Firm Says Colorado Ripe for Multifamily

DENVER—Throughout 2014, Walker & Dunlop Inc. provided more than $500 million in financing for several multifamily properties in Colorado.

With current real estate market trends, financing options and increased population growth, Colorado has become a premier destination for employment, residency and recreational activities, Walker & Dunlop says. With the region’s current unemployment rate at 5.3%, the necessity for rental properties has increased, resulting in above average occupancy rates. Investors have expressed additional interest in attractive loan options for value added sales and recently Colorado has seen a surge in out of state investors.