The Denver area’s apartment building frenzy will slow next year as demand for new high-end developments wanes and financing for new projects gets tighter, say economists and industry leaders.
As renters’ pocketbooks respond to rising prices and banks look to other investment projects, multifamily-unit construction will slow in the Denver-Boulder area, according to a midyear economic update in the University of Colorado’s Colorado Business Review.
Read the article in The Denver Post