Ferd L. Belz II Participates in CREJ Land Conference
Ferd Belz, President of LC Fulenwider, attended the 2018 Residential and Commercial Land Development Conference in Denver in August. Colorado Real Estate Journal has an article on its website. Below is n excerpt:
Land demand along the Front Range is through the roof.
In fact, there has never been a time in Denver area history when there has been so much interest to buy property for residential and commercial development, according to veteran land broker Mike Kboudi.
“Demand is hot,” said Kboudi, a senior managing director in the Denver office of Cushman & Wakefield.
“And it is not just one product type. There is interest in buying properties across every product type,” added Kboudi, who during the past five years alone has sold more than 3,000 acres worth more than $215 million.
Such a widespread interest in land “is not common at all,” he said.
And when Kboudi says all types, he is not kidding.
“There is demand for land to develop offices, retail, for-sale residential, apartments, hotels, industrial and even specialized interest like churches,” Kboudi said.
Kboudi will join 15 other land experts to discuss every aspect of the ongoing land grab later this month.
You can read the full article here.