6/12/2025 · market memo · multifamily · denver
Denver multifamily: the value-add spread tightened in Q2
Quarterly memo — Q2 2025
By Hayden Reyes
Eighteen months ago, value-add multifamily in the Denver inner-ring suburbs was trading 100 bps wide to stabilized product. In the first half of 2025 that spread closed to 50 bps.
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