Real Estate Blog

Coloradans will vote on an affordable housing measure for the first time ever this November, one that would divert nearly $300 million in annual funding toward a first-of-its-kind program.

Proposition 123 is unique in its breadth and scale, supporters and analysts said. It would support eviction defense, down-payment assistance, new housing development, the purchasing of land for future use and direct payments to renters. Its presence on an already crowded ballot comes as affordability anxiety among residents — and their elected leaders — continues to rise: A Colorado Health Foundation survey found that 86% of residents felt that housing is a very or extremely serious problem, second only to the cost of living.

If passed, Prop 123 could spur the construction of 10,000 affordable rental units each year, said Mike Johnston, the CEO of Gary Community Ventures, which is supporting the effort.

“We cannot afford a Colorado where Coloradans can’t afford to live,” Johnston told supporters a..

Residents in Platt Park, including a city councilman, say an event center along South Broadway is using a liquor licensing loophole to host loud concerts that end in gunfire and litter.

The building’s owners and operators say those complaints are overblown.

1912 S. Broadway was once a theater and then Thrillseekers Climbing Gym, which opened in 1992 and closed in 2018 when its owner retired. Later that year, the century-old building was sold for $1.6 million to real estate agent Paul Yaft and lawyer Doug Norberg.

After three years of renovations, Yaft and Norberg have restored the art deco theater and leased it to a local company called Latin Entertainment Group, which operates it as the Elite Event Center. Since August, Elite has been throwing occasional Latin music parties there.

“You have houses that are directly behind this event center and they’ve had the luxury of not having any events going on in that building for probably at least five years,” Norberg said. “Now, they’re de..

The developer is adding nearly 50 acres to the industrial and retail park that is under construction. Plus, here's an update on phase one of the project.

Here’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.

The property was bought by a Miami company.

The 429 Business Center Phase II would rise on 17 acres.

Experts say water and power will continue to be an important topic of conversation in the data center industry as it grows in areas like the Phoenix metro.

Here's what Howard University is planning for its new East Towers development.

The submarket has an average retail rent of $21.61 per square foot and a 5.5% average retail vacancy rate

Durham is receiving tens of millions of dollars to support affordable housing in the city as the local cost of living continues to rise.