Higher interest rates are likely to persist through the remainder of 2018, so we should understand both the positive and negative affects this will have on the Denver apartment market. Let’s start with the good news…
There was a pronounced increase in interest rates a year ago, and we seem to be facing another jump. For our clients, thoughts of a 5-year loan at 4.25% are starting to fade. Interest rates are on the rise again.
Almost every real estate listing can be distilled to three primary concerns for the Seller: price, time, and stress. The Seller of an apartment building at 9th Avenue and Washington Street presented Calibrate Real Estate with a challenge… “please find a no-drama, all-cash buyer and get this property sold in less than one month’s time!”
“We can honestly say that this was the first time in all our real estate endeavors that we were confident that our Realtors were a top-notch, 1st-class TEAM.”
At Calibrate Real Estate, it doesn’t matter how big or small your investment portfolio is; we care about fulfilling your life-long dreams.
“Kyle, thank YOU for helping ME retire. A large reason why I could retire is due to the work you’ve done with my apartment buildings.”
“Greg Johnson and Kyle Malnati have assisted us in 6 multifamily transactions since 2010. Not only are they marketplace experts, which is why we initially sought them out, but they also truly want the best outcome for their clients. We appreciate their fair and honest approach and look forward to another transaction with them when the time is right.” – R&M