Skip to content
Classifieds

User Stats

109
Posts
81
Votes
Rodolfo Canon
  • Commercial Real Estate Agent
  • Denver, CO
81
Votes |
109
Posts

Denver Commercial Podcast: Lending From a Banker's Perspective

Rodolfo Canon
  • Commercial Real Estate Agent
  • Denver, CO
Posted Dec 1 2018, 06:29

The Canon Property Group at Your Castle Real Estate is a small team that has built its business by understanding our customers’ needs and objectives and finding either buyers or sellers for them. The commercial market today is a seller’s market. We receive between 4 and 6 unsolicited, out-of-state inquiries every day from investors seeking opportunities in this very hot market. As a result of that interest we researched the number of transactions in 2017 in a narrow value range of $2.5 million and $5 million and discovered there were 237 transactions in the Denver MSA with a total sales volume of $818,000,000.

That tells us there is a lot of opportunities in that segment. For every commercial transaction you see in the news, those 85 million-dollar apartment complexes, there are 20 transactions that didn’t make the news that are done by people who are everyday investors. These Mom and Pop investors are folks who have saved some money, bought a building, and sold it 20 years later, and retired. Or moved up to a bigger asset through a 1031 Exchange.

This segment is approachable by a large segment of the Denver investment community. Potential investors, who have saved some money, or who have some equity in their house, have an opportunity to get into commercial real estate investing without being one of these hundred million-dollar projects.

For these smaller investors obtaining financing is a critical component to buying real estate. In our podcast, we invited a special guest, Caleb Neumeyer, the Vice-President of Commercial Banking at Bank of Colorado to discuss commercial lending, or, “lending for a business purpose.”

Podcast Listening Options: Apple Podcasts | Android | Email | Google Podcasts | Stitcher | TuneIn | Spotify | RSS | More

Read the blog article at https://www.canonpg.com/denver-commercial-real-estate-lending-from-a-bankers-perspective/

Offering