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ACTIVE POOL OF INVESTORS SUPPORTING APARTMENT DEAL FLOW IN DENVER
DENVER, Oct. 2007 – After a modest uptick in vacancy in the third quarter, supply and demand are expected to remain balanced through the end of the year, leading to healthy rent growth for Denver-area apartment owners, according to a third-quarter Apartment Research Report by Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm. With few completions slated for the next three months, the metrowide vacancy rate is forecast to remain stable through year-end 2007, enabling the strongest rent growth in the last six years.
