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Top 10 real estate deals of 2012
The biggest real estate deals of 2012 had a common theme. Seven of the 10 were apartment complexes. As Nor’wood Development Group and a few others started construction on some of the first new apartments in Colorado Springs in the past decade, investors knocked on brokers’ doors looking for existing properties to buy.
The excitement and hope commercial real estate brokers put on display at the start of 2012 was mostly gone by the time they started trying to predict what will happen in 2013. “I think we all just wanted it to be behind us,” said Greg Phaneuf, a principal at Cushman & Wakefield Colorado Springs Commercial. [...]
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