Opportunity zones set up across Colorado where tax breaks are available to investors

StartFragment Colorado recently designated 126 census tracts as opportunity zones where investors can reduce and eventually avoid any federal capital gains generated from investments made there. The goal of the program is to allow investors to take built-up capital gains and put them into a fund that can be used to invest in distressed areas. Through an effort from the Brighton EDC, there will now be an Opportunity Zone in Brighton. You can read the full article from the Denver Post here. Colorado on Friday designated 126 census tracts as “opportunity zones” where investors can reduce and eventually avoid any federal capital gains generated from investments made there. “Zones are in a number

Metro Denver March Monthly Economic Indicators

Monthly Economic Indicators March 2018 | Metro Denver[if lt IE 9]><![endif] U.S. News & World Report ranked Colorado No. 1 for economy, due to high grades for growth, employment, and business environment. The state ranked 10th overall. Existing home sales in Metro Denver decreased 21.6 percent over-the-month to 3,294 homes sold and decreased 6.8 percent between January 2017 and 2018. Metro Denver's industrial market continued its positive net absorption streak for the 31st consecutive quarter. You can see all of this data on the Metro Denver EDC Website.

With I-70 construction headaches looming, developers spy an opening in Adams County

Groundbreaking for the 76 Commerce Center, a 1.88 million-square foot industrial park at I76 and East 160th Ave right here in Brighton is scheduled for April 3rd. This project was able to come to fruition thanks to strong collaboration with the City, Hyde Development and our team and we're excited to see what this new development with bring to our community. You can check out the full article from Joe Rubino at The Denver Post here. StartFragmentThe industrial real estate market along Interstate 70 is Spandex tight. Add in that the highway is staring down the barrel of a multiyear reconstruction sure to snarl countless tractor-trailers and panel trucks in traffic jams after it starts this su

Metro Denver Monthly Economic Indicators

Monthly Economic Indicators February 2018 | Metro Denver[if lt IE 9]><![endif] StartFragment Metro Denver recorded a 10.2 percent decrease in foreclosures in December over the prior month and an 18.6 percent decrease over the year-ago level. Employment in Metro Denver rose 2.1 percent between December 2016 and 2017, or an additional 34,100 jobs during the period. The average rent for apartments decreased while vacancy rates rose to their highest level in seven years for the fourth quarter of 2017 as thousands of new apartments became available in the metro area. You can see all of this data on the Denver Metro Website. EndFragment

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22 S. 4th Ave., Ste 305

Brighton, CO 80601