The volatility continued on the stock market roller coaster. The Dow Industrial Average has fallen 11 of the last 14 sessions. For many, weighing the options of returns versus volatility has investors in a quandary. What to do with excess cash? Real Estate? Concerns over housing prices and demand remain. Also of concern is the considerable backlog of residential mortgage defaults and bank owned properties that have yet to hit the residential real estate market.
However, there is positive news in the Colorado commercial real estate market. The Colorado commercial real estate market has been quietly performing positively, even as other commercial markets across the nation lag. Quality of life, a welcoming business environment, spectacular scenery, world-class health care, abundant recreational activities, ease of transportation…All combine to provide the excellent quality of life that is critical to the attraction of skilled and talented workers that are essential to the success of a growing business.
For several years, Colorado has repeatedly ranked in the Top 10 of Forbes “Best Places for Business and Careers”. Most recently, in June 2011, Forbes stated “Another big metro that made the top 10 …is Denver, which ranks No. 9. U.S. economic growth has been tepid since the recession ended, but Denver’s economy grew 3.9% last year and is expected to grow 3.9% annually through 2013 according to Economy.com. Denver’s great quality of life and educated workforce make it a favorite with companies in industries from aerospace and bioscience to energy, financial services and information technology…”
But it is not just Forbes that recognizes the opportunities of Colorado. The Emerging Trends in Real Estate 2011 report by ULI and PricewaterhouseCoopers places Denver as one of the top 10 national cities to watch for the fourth year in a row highlighting Denver among top-tier cities in the nation. Furthermore, numerous other Colorado communities have ranked at the top of lists as the best place for everything from Fitness, to Best Place to Retire, Best Place to Raise a Family, Best Places for Recreation, Percentage of Sunny Days, Percent of Adult Population with a Bachelor’s Degree or Higher, and Best Small Business Tax Climate, to name just a few.
DREN LLC is positioned to acquire Colorado real estate at below market rates. Today, we found yet another fantastic opportunity in the Denver, CO commercial real estate market. In the past month, we have seen several deals worth investigating. We have several others on our radar screen.
If you would like to learn more about what is happening in DREN‘s world, give us a call at 303/681-2219 or via email at email@example.com.