The theme for Denver has been growth, growth, growth. Just about every corner of the metro has experienced an uptick in demand since the pandemic, and for good reason. The Mile High City offered cheaper housing than many other areas out West, while promising a high quality of life and plenty of access to the outdoors — something we’ve all needed over the past two-plus years.
As the residents came so, too, did the developers.
“Given the Denver metro’s continuing influx of highly affluent residents and prestigious employers, demand continues to outpace supply for quality apartment communities,” says Larry Jacobson, president and CEO of the Jacobson Company, a Los Angeles-based private real estate investment company that owns two assets in Denver and is on the hunt for more. “To meet this immense demand, multifamily construction has picked up significantly.”