a new lease on life in Denver, you’re right. The Mile High City ranks among the nation’s top spots for apartment conversions, with about 300 apartments entering the market through adaptive reuse in 2023 — and there are six times more such apartments on the horizon.
Denver Leading the Country in New Home Inventory This Year
According to a report from Construction Coverage, Denver’s 36.8 percent increase in housing inventory during the first quarter of 2024 is the highest among all large cities in the United States. Local data tells a similar story, showing major increases in the last month alone. The Denver Metro Association...
CREW Denver Highlights its Inaugural DEI Event with a Special Panel of Experts
CREW Denver’s inaugural DEI Signature Event showcased a distinguished panel of industry experts. The event fostered a supportive and inclusive environment, celebrating diversity with an engaging Q&A session that inspired attendees. Through personal narratives, these accomplished women shared their journeys and insights on securing a well-deserved position in the commercial real estate industry’s marketplace.
New Cherry Creek West Updates and Renderings
Denver-based developer East West Partners recently published a new presentation for Cherry Creek West that includes updates from the rezoning process as well as new renderings. Designed by Gensler, Cherry Creek West will span from University Blvd. to Clayton Lane and from 1st Ave. to the Cherry Creek waterway. The...
Is This Old Church the Coolest Apartment in Denver?
In the past 25 years, some 40 million Americans have left the church and their religious affiliations. But what happens to places of worship when there’s no one to fill the pews? In Denver, several defunct church buildings have been converted into character-filled condos, apartments, and single-family homes—personal sanctuaries for residents who have an appreciation for ornate architectural details and historic quirks.
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