Interest rates are continuing to decrease for the middle of July! We hope to continue to see this trend continue. On average, rates are at 6.77% for a 30 year term. - #interestrates #coloradorealestate #residentialrealestate #mortgage
Beacon Real Estate Services LLC
Real Estate
Englewood, Colorado 58 followers
Real Integrity. Real Results.
About us
- Our primary focus is on putting together private investment groups to buy commercial real estate. - We assist clients with developing, buying, and selling commercial properties. - We also do commercial property management and leasing. - Lastly, we service the residential needs of our clients.
- Website
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https://beaconrealestateservices.com/
External link for Beacon Real Estate Services LLC
- Industry
- Real Estate
- Company size
- 2-10 employees
- Headquarters
- Englewood, Colorado
- Type
- Self-Employed
- Founded
- 2019
Locations
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Primary
384 Inverness Pkwy
STE #115
Englewood, Colorado 80112, US
Employees at Beacon Real Estate Services LLC
Updates
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Kroger and Albertsons are planning to sell nearly 600 stores nationwide in an effort to gain approval for their $24.6 billion merger. In Colorado, 91 stores are slated for sale, with many located in the Denver Metro area. Additionally, two distribution centers in Colorado and a dairy plant in Denver are included in the sale. What are your thoughts on the potential grocery merger? - https://lnkd.in/g_jv6f2T
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This townhouse in Aurora is under contract! - #auroracolorado #realestate #coloradorealestate #realtor #residential
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The commercial market trends are out for Q2 2024! In this report, we see that the Denver market is still slowing down. The four major property types saw 373 sales during Q2 2024. To read more about this report and the property types, click here: https://lnkd.in/gWauawrf - #commercialrealestate #denvercolorado #realestateinvesting #commercial
Investment and Sales
beaconrealestateservices.com
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The Denver Metro residential market trends are out for June! The market is starting to grow with 11,293 active listings. To read the full report and presentation click here: https://lnkd.in/gpEgJ5Xw - #coloradorealestate #denver #realestateagent
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Housing starts have fallen to their lowest level in nearly four years this May, driven by elevated interest rates and harder lending requirements. This decline has raised concerns about a growing nationwide housing shortage. In May, single-family housing starts dropped to 982,000 units, a 5.2% decrease from April 2024. Years of underbuilding have contributed to significant undersupply, currently estimated at around 2 million units. Persistently high mortgage rates have sidelined many prospective buyers, while homebuilders face additional challenges such as rising construction costs and labor shortages. - #realestate #mortgagerates
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Interest rates are continuing to decrease for the month of June! We hope to continue to see this trend continue. On average, rates are at 6.87% for a 30 year term. - #commercialrealestate #RealEstate #coloradorealestate
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Our lovely Windsor Gardens condo listing is under contract! - #undercontract #realestate #coloradorealestate #condoforsale
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This week's report is from Kastle Systems and reporting on how many employees were in the office last week. On a 10-city average, only 51% of employees were back in the office. - #realestate #CommercialRealEstate #officespace #vacancy
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Commercial borrowing began slowly in the first quarter, with an exemption of industrial properties. Loans for industrial properties increased by 63% compared to the low 8% for hotels. This surge is reflects the strong demand for industrial space, driven by companies like Amazon expanding their warehouse space. However, overall commercial investment has remained cautious due to rising rates and economic uncertainty. This has led other commercial markets to decline in sales and refinancing activity. Retail property loans have dropped by 31% year-over-year. Read the full article here: https://lnkd.in/edAXfr3Y - #realestatenews #realestate #commercialrealestate #investing
Industrial Loans Rise 63% While Most First-Quarter Borrowing Declines
costar.com