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Atlas Real Estate Named A Fast 50 Honoree By Denver Business Journal

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DENVER, Oct. 13, 2020 – Atlas Real Estate, a full-service real estate company specializing in investment brokerage, property management and institutional acquisition, has been named a Fast 50 honoree by Denver Business Journal.

The Fast 50 Awards is an annual ranking by Denver Business Journal, recognizing privately held companies based on their percentage of growth in annual revenue for the past three fiscal years and celebrating the region’s innovators and entrepreneurs.

“We have seen remarkable growth at Atlas over the past several years and intend to sustain that growth trajectory in the future despite being in the midst of a global pandemic,” said Tony Julianelle, CEO of Atlas Real Estate. “I’m grateful to work with such an amazing team of people who have risen to the challenge and continually push the envelope on our business.”

Atlas Real Estate has grown tremendously since the company was founded in 2013. Starting with locations in Denver, Colorado Springs and Fort Collins, Colorado, Atlas later expanded its presence to Phoenix, Arizona. In 2019, Atlas outgrew its landmark office, the Zang Mansion, moving to more spacious headquarters at 970 Yuma, Denver, CO.

“It’s deeply rewarding to see how far Atlas has come since our inception,” said Ryan Boykin, co-founder and partner. “Atlas being named to the Fast 50 List is a testament to the hard work, creativity and can-do spirit of the team. While we’ve come so far, the possibilities are endless so I’m certain this is only the beginning for Atlas.”

In order to be considered in the Fast 50 List, companies must have a gross annual revenue of $1 million or more. Companies interested in making the Fast 50 List were asked to complete an application and questionnaire. Finalists are ranked on revenue growth based on verified information submitted in the questionnaire.

Colorado Companies to Watch

Atlas Real Estate Named as Colorado Companies to Watch 2020 Award Winner

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DENVER, Sept. 22, 2020 /PRNewswire/ — Atlas Real Estate, a full-service real estate company specializing in investment brokerage, property management and institutional acquisitions, is honored to be named a winner of the Colorado Companies to Watch Awards, presented by Bank of America.

Founded in 2009, Colorado Companies to Watch (CCTW) recognizes second-stage companies that are fueling Colorado’s economic growth. This year’s class of honorees is projected to generate more than $535 million in 2020. In addition to Atlas Real Estate, companies being recognized include FloWater, SonderMind, Wana Brands, HeartHero, Cheddar Up and Turbine Labs.

“We are especially pleased by this award because it is further indication that our mission to uplift humanity through real estate resonates as well outside our company as it does within,” said Tony Julianelle, CEO of Atlas Real Estate. “Colorado is our home and we are committed to creating a vibrant community that helps everyone we touch flourish!”

The Colorado Companies to Watch Awards receives more than 1,000 nominations every year. Winners are selected through a juried panel of Colorado industry leaders. The judges select the 50 award-winning companies from the list of finalists.

“This award validates our belief in real estate to change lives for the better and our commitment to the communities we serve,” said Ryan Boykin, co-founder and partner. “We envision growing and advancing our local team members, for it’s their dedication, enthusiasm and drive that has enabled us to make such a positive impact across the state.”

The full list of honorees can be viewed in ColoradoBiz Magazine.

About Atlas Real Estate: Atlas is a distinctly different real estate company specializing in: Investment; Property Management; Institutional Acquisition; a full-service Buy/Sell Brokerage; and a Zillow Offers Partner Agent. Serving Colorado, Arizona and Nevada, the group transacts more than $1 billion in real estate annually and manages more than 3,200 residential units. Atlas has been recognized as Best Place to Work, Best Property Management and Top Company in Real Estate. To learn more about Atlas, visit www.realatlas.com.

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Business Insider

A property management CEO says the key ingredient to successful real estate investing isn’t just location — you also need natural boundaries

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Real estate experts know how important location is when it comes to making a new investment.

And according to seasoned investor Tony Julianelle, who also serves as the CEO of property management firm Atlas Real Estate, there’s a way for buyers to assess a city’s long-term investment potential and make the most of their investments.

The rule is simple: look for cities with natural boundaries

Julianelle said certain locations have better appreciation because of their geographic boundaries and pointed out that places with natural restraints like Denver and Boise are cities with strong long-term investment potential.

“Denver is naturally constrained by mountains,” he said, adding that the city’s value is bolstered by its clearly defined natural borders.

Adding that scarcity of land builds property value, Julianelle mentioned the astronomical values of property in places like Manhattan Island — a famous natural boundary — where high prices are driven by demand for property that is naturally irreplaceable.

