In this episode, David Moghavem interviews Kevin McKenna, a seasoned broker in the Colorado Springs multifamily market. They discuss the significant population growth, the quality of life that attracts residents, and the military's influence on the local economy. Kevin provides insights into the geographic layout of Colorado Springs, the current cap rates, and investment opportunities in the multifamily sector. They also address common misconceptions about the market and share expectations for the future of the multifamily landscape.
Chapters
00:00 Introduction to Colorado Springs Market
01:50 Population Growth and Quality of Life
05:48 Military Influence on Employment
10:19 Geographic Overview of Colorado Springs
18:02 Cap Rates and Market Opportunities
30:43 Investor Insights and Market Sentiment