Metro Denver apartment rents were on the rise before the pandemic
For the last several years, property managers have focused on recruiting tenants to fill empty new apartments or homes. For the past month, they have focused on reaching out to tenants and setting up payment plans for those who have lost income. Next month and in the months to follow, they will likely focus on trying to keep units and homes from going empty.
“We are trying to protect against vacancies,” said Ryan Boykin, co-founder of Denver-based Atlas Real Estate, which provides property management and brokerage services, on a webinar last week. “I’m very curious about what May looks like.“