02/12/2012 - Colorado panel tasked with weighing eco-devo projects, doling out incentives
Over the next few months, nine men will decide which projects get funding under a state law created in 2009 to bring new visitors to Colorado. They are the members of the Colorado Economic Development Commission, which approves loans and grants from the state's economic-development fund to help businesses expand and to attract new companies to Colorado.
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02/10/2012 - Apt. builders brush off overbuilding concerns
Despite fourth quarter apartment vacancy increases and rental-rate declines, Colorado Springs real estate insiders say the market is still on the upswing and will be able to support new development. Year over year, fourth quarter vacancies in Colorado Springs apartments were down, according to two reports — a statewide report from the Colorado Division of Housing [...]
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02/10/2012 - Bradford Publishing Co. Released the 2012 Colorado Real Estate Manual
The 2012 edition of the Colorado Real Estate Manual, which provides the most current rules, statutes, and information relating to Colorado property, is now available. Issued every year, this essential guide is used as a reference by practicing real estate brokers, appraisers, mortgage professionals and lawyers. ...
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02/10/2012 - Political insiders in Colorado organized nonprofits to fund redistricting efforts
Months before the public redistricting process began, political insiders in Colorado organized nonprofits that would pay for redistricting consultants and legal efforts.
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02/08/2012 - Colorado tribes receive HUD funds
Two Colorado tribes have received funding under the U.S. Department of Housing and Urban Development’s Indian Housing Block Grant program. The Southern Ute Indian Housing Authority in Ignacio received $1.2 million and the Ute Mountain Ute Housing Authority in Towaoc got $1.3 million as part of the $404 million distributed to nearly 300 tribes in 27 states. [...]
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02/08/2012 - Big deals highlight 2011 real estate in Snowmass
SNOWMASS VILLAGE, Colorado — 2011 won't go down in Snowmass Village as the most lucrative year for real estate sales, but it could be remembered as a pivotal one.
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02/06/2012 - Colorado bill that closes loophole in used tire recycling advances
A bill to shut down a loophole in a Colorado program designed to encourage the recycling of used tires passed a second tier of legislative scrutiny this morning.
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02/01/2012 - CU-Boulder names Sherman Miller new director of Real Estate Center
The University of Colorado has named longtime Colorado real estate professional Sherman Miller executive director of the Real Estate Center in the Leeds School of Business.
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02/02/2012 - Miller to lead CU Real Estate Center
Colorado real estate veteran Sherman Miller has been named executive director of the University of Colorado Real Estate Center. Miller, who was serving as interim director after the departure of Susan Watts last year, was chairman of the center in 2010-11.
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01/30/2012 - Small strides expected in commercial real estate market
Expect another year of gradual improvement in the local commercial real estate market in 2012, but outside forces such as Department of Defense cuts could affect some sectors of the market, according to a forecast by Grubb & Ellis/Quantum Commercial Group, a Colorado Springs brokerage....
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01/29/2012 - Some see real estate bright spots
EAGLE COUNTY, Colorado - It's easy to see continued grim news in the county's real estate market. And there's plenty to be glum about. But there may be some signs of a slow rebound. The good news is the number Copyright 2012 Vail Daily. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Vail Daily Some see real estate bright spots January, 29 2012 ...
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01/25/2012 - Mortgage loan payoffs hit 10-year low
The number of mortgage loans paid off in Colorado was down 6.4 percent in 2011 compared with 2010, according to a new report from the Colorado Division of Housing.
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01/23/2012 - Crowne Plaza hotel focus of court battle
One of the oldest and largest hotels in the Colorado Springs area, the Crowne Plaza, could end up in new management hands as the result of financial and legal battles.The...
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01/19/2012 - Division suspends manager’s real estate license
The Colorado Real Estate Commission voted to immediately suspend the real estate license of property manager Sherry Jefcoat, after complaints were received regarding Jefcoat’s alleged mishandling of rental income owed to property owners. Investigators with the Division of Real Estate have looked into complaints alleging that Jefcoat did not forward rental money, security deposits or keys [...]
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01/19/2012 - Trader Joe's on its way to Colorado
Trader Joe's is planning to come to Colorado this year, and a source close to the situation said the California grocer is "most likely" coming to Boulder's Twenty Ninth Street retail development.
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01/17/2012 - RED Takes Denver Metrolist Consumer Facing MLS Site Live
Real Estate Digital (RED) has announced the launch of the newly designed, consumer-facing property listings site the company developed for Metrolist—the largest real estate Multiple Listing Service (MLS) serving Colorado. Focused on maximizing the consumer experience, the new site, www.recolorado.com,…
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01/17/2012 - Local residential brokerage ties its wagon to national franchise
An independent Colorado Springs residential real estate brokerage has affiliated with a national franchise, a change the local owner expects will bring more technology resources to clients and brokers.The Masters Real Estate Group, with 82 licensed real estate agents and two Springs-area offices,...
