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Paul Vranas

Senior Account Executive at Alternative Technology Solutions

Software Sales

Highlights

Jul 17 · linkedin

Illinois vs. Colorado: Which is a better state for Real Estate Investments?

This was a question that a friend asked at our population and demographics webinar last week.

One state is not better than the other, as different investors have different objectives and each state offers different investment profiles.

That said, population trends and demographics are extremely important factors impacting real estate investments.

The Weldon Cooper Center has a population forecast that can be used to look at population trends from a very high level.

Illinois Population 2020: 12,812,508 2050 Forecast: 11,659,474 Difference: 📉 Decrease of 1,153,033.65

Colorado Population 2020: 5,773,714 2050 Forecast: 7,690,559 Difference: 📈 Increase of 1,916,844.57

Different opportunities will exist in both states due to their changing populations.

For me, the population growth forecast for Colorado is better aligned for my long term equity growth goals.

Colorado's long term population growth forecast is the core basis for my investment thesis.

I like to keep things simple.

What action have I taken in implementing my thesis?

Over the last decade I have sold out of all of my investments in Illinois and transitioned them to Denver.

Jul 15 · linkedin

Denver made the "All Clear" list for initiating pre-development activities.

Read more in this recent article from Multifamily Executive:

https://lnkd.in/gu4xaBC6

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Experience

Senior Account Executive at Alternative Technology Solutions

Location

Denver, Colorado, United States