News

Coloradosecures $1.5 Million Federal Grant for Foreclosure Prevention

Gov. Ritter Says Funds Will Help Meet Demand for Local Housing Counseling
The Colorado Housing and Finance Authority (CHFA), Gov. Bill Ritter, and the Colorado Foreclosure Prevention Task Force announced today that CHFA has been awarded a $1.5 million federal grant to increase foreclosure prevention counseling services across the state.

Local housing market still growing in value

Real estate veteran Greg Hahn expects the market to improve this year.
A veteran local real estate broker, Greg Hahn, co-owner and co-founder of ReMax of Pueblo, says the Pueblo foreclosure filing rate doesn’t actually reflect the local real estate market.

Snafus delay notices for tax districts

Area property taxes add up to $22M 
Montezuma County residents should have received their 2008 property tax bills in the mail last week - a bit later than in the past.

The Hampshire Generational Fund Acquires Office Building in Highlands Ranch, Colo.

Highlands Ranch, Colo. - January 22, 2008 - The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has acquired a 61,354-square-foot office building located at 8878 Barrons Boulevard in Highlands Ranch, Colo. from Van Schaack Holdings, Ltd. The acquisition was made on behalf of […]

NexCore Group Opens Chicago Office Recruits New Hires

MEDICAL OFFICE DEVELOPER GROWS TO MEET MARKET DEMAND
DENVER, CO and CHICAGO, IL January 23, 2008 – NexCore Group (www.nexcorehealthcare.com), a leading healthcare real estate developer, opened a regional office in Chicago, Illinois. To support its rapid growth in 2008, NexCore hired seasoned healthcare real estate executives William Maggard in its Chicago office and Mervyn Alphonso […]

The Hampshire Generational Fund Acquires 2.87 Acres and Three Medical Office Buildings in Littleton

Three Additional Medical Offices Planned
Littleton, Colo. (January 9, 2008) – The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has acquired 2.87 acres of land located at South Park Drive in Littleton, Colo. The acquisition was made on behalf of The Hampshire Generational […]

Colorado Holds Record for Most Expensive Home Sale

Estes Park Continues Banner Year in High-end Home Sales
ESTES PARK, Colo., Dec. 12 /PRNewswire/ — The most expensive single-family home sold in America was set in Colorado with the recent sale of The Trinchera Ranch in the San Luis Valley to billionaire hedge-fund manager Louis Moore Bacon for an estimated $175 million.

ProLogis Participates in the 2007 UBS Global Real Estate Conference

DENVER, Nov. 28 /PRNewswire-FirstCall/ — ProLogis (NYSE: PLD), the world’s largest owner, manager and developer of distribution facilities, announced today that it is participating in the UBS 2007 Global Real Estate Conference being held at the Renaissance London Chancery Court Hotel in London, England, on November 29 - 30, 2007. William E. Sullivan, chief financial […]

Revolutionary Retirement Planning DVD Workshop Teaches Individuals How to Achieve Total Financial Confidence

FORT COLLINS, Colo., Nov. 15 /PRNewswire/ — With real estate values either flat or declining across the nation, financial strategist Ken W. Stone believes people need to reassess their approach to retirement planning. Stone says, “Many baby boomers have fundamental fears about retirement. They wonder if they’re doing the right things with their retirement plan […]

ALLARD TESTIFIES IN SUPPORT OF ROCKY MOUNTAIN NATIONAL PARK WILDERNESS BILL

Allard Emphasizes the Need for Protection of the Grand Ditch
November 13th, 2007 - WASHINGTON, D.C. - U.S. Senator Wayne Allard (R-Colo.) testified today before the U.S. House of Representatives Resources Subcommittee on National Parks, Forests and Public Lands regarding S. 1380, the consensus Rocky Mountain National Park Wilderness legislation, which will designate nearly 250,000 […]

$47.143 Million Loan From Kennedy Funding Helps Idyllic Community Take Off in Eagle County, Colorado

HACKENSACK, N.J., Nov. 6 /PRNewswire/ — In a secluded valley just 35 miles west of Vail, Colorado, there are acres of lush pastures, spectacular scenery, and rich history — perfect for an exclusive gated community. Here can be found abundant wildlife, perennial sunshine, crystal-clear streams, limpid sapphire lakes, mild winters, and trails through the surrounding […]

Digital Realty Trust Signs Lease Agreements With SAVVIS for New Turn-Key Datacenter(TM) Facilities in Boston and Chicago

SAN FRANCISCO, Oct. 17 /PRNewswire-FirstCall/ — Digital Realty Trust, Inc. (NYSE: DLR), a leading owner and manager of corporate datacenters and Internet gateways, today announced that it has completed lease agreements with SAVVIS, Inc. for new datacenter facilities in Boston and Chicago.

ACTIVE POOL OF INVESTORS SUPPORTING APARTMENT DEAL FLOW IN DENVER

DENVER, Oct. 2007 – After a modest uptick in vacancy in the third quarter, supply and demand are expected to remain balanced through the end of the year, leading to healthy rent growth for Denver-area apartment owners, according to a third-quarter Apartment Research Report by Marcus & Millichap Real Estate Investment Services, the nation’s largest real […]

Unprecedented Corporate Volunteer Program Launched by Multi-Family Leaders

One Mission, Fifty Two Charities, 5,200 Volunteer Hours
DENVER , Oct. 8 /PRNewswire/ — Simpson Housing LLLP, Apartments.com and Sherwin-Williams have announced a national charitable volunteerism initiative this month, through a new program called, “Simpson’s YOU Make The Difference.”

SB 51 spurs green real estate development

With the High Performance Building Act (S.B. 51) in effect as of September 1, 2007, the Alliance for Sustainable Colorado today applauded the leadership by state government in spurring green real estate development in the public and private sectors, and further propelling Colorado’s burgeoning sustainable economy.