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.
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.”