In contrast, “Oklahoma City is a pancake,” he said, emphasizing that the city’s development can simply keep spreading outward, and Kansas City, for example, stands in a similar position.

“It’s [Oklahoma City] never going to out-appreciate the new construction,” he said. “You don’t want that.”

This article originally appeared on Business Insider. 

Colorado Public Radio

Colorado Evictions Pick Up, But The Long-Feared Tsunami Hasn’t Hit Yet

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More Coloradans faced eviction after unemployment checks shrank and bans on eviction expired, but a long-feared tsunami of court cases hasn’t hit the state so far.

The state courts accepted filings for more than 1,200 removals throughout July, and nearly 300 more in the first week of August.

That was a sharp acceleration from the earlier months of the pandemic when the courts were all but frozen. Still, it’s far short of the state’s typical evictions activity, and it indicates that relatively few landlords moved toward immediate eviction as initial protections expired.

The Colorado Apartment Association argues that the low numbers are a sign of success.

“While evictions may creep closer to normal rates in August, the number of evictions is far, far below Colorado’s averages, and we attribute this to the way the community has stepped forward to help renters,” said Mark Williams, executive vice president for the organization, in a released statement. 

Surveys of large apartment operators have shown relatively few renters have stopped paying their bills altogether, and the apartment association said that there was “not a crisis.” Emergency government housing funds and unemployment benefits may have blunted the edge of evictions up til now.

“We’ve been really fortunate over these last several months to see the stimulus that was put in place … really work I think the way they were intended and help people make their basic needs, including their rent payments,” said Tony Julianelle, president of Atlas Real Estate, which manages thousands of apartment units on the Front Range.

Still, he said, a sharp reduction in unemployment benefits could push more renters to the edge. The $600-a-week federal supplement expired in late July, and the $300-a-week replacement may not arrive for weeks more.

September “is definitely going to be the stress test, if you will, without the level of support we’ve had for the last few months.”

Read the full article on CPR 

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Business Insider

7 cities real estate investors should target in the 2020s, from a property management CEO

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Good property investors should always have a pulse on the market.

And as the US continues to combat an unpredictable real estate climate brought on by the coronavirus pandemic, the likely sellers’ market could mean now is the right time for investors to start thinking about their next move.

Longtime investor and Atlas Real Estate CEO Tony Julianelle, who has built a $3.5 million real estate portfolio from scratch, told Business Insider that while real estate investments are great opportunities for investors looking to generate passive income, some cities are more likely than others to lead to profits.

With long-term market appeal, financing costs, and a number of other financial factors varying by state, Julianelle said some locations protect an investor’s bottom line better than others.

Read the full article on Business Insider

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Tony Julianelle Atlas Real Estate Denver CEO

Homeownership hit a 12-year high during COVID — or did it?

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Tony Julianelle is quoted in The Mortgage Reports. 

Homeownership is at its highest level in 12 years.

At least, that’s what a new report from the Census Bureau says.

Some experts doubt the data. Since the pandemic affected the survey, homeownership numbers might not be as high as they look.

But one thing seems clear: Home buying hasn’t gone away during coronavirus.

In fact, Americans are buying homes about as fast as they can be listed — even as the economy has stalled.

How is that possible? And what happens next? We asked the experts.

Read the full article on The Mortgage Reports 

Inman features Zillow Offers Denver Real Estate

A diverse portfolio is key as Americans flee to the suburbs

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3 real estate investing experts share their thoughts on coronavirus-induced urban flight and what it means for property investors

As the pandemic lingers, buyers and renters are rethinking their obsession with the bustling streets and bright lights associated with city life. An elevator ride, once seen as an opportunity to briefly chat with a neighbor, is now a potential danger. The proximity to entertainment and restaurants no longer matters as business owners make the hard decision to close down or limit access.

In response, buyers and renters are turning their sights to suburban areas with less density and more greenspace — two prized features for those who have spent the pandemic in cramped spaces. So, what does this mean for real estate investors who spent the last decade building their empires in the city?

Is it time to ditch the high rises for open spaces?

Don’t call it ‘urban flight’

“There’s a lot of talks right now about urban flight, and there’s a lot of talk about the suburbs,” Atlas Real Estate Group CEO Tony Julianelle told Inman. “A number of our larger institutional investors would like to have more exposure in the suburbs than they have now; however, I think it’s way too early to call that a fundamental shift.”

