Denvers Apartment Boom Is Creating Entry Level Jobs

Dated: April 17 2017

Views: 463

The surge in apartment construction in metro Denver is creating shortages of a different kind — workers to lease and maintain all the new developments.

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“With about 25,000 units under construction, we are estimating that 600 jobs will be available,” said Christopher Dean, a spokesman with the Apartment Association of Metro Denver.

With the local unemployment rate at its lowest since the dot-com boom days, finding help has gotten much tougher. Experienced workers jump from new development to even shinier new development, and that is forcing their employers to get more creative in how they recruit.

“Instead of focusing on people who have industry experience, we are saying for these entry-level positions, let’s start getting outside of our industry,” said Allison Moledo, vice president of talent and development at Cardinal Group Management in Denver.

About 7,800 people work onsite at apartment communities throughout the metro area, with another 1,200 working off-site in management and investment companies, Dean said.

On the leasing side, entry-level wages in metro Denver start at about $28,000 and average closer to $41,000, Dean said. Commissions and incentives can boost that by another $1,000 a month. On the maintenance side, starting wages run about $31,200, with the average wage closer to $38,000.



Denver Colorado Real Estate Professional
 -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!

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Generation Property Group

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....

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