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Hits and Misses for the Real Estate Week of July 8-12

Hits and Misses for the Real Estate Week of July 8-12

by Phil Hall | Jul 12, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A proposed sales tax hike to finance Denver’s affordable housing, a bumbling response to Hurricane Beryl and too many empty offices in San Francisco. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 8-12. Miss: Rocky...
Denver Mayor Proposes Sales Tax Hike to Fund Affordable Housing

Denver Mayor Proposes Sales Tax Hike to Fund Affordable Housing

by Phil Hall | Jul 8, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

Denver Mayor Mike Johnston is seeking to hike the city’s sales tax rate as a financing vehicle to fund his affordable housing goals. The Denver Post reported the proposal would add an extra 0.5% to the city’s current effective 8.81% sales tax rate. Johnston, a...
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