February 5, 2020
Welcome to Real Estate Perspective – real estate market and economic information from over 40 sources in a single, easy-to-read weekly newsletter.
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Each business day the JRES staff reviews all Denver metro area wide and local newspapers, trade journals, government websites, blogs and other sources for commercial and residential real estate and economic news. News items are condensed into easily readable summaries providing all of the essential facts for the Real Estate Perspective newsletter. Real Estate Perspective is provided alongside Cherry Creek Perspective which provides quick and easy monthly access to current metro area mobility, and southeast Denver real estate and economic information. And Apartment Perspective, provides a detailed update of Denver metro area apartment rental, vacancy and development/construction activity including proposed projects. A searchable library of all of the JRES newsletters content is available at:
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OPPORTUNITIES
Metropolitan Districts: Wild West or Promised Land?
Sharp Auditorium, Denver Art Museum, 100 W 14th Avenue Pkwy, Denver
March 4th, 7:30 AM – 10 AM
Colorado’s 1,800 Metro Districts have come under attack for being shadow governments that result in high property taxes and sprawl. (See the recent Denver Post series, “Debt and Democracy.”)
www.denverpost.com/tag/debt-and-democracy/
Yet in the post-TABOR era, Colorado has few choices to fund essential public improvements such as sidewalks, parks, roads, and services like water and sewer. Projects like the Central Platte Valley, Highlands Ranch, and Stapleton might not exist without the Metro District finance structure. Developers say that since TABOR they are simply using the tools available to fund housing, commercial areas, amenities, and infrastructure that serves hundreds of thousands of Coloradans. If these public infrastructure costs were included in the price of each home, many residents would be priced out of the market. Instead, metro districts spread these costs out over time. This program will unearth fact and fiction related to Colorado’s Metro Districts, discuss challenges and successes of these special districts, and explore policies that support our state’s sustainable growth.
colorado.uli.org/events/detail/80890303-6D27-4D48-8EC8-EAB1A80C00AA/
Join us for the second session of the three-part series focused on small scale development. This session will focus on the missing commercial middle on main street corridors with the case study of Denver’s Colfax Avenue. Today’s market doesn’t permit small scale development and redevelopment because of the barriers imposed by our regulations and access to capital. Join this discussion as we reveal some change of thinking and practice around making small possible.
Thursday, March 5 – 4:30 – 7:30 PM MST
Location will be announced soon!
downtowncoloradoinc.org/event-3654790
THE ROAD AHEAD – The Slow Death of Urban Parking
March 12, 2020
Denver Botanic Gardens – Mitchell Hall – 1007 York St, Denver
Thursday, March 12, 2020 – 8:00 AM – 11:15 AM
Keynote – Dr. Rachel Weinberger
The sixteenth annual seminar produced by Transportation Solutions features presentations, a panel discussion and an invitation-only luncheon, combining important social, economic, and ongoing transit issues to seek out mutually beneficial solutions. The event attracts elected officials, policy makers, private developers, and transportation industry leaders. The presentation elicits animated dialog from panelists who have a passion for accessing the benefits of transit-oriented developments in the Denver area. Dr. Weinberger is an internationally recognized expert in sustainable transportation with specializations in travel behavior, land use/transportation, and the economic impacts of transportation/parking policy who has worked closely with the renowned Donald Shoup from UCLA on the true impacts of parking on a community.
www.eventbrite.com/e/the-road-ahead-2020-the-slow-death-of-urban-parking-tickets-88731555471
CI 101: Financial Analysis for Commercial Investment Real Estate
Jeff Engelstad
Daniels College of Business – University of Denver
March 23, 8:00 AM MT – March 26, 2020 : 5:00 PM MT
CI 101 is a bedrock class for real estate practitioners at a time when risk mitigation, pricing, and cycle assurance have become critical to investors. CI 101 introduces the CCIM Cash Flow Model, a tool for ensuring your investment decisions are based on wise finance fundamentals. During the course, you will learn how to use key financial concepts such as Internal Rate of Return (IRR), Net Present Value (NPV), Cap Rate, Capital Accumulation, and the Annual Growth Rate of Capital to compare different types of commercial real estate investments.
This course will teach you how to:
- make informed investment decisions using the CCIM Cash Flow Model
- measure the impact of federal taxation and financial leverage on the cash flow from the acquisition, ownership, and disposition phases of real estate investment
- use real estate analysis tools to quantify investment return
ccim.personifycloud.com/PersonifyEbusiness/Default.aspx?TabID=1619&productId=198720990
