NoCo Newsletter | January 26, 2023

NoCo Newsletter | January 26, 2023

Discover our newest listings, recent happenings in the NoCo CRE community & other industry news. This edition brings news of retail shifts, recession predictions,  and more.

REAL ESTATE & BUSINESS NEWS

• Fort Collins City Council Repeals Revised Land Use Code, Commits to More Public Engagement
• Future of Windsor 'Backlots' Development, Downtown Parking at Stake in January Election 
• Lowe's CEO: Physical Stores are 'Biggest Central Competitive Advantage' in Retail
• Activist Investors Got More Common In 2022, And They're Targeting CRE
• Goldman Sachs Says 4 US Cities will Suffer a 2008 Crash in Home Values
• Elitch Gardens Owners Pay $7M For Site South of Meow Wolf
• Party City Files Bankruptcy After Pandemic Recovery Falters
• Connexion Starts 2023 Behind Schedule and Over Budget

ECONOMIC & EMPLOYMENT NEWS

• Economist Tells Denver Real Estate Agents to Prepare for a Recession in Middle of the Year
• Surge in Hiring by Small Business Complicates Fed’s Effort to Cool Economy
• Mortgage Rates Drop to the Lowest Level Since September: Freddie Mac
• GDP Report Shows Economic Growth Cooled Slightly in Fourth Quarter
• Rising Interest Rates Hit Landlords Who Can’t Afford Hedging Costs
• SEC Weighs Ban on Wall Street Activities Linked to Financial Crisis
• Fatigued Consumers Threaten To Derail Retail Resurgence
• Colorado’s Job Market Steps Into 2023 on Solid Footing
• U.S. Retail Sales Fell 1.1% in December

COMMUNITY & OTHER INDUSTRY NEWS

• Client Testimonials
• 2 Colorado Cities in Top 4 'Best Places to Live' Rankings
• Cone Zone 2022: A Look at Major Road Construction Projects in Northern Colorado
• Why the I-25 South Gap Project Opened While North I-25 Express Lanes are Still 2 Years Away
• Support Your Local Bold Voice of Business by Contributing to the 12th Annual Moving Fort Collins Forward! Campaign

FEATURED LISTING

NAI Affinity is pleased to present a new mixed-use community designed to create harmony between the modern world and the beauty of nature. Bloom will include approximately 1,600 - 2,000 homes, combining a mix of apartments, condos, townhomes, and single-family homes with a pedestrian parkway creating high connectivity between the commercial and residential areas. Click here to learn more about this opportunity.

See previous newsletters here.

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