“There’s a quote from Warren Buffet a few years ago where he said, ‘When everybody is greedy you should be afraid, and when everybody is afraid, you should be a little greedy,’” Julianelle added. “I’m probably not stating that perfectly, but the concept [stands].”

He continued, “It feels like some of this shift to the suburbs or the exurbs further out is driven by fear right now, and to say that people’s desire to be in an urban area isn’t going to rebound substantially once we’re past coronavirus is premature.”

Read the full article on Inman 

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Tony Julianelle Atlas Real Estate Denver CEO

How a financier turned property management CEO went from losing money on his first rental to raking up a portfolio worth $3.5 million and counting

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About 20 years ago, Tony Julianelle lost money on his first property investment.

He was in his early twenties and living in his home state of Nebraska, where he bought six units in a small town with a population of about 6,000 people. He told Business Insider that he lost money on all of them.

For Julianelle, the lesson for him was that, while he could probably end up generating passive income from renting to such a small town in the long run, it would probably take him 30 years to do it. And the returns wouldn’t compare to what he could make elsewhere. 

“A good market can even fix stupid,” he said, “but if you’re going to invest in a town of 6,000 people, you should probably live there for the rest of your life.” 

Now, after a 20-year career in management at Wells Fargo, where he headed up mortgage lending for seven Midwestern states, Julianelle is the CEO of Colorado-based property management firm Atlas Real Estate, and has developed a personal real estate portfolio worth around $3.5 million, a valuation he plans to grow with yearly acquisitions. 

Read the full article on Business Insider

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Best Place to Work 2020

Atlas Real Estate Named As One Of Denver Business Journal’s 2020 Best Places To Work

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DENVER, June 25, 2020 — Atlas Real Estate, a full-service real estate company specializing in investment brokerage, property management and institutional acquisition, is thrilled to be selected as one of Denver Business Journal’s 2020 Best Places to Work.

In its Best Places to Work awards, Denver Business Journal recognizes workplaces in the Denver area whose innovation and operations are positively enhancing the business landscape for a better future, as well as creating an optimistic and supportive environment for their employees.

Employees for each nominated business were asked to complete an employee engagement survey, which measures key engagement categories. This includes trust in senior leaders, compensation, manager effectiveness, team effectiveness, benefits and feeling valued.

“We’re honored to receive an award that recognizes our team members’ dedication to helping people succeed,” said Tony Julianelle, CEO of Atlas Real Estate. “Our mission at Atlas is to uplift humanity through real estate, and that starts with our own team members.”

Atlas encourages an abundance mindset among its employees. Inculcating a mindset of abundance contributes to an office culture of possibilities and positivity which has been seamlessly translated into Atlas’ workplace.

“My work and family life are well-integrated, and I’m fortunate to be able to work with some of my closest friends,” said Ryan Boykin, co-founder and partner. “As a team, we are dedicated to each other; to community health and well-being; to mutually beneficial business transactions; to innovative real estate offerings; and to solid financials.”

Atlas Real Estate will be honored on July 30th with a Best Places to Work Awards Live Virtual Event via Zoom.

See the full list of Honoree’s on the Denver Business Journal 

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Denverite

Tony Julianelle quoted in Denverite

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Renters are worried a pandemic-caused eviction crisis is about to hit Colorado
A statewide ban on evictions has expired, and an order giving tenants more time to pay the rent is running out.

Tony Julianelle, whose Atlas Real Estate manages properties for landlords in Colorado and Arizona, advocated against eviction relief efforts at the Capitol. Atlas’s CEO said he was troubled by the length of the moratorium — which would have lasted until October — that legislators had proposed. He was also troubled at the idea of denying property owners the legal recourse of eviction when the terms of the lease, a legal contract, are broken.

“It is going to be important at some point to post notices and move residents out of properties that can’t pay,” he said. “The contract isn’t canceled. The rent is still due. And that accrual of debt can be very difficult for some people.”

Julianelle said tenants who can’t pay the rent can take such steps as moving in with a friend or back home with parents. Many of his clients are landlords with two units or fewer who depend on rent for income and to pay mortgages.

“These aren’t wealthy people positioning their assets,” he said.

Amid the coronavirus economic slowdown, some property owners have waived rent or worked out payment plans. Atlas hired an employee charged with helping tenants file for unemployment or find rent relief programs, Julianelle said. He portrayed evictions as a last resort.

“An eviction is a horrible reality,” he said. “No one wins in an eviction. The owner is not winning. The resident is not winning.”

Read the full article in Denverite 

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