Executive Summary
- EMBREY’s CIO, Garrett Karam, was recently interviewed by the Denver Business Journal to discuss building in the Denver market, challenges posed by the changing regulatory environment in Colorado, and the recent fire at Harker Heights.
- EMBREY is focusing future development on suburban projects, while maintaining an urban presence, in a disciplined response to absorption trends and regulatory complexity in the Denver market.
- EMBREY remains deeply committed to Colorado where it has been operating for the past 25 years, with multiple operating assets, projects under construction, and additional developments planned over the next 12–24 months.
EMBREY CIO, Garrett Karam, was recently invited by the Denver Business Journal to discuss the future of real estate development in Denver.
Following a five-alarm fire that resulted in the near-total loss of a 283-unit project, EMBREY has remained active in the Denver community, maintaining multiple operating assets, advancing projects under construction, and planning additional developments across Denver submarkets over the next 12 to 24 months. Having been a part of the market for the past 25 years, EMBREY remains deeply committed to Colorado.
This commitment comes amid a more complex operating environment in the state. Elevated supply has pushed up vacancy rates and contributed to declining rents, while evolving regulations have introduced uncertainty around pricing structures and revenue streams. Still, the market proves incredibly promising, particularly for suburban development.
Access the full interview on the Denver Business Journal website to learn more about EMBREY’s activity in Colorado and subscribe to EMBREY Insights for further market reporting. For more information on EMBREY assets in Colorado, visit our portfolio.
