Denver Real Estate Agent and Mortgage Broker Indicted in Mortgage Fraud Scheme

DENVER, - September 8, 2009 - (RealEstateRama) — Cedric Lipsey, age 35, and Philip A. Martinez, age 34, both from Denver, Colorado, were indicted by a federal grand jury last week on charges of wire fraud as part of a mortgage fraud scheme, U.S. Attorney David Gaouette, FBI Special Agent in Charge James Davis, and IRS Criminal Investigation Special Agent in Charge Christopher M. Sigerson announced. Lipsey was arrested by federal agents without incident. He appeared in U.S. District Court in Denver on August 31st, 2009 for an initial appearance, where he was advised of the charges pending against him. He appeared in court again today, where U.S. District Court Magistrate Judge Kristen L. Mix authorized his release on a $50,000 property bond

The Real Estate Market in Denver

Here is an overview.
Monday I am going to show a young buyer some Condos. The first two are near the airport, in a really nice neighborhood. They are only five years old, and they are both in great condition.

New $2.25 Million Investment by the John D. and Catherine T. MacArthur Foundation to Help Ensure Affordable Housing for Denver Families Near Mass Transit

MacArthur Foundation Funding to Help Preserve and Create Affordable Rental Housing Near Rail Service and Bus Routes
DENVER, CO - February 27, 2009 - (RealEstateRama) — The City of Denver and Enterprise Community Partners were named today to receive $2.25 million in funding by the John D. and Catherine T. MacArthur Foundation to support affordable housing rental preservation for Denver families near mass transit.

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 officer for ProLogis, will participate in a panel entitled “Analyzing the Fund Management Business” at 11:00am London Time (6:00am Eastern Time), on November 29, 2007.

Price May be Right for Buyers at Auction of 131 Denver Homes

DENVER, Nov. 19 /PRNewswire-USNewswire/ — Erupting across the country like a contagion, foreclosures continue to hobble the nation’s housing market, fueling the glut of homes for sale and further deflating prices. While economists portend bleak news in the months ahead, there is a silver lining to the slumped housing market — buyers can find bargains, particularly at foreclosed property auctions.