Special Report: Denver Multifamily Performance, 4Q20

Higher-Paying Job Creation Lowers Post-Pandemic Hurdles; Transaction Activity Reflects Positive Outlook

November, 2020

 
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Report Highlights:

  • Catalysts like strong pre-pandemic employment growth and net migration bode well for future growth.

  • Below-average unemployment allowed for hiring rebound.

  • Supply additions test demand in core submarkets.

  • Deal flow shows signs of improvement in several sectors, especially in apartment and industrial assets

  • Inflow of rentals tests demand for luxury units in Denver’s core.

  • Investor focus turns to Class C sectors.