NoCo Newsletter | October 6, 2022

NoCo Newsletter | October 6, 2022

Discover our newest listings, recent happenings in the NoCo CRE community & other industry news. This edition brings news of housing markets, local developments, economy updates and more.

REAL ESTATE & BUSINESS NEWS

• Planned $1 Billion Redevelopment Helps Mark Cherry Creek as a Denver Real Estate Star and Future “Regional Center”
• Denver-Area Commercial Real Estate not as Bleak as Others. How Long Will it Last?
• Rents Drop for First Time in Two Years After Climbing to Records
• Metro Denver Ranks Fifth in U.S. for Housing Slowdown
• Denver Program Offers Free Rent to Fill Empty Storefronts
• Old Town Fort Collins Bakery is Moving into Canino's Italian Restaurant
• Golf Entertainment Center, McDonald's File Early Plans to Build in Timnath
• Surging Interest Rates Sucker Punch Homebuilders and Buyers Alike in Metro Denver
• PepsiCo Building Sustainable Manufacturing Facility In Denver
• Retail Real Estate Is Enjoying Its Biggest Revival in Years
• Multifamily Developers Turn Some Dead Office Space into Apartments
• UCHealth to Expand Medical Center of the Rockies With New Tower
• Colorado’s Housing Market Would Have to Crash to be Affordable

ECONOMIC & EMPLOYMENT NEWS

• Fed Raises Interest Rates 75 Basis Points, Signals More Hikes To Come
• Global Bonds Rally After 10-Year Treasury Yield Touches 4%
• U.S. 10-Year Treasury Yield Posts Biggest One-Day Drop Since 2009
• Mortgage Rates Rise to 6.7%, Highest Since 2007
• Stocks Rise, Yields Retreat to Kick Off Quarter
• Colorado GDP Shrinks 2% in Second Quarter
• U.S. Job Openings Fell in August

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 mixed-use development site located near the SEC of the intersection of Firestone Boulevard (Hwy 119) and Colorado Boulevard. The site is in close proximity to Interstate 25 within a rapidly growing commercial and residential area. Click here to learn more about this opportunity.

See previous newsletters here.

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