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01/12/2012 - Metrolist Launches Real Estate Website Designed to Make Finding Homes Easier for Coloradans
DENVER, CO-- - Metrolist® has officially re-launched www.REColorado.com , a consumer-facing real estate search engine that's similar to search sites Trulia and Zillow but with more accurate and timely ...
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01/12/2012 - COLORADO Lender Announces Expansion To Minnesota Real Estate Investor Market
WHEAT RIDGE, Colo., Jan. 12, 2012 /PRNewswire-iReach/ -- Pine Financial Group, Inc, Colorado's premier hard money lender, is now funding rehab dealsfor real estate investors in or near Minneapolis, MN. This strategic move comes after market research indicated a need for a...
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01/10/2012 - Quimby named chair, interim CEO of combined chamber, EDC
Doug Quimby, a local real estate developer, will head the board of directors of the combined Colorado Springs Chamber of Commerce and EDC when it gets off the ground Feb. 1. Not only that, Quimby will serve as interim CEO of the new organization until a new CEO can be hired. Quimby was one of the architects [...]
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01/06/2012 - County hits $1 billion in real estate sales
EAGLE COUNTY, Colorado — Eagle County's real estate market passed $1 billion in sales for the year in November, but the total dollar volume of sales for 2011 still lags behind the 2010 totals.
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01/06/2012 - Urban Land Conservancy Closes Deal, Transitional Housing Services Continue Near Future East Rail Line
DENVER , Jan. 6, 2012 /PRNewswire/ -- As part of an innovative real estate preservation model, Colorado Coalition for the Homeless (CCH) purchased from the Urban Land Conservancy (ULC) 1.7 acres near 40th ...
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12/29/2011 - PulteGroup Sells Colorado Land; Homebuilder Stocks Rise
Homebuilder PulteGroup (PHM) said today it has completed the sale of land approved for about 1,500 residences in Broomfield, Colorado to private real estate investment firm Wheelock Street Capital.
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12/29/2011 - Pulte Group sells select Colorado land assets
PulteGroup announced ay that it has completed the sale of land approved for approximately 1,500 residences in Broomfield, Colorado to Wheelock Street Capital LLC, a private real estate investment firm. ...
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12/27/2011 - Briargate developer Lew Christensen dies at 75
Longtime Colorado Springs real estate developer and businessman Lew Christensen had many close friends after living in the city for 41 years. But he also had a relationship with the community that extended beyond the people he knew.Through leadership roles with several business and civic groups,...
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12/26/2011 - Developer Walter Koelbel Sr. a noted CU philanthropist
Colorado real-estate developer and philanthropist Walter Koelbel Sr. died on Christmas Day, his family said Monday.
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12/26/2011 - Colorado real-estate developer Walter Koelbel Sr. dies
Colorado real-estate developer and philanthropist Walter A. Koelbel Sr. died Dec. 25. He was 85.
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12/27/2011 - Walter Koelbel, icon in Colorado real estate industry, dies 85
Colorado real-estate developer and philanthropist Walter A. Koelbel Sr. died Sunday. He was 85.
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12/26/2011 - Real-estate developer Walter Koelbel Sr. dies
Colorado real-estate developer and philanthropist Walter Koelbel Sr. died on Christmas Day, his family said this evening.
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12/25/2011 - Italian immigrant John Gandolfo found his fortune in Yuma
John Gandolfo was a Yuma businessman who operated steamships on the Colorado River, hauled freight from Yuma to Needles, and accumulated extensive real estate holdings, including hotels and business properties.Gandolfo, born in Genoa, Italy, in November 1846, immigrated to...
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12/23/2011 - 2011’s biggest real estate deals
The state of the U.S. economy played a definitive role in the Colorado Springs region’s top real estate deals this year. Investors swooped in to buy bank-owned properties at discount prices. Local and out-of-state apartment-management companies bought several complexes to capitalize on apartment demand, which is at a 10-year high. And large nonprofits with deep pockets [...]
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12/22/2011 - Exec gets 12 years in Ponzi case
A former Albuquerque real-estate executive pleaded guilty Wednesday to two felony charges and agreed to serve up to 12 years in prison to settle charges he ran a Ponzi scheme that swindled nearly $75 million out of investors in at least eight states, including Colorado.
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12/21/2011 - Co-working center opens downtown
A Colorado Springs real estate agent and her asset manager partner have opened a co-working center in the downtown area in hopes of attracting up to 30 freelance workers within the next month or so.Hannah Parsons and Lisa Tessarowicz opened Epicentral Coworking this month at 409 N. Tejon St.,...
