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Archive for May, 2009

Why Internet Marketing Matters

Saturday, May 30th, 2009

By Brent Sprenkle - Commercial Real Estate Brokers who don’t embrace digital marketing simply cannot effectively serve their clients in today’s market. While there are certainly many factors that must come together to successfully culminate a transaction, there is no denying the value of visibility and exposure when selling or leasing commercial real estate. I’m always amazed at the number of brokers who have yet to embrace the internet as a strategic part of their marketing plans.

Colorado Multi-Family Updates

Friday, May 8th, 2009

By Doug Carter - We are thankful to work in the apartment industry during this time of great market adjustment in the other commercial real estate sectors. Apartments remain the investment of choice as both Wall Street and other commercial real estate asset classes fall out of favor.

Sales - Colorado Springs apartment sales in the first quarter 2009 reflected the nation wide real estate “chill” caused by changes with lenders, Wall Street and the economy. One apartment complex sold in Colorado Springs during the first 3 months. It was a 30 unit class “C”, REO sale at $31,700 per unit.  We are currently marketing a similar 39 unit building for $25,600 per unit.

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