Commercial real estate represents an anchor that is likely to only grow heavier in the months ahead as apartments join office space in stressing banks and weighing on the larger economy.
The share of available office space in downtown Denver crossed 30% in the third quarter, marking the highest vacancy levels since 1990 when the state was coping with an energy bust.
The share of available office space in downtown Denver crossed 30% in the third quarter, marking the highest vacancy levels since 1990 when the state was coping with an energy bust.
The share of available office space in downtown Denver crossed 30% in the third quarter, marking the highest vacancy levels since 1990 when the state was coping with an energy bust.
A coming boost in apartment inventory is expected to dramatically slow rent growth in 2024; however, it's expected to still be a tough year for renters as affordability worsens.