Meeting about an assisted living facility we have under contract with a potential investor who has “8 million” currently earning a “guaranteed 5%”, the inevitable subject of overvaluation came up, to which my response was, not quite.
Buoyed by many positive trends, such as the nation’s first Olympic museum, projections of our being the nation’s cyber security capital, expansion of direct flights to and from the Colorado Springs airport and more, there’s also this:
Historically just a few years behind the Denver MSA, which may have plateaued as of this writing, it seems the Colorado Springs market has up to 5 years of upswing left.
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