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12/20/2011 - Colorado’s energy resources runneth over
When it comes to energy, Colorado is well endowed according to “Resource Rich Colorado” a companion study to the Metro Denver Economic Development Corp.’s “Toward a more Competitive Colorado.” Here is a snapshot of where Colorado stacks up among the states: • 3rd in proven natural gas reserves, behind Texas and Wyoming, with 23,058 billion [...]
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12/15/2011 - Number of real estate loans that were paid off in 3Q falls in Weld, state
The number of real estate loans that were paid off in Weld County during the third quarter fell 27 percent when compared to the third quarter of 2010, according to data released Wednesday by the Colorado Division of Housing.
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12/12/2011 - Daily briefing: Brinkman wins EREC entrepreneur award
Fort Collins-based Brinkman Partners has been awarded the Colorado State University Everitt Real Estate Center's Entrepreneur of the Year award.
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12/09/2011 - Royal "Scoop" Daniel waives extradition, could return to Colorado within a week
Royal "Scoop" Daniel III could return to Colorado as early as next week, after he waved extradition during a hearing in San Diego.
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12/10/2011 - Alleged swindler waives extradition, could be in Colorado next week
Royal "Scoop" Daniel III could return to Colorado as early as next week, after he waived extradition during a hearing in San Diego.
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12/09/2011 - Financial picture brightens for Colorado banks
Colorado's share of struggling banks fell while the share of recommended banks rose between the second and third quarters, reports BauerFinancial, a Florida firm that rates banks and credit unions.
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12/08/2011 - Downpayments for home purchases averaging 12.42% in Colo.
Colorado buyers would have a difficult time meeting a federal proposal for 20 percent down payments on home purchases, according to a report today from LendingTree, an online lender exchange.
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12/06/2011 - Colorado expected to create more jobs than rest of U.S.
Service providers will continue to do the heavy lifting when it comes to creating jobs next year in Colorado, according to the 2012 Business Economic Outlook from the University of Colorado at Boulder Leeds School of Business.
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12/06/2011 - Colorado is expected to create more jobs than the rest of the nation, economic analysts assert
Service providers will continue to do the heavy lifting when it comes to creating jobs next year in Colorado, according to the 2012 Business Economic Outlook from the University of Colorado at Boulder Leeds School of Business.
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12/05/2011 - Praedium, Hamilton Zanze Sell $25M Apartment
COLORADO SPRINGS, CO- The Praedium Group , a New York City-based national real estate investment firm and Hamilton Zanze & Co. , a San Francisco-based real estate operating company, have sold the Preserve at Hidden Creek in Colorado Springs, CO. The 240-unit residential community was acquired by Griffis/Blessing Inc.
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12/05/2011 - Comment on Real-estate speculator's complex land-swap plan too rich for billionaire William Koch
When will the tax payers of Colorado and the so-called "conservationists" ever realize that conservation easements are a tax dodge and a scam on those Colorado tax payers who get nothing from these deals that benefit mostly the very wealthy?
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12/01/2011 - Survey finds vacancy rate similarities in other cities
While Colorado Springs real estate insiders have bemoaned the city’s high office vacancy rates, they’re similar to those in other cities the same size, according to Hoff & Leigh Commercial Real Estate. “The surprising thing is that we’re actually pretty well positioned in comparison to other tertiary markets,” said Hoff & Leigh researcher Jason Baumgartner. The office [...]
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11/29/2011 - Dodds joins Slifer Smith & Frampton in Eagle Ranch office
VAIL, Colorado - Katherine "Kay" Dodds has joined Slifer Smith & Frampton Real Estate as a broker associate. Dodds has been involved in Vail Valley real estate since 2001. She has worked across a spectrum of the real Copyright 2011 Vail Daily. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Vail Daily Dodds joins Slifer Smith & Frampton in Eagle ...
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11/29/2011 - Eateries crop up in Eagle County
EAGLE COUNTY, Colorado — Real estate's mantra — location, location, location — works in other businesses, too. It seems especially true in the local restaurant business, although you can add “opportunity” to the chant, too.
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11/28/2011 - Q&A with Tony Rose: Realtor enjoys variety in his job
Working with homebuyers and sellers isn't like making widgets in a factory, and that's one of the reasons Tony Rose likes real estate.Rose, 42, broker/owner of Rose Real Estate in Colorado Springs, recently became the new board chairman of the
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11/23/2011 - Former Bronco joins Keller Williams Mountain Properties
EAGLE COUNTY, Colorado — Terry Erwin recently joined the Keller Williams real estate team in the Vail Valley.
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11/22/2011 - CU's Nick Kasa finds permanent home at tight end
Three years after becoming one of the most highly rated defensive linemen in history to sign with Colorado, junior Nick Kasa said Monday he finally has found a home.
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