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Denver Rentals Could Be Harbinger for US Pricing

Investors Watch If Pandemic Alters $120 Million Valuation on Older Complex With 460 Units
A three-building, 10-story complex in Denver is a good test case to judge investor appetite for older rentals. (CoStar)
A three-building, 10-story complex in Denver is a good test case to judge investor appetite for older rentals. (CoStar)
By John Doherty
CoStar News
May 1, 2020 | 8:08 P.M.

A Denver apartment property that would have been fodder for a bidding war two months ago is up for grabs and could help clarify the new rules of valuation during the coronavirus pandemic. It's a scenario that could play out in other U.S. markets.

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News | Denver Rentals Could Be Harbinger for US Pricing