DENVER-The Denver-area apartment market “went from the darling of the national capital markets to a dog with fleas,” all in the past 18 months, according to a forecast by Apartment Realty Advisors.

The report notes that the market was never as good as people thought it was, and not as bad as it is rumored to be today.

Yet, 2003 will not be kind to the apartment market, notes the company, which is owned by Jeff Hawks and Doug Andrews. But after delivering another 7,600 units this year, “the picture improves dramatically going forward,” according to the report.

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