DENVER (May 27, 2020) – The Colorado Apartment Association reported that 95.2% of renters paid May rent in full by the end of the month. This is an improvement over April, when approximately 91% of residents had paid by the end of the month. The improvement by over 4 percentage points shows... Continue Reading
At Echelon Property Group, we are seeing firsthand how the economic impact of this crisis is affecting our residents and neighbors. It has been amazing to see how we have all joined together to help our residents and one another during this unprecedented time. What we may not be able to witness,... Continue Reading
DENVER (May 13, 2020) – The Colorado Apartment Association reported that 88.8% of renters paid Mayrent in full by May 5. This is a significant improvement over April, when 83.6% of residents had paid byApril 6 (a 5.2 percentage point increase in rent payment). This shows that, despite... Continue Reading
Aimco, a real estate investment trust (REIT) headquartered in Denver, Colorado, is one of the largest owners and operators of apartment homes in the United States. The company’s shares are included in the S&P 500 and are publicly traded on the New York Stock Exchange under the symbol... Continue Reading
The National Apartment Association (NAA) has tirelessly advocated on behalf of the apartment industry and our members as the nation grapples with COVID-19. On March 13, NAA sent a letter to Congress that expressed our strong opposition to any broad-based moratorium on evictions. Additionally, we... Continue Reading
QOZ. QOF. QOZBP. Most individuals who own or provide services for commercial real estate have heard these terms floating around, nevertheless how many of us truly understand the opportunity and are in a position to use it to our advantage. WHAT & WHY: QOZ & QOF The Qualified Opportunity... Continue Reading
What if one day you woke up and the entire country closed down?? Wait….that did happen! However, many suppliers to the apartment industry didn’t close down, we just changed everything! As suppliers to an essential industry, we had to act quickly to modify our operations and ensure... Continue Reading
These days, we’re all spending a little bit more time at home, a little less time socializing, and a lot more time distracted by what’s happening in our world. Navigating any crisis, including the COVID-19 pandemic, is challenging when we’re used to building a connected... Continue Reading
Data collected through March 11 and is not inclusive of coronavirus impact Denver (April 24, 2020) – Today the Apartment Association of Metro Denver released results from thequarterly Denver Metro Area Apartment Vacancy and Rent Survey conducted by the University ofDenver’s Daniels... Continue Reading
There are two types of work from home people right now: the ones who work from home regularly and the ones who are having to do it out of emergency necessity. Those who work from home regularly will give you advice like this (and I can say that because in a quick Google search, these all came up... Continue Reading
Last month, Governor Jared Polis provided an update on how the state is responding to COVID-19 and provided further clarification on what the Safer-at-Home phase of the pandemic will look like for Coloradans. “I want to reiterate, the Safer-at-Home phase is not going back to life as normal.... Continue Reading
DENVER (April 17, 2020) – The Colorado Apartment Association is reporting that approximately 91% ofColorado renters were able to pay their April rent on time. CAA reports that the April rent delinquency rate was 9%, which is 1.8% higher than the average Januaryand February delinquency... Continue Reading
