Trouble for Weld County?

Citing a report by Wells Fargo Securities, the Denver Post reports that Weld County is likely to suffer the most from low energy prices, though Denver "may also face some downside risk," as a hub of the energy industry in the region. Colorado has the 10th-highest concentration of oil and gas workers in the country, with a large share of them in Weld, and presumably higher unemployment among them--should it come to that--will affect retail sales and multifamily occupancies. Or will it? Recently we reported that ROI Land Investments argues now's a good time to invest in Weld property: energy will still be a major force in the area, and the local economy's actually diversified.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Denver Newsletters
Related Stories

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Conversions Ramp Up As New Report Calls For Resident-Led Downtown Denver Recovery

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development

Food Hall Planned Near Broncos' Burnham Yard Stadium Site

Despite Foreclosure Litigation, Kaufman Astoria Studios Is Bouncing Back

How Flash Is Turning Parking Into A Performance Asset For CRE Owners

'Well-Built And Built To Last': Balancing Residents' Wants And Project Feasibility