Comp Walks and Property Assessments in Denver

Lockheed Martin announced in October 2026 that it is bringing as many as 1,250 new jobs to its operations in Douglas and Jefferson counties. That is a ceiling, not a hiring promise, but it points to where the region's employers are growing: aerospace, defense and advanced manufacturing.

That hiring supports demand for garden-style and mid-rise apartments in the suburban employment corridors south and west of the city, along with build-to-rent homes, senior and active adult communities and new-home communities. Each of those draws a different renter or buyer, so the comps we choose depend on which one you are building for. A comp walk for a mid-rise near a corridor of engineering employers looks different from one for an active adult community, and we pick the properties accordingly.

Supply is the other half of the comp set. Northmarq forecast approximately 10,000 multi family deliveries in 2026, drawn from 24,800 units under construction that make up about 7% of the metro's inventory. Many of those buildings will open into the set your property is measured against, so the walk includes newly delivered communities and not only established ones.

The property assessment turns the lens on your building. We walk it with the same checklist, then set it beside the comps so the gaps are plain. Sometimes the answer is a small refresh of an amenity room. Sometimes a lobby and corridor package matters more than any single room.

You receive written findings with photo notes, a ranked list of where design spend would close the most distance to the competition, and a clear statement of what can stay as is. That document goes straight into a design brief, a renovation scope or a lender conversation. The proposal includes design fees for each property space and a separate estimated FF&E budget for that space. Your team budgets construction costs separately. Timing for the assessment depends on the properties in the comparison set.