Home » Archives by category » Print (Page 280)

Thanks to their approval of the strong-mayor form of government in the November election, city residents will get what they voted for in 2011: change. Voters will select a new mayor and a seven of nine council members. The new mayor will have powers that his or her predecessors could only dream of, including preparing… Continue Reading 2011 Forecast: A strong mayor, restrained by TABOR

Continue reading …

The biggest change coming in the local sports scene next year involves one of the biggest sports organizations in the world: The U.S. Olympic Committee is preparing for a series of events that will boost its profile in the Springs, as well as globally. “We have a nice list of premier events on tap,” said… Continue Reading 2011 Forecast: USOC promises higher profile in new year

Continue reading …

Jerry Fritsche’s long career in investment banking began in almost 40 years ago, when he went to work as a stockbroker in Colorado Springs. In 1992, he founded Fritsche Capital Group, which now maintains offices in Colorado Springs and Los Angeles. The company is an independent corporate finance advisory boutique thataims to provide sophisticated corporate… Continue Reading Fritsche sees problems with venture capital mindset

Continue reading …

The Broadmoor, a barometer of sorts for the convention and meeting business in Colorado Springs, closed out 2010 with group room-night sales significantly higher than expected. The hotel had braced for a decline in group business for the year but instead, thanks to a recovering, if unsteady, economy, was able to post results in line… Continue Reading Group sales help Broadmoor finish year on high note

Continue reading …

Word that El Paso County’s largest private real estate transaction of the year closed last week — just before the books closed on a miserable 2010 — offered an ember of optimism for the commercial real estate market. Just don’t expect any sparks. The 85,000-square-foot office building at St. Francis Medical Center, known as NorthCare,… Continue Reading End-of-year NorthPark deal inspires little optimism

Continue reading …

A half-empty building at the corner of one of downtown’s busiest intersections will go on the auction block soon, and the weak real estate market means that potential investors could land a bargain. The building is listed for $7.25 million, although many believe it will sell for considerably less. Owned by Grubb & Ellis Co.,… Continue Reading 6 Tejon owner hopes building will soon be going, going, gone

Continue reading …

2011 Forecast: Hoping for a return of lending

Comments Off

Although lending is not likely to increase dramatically, there is some hope that 2011 will mean better things in the banking world. The healthiest local banks — 5 Star Bank, The Bank at Broadmoor, Central Bank and Trust, and FirstBank — are staying the course, maintaining capital levels and working through whatever bad loans they… Continue Reading 2011 Forecast: Hoping for a return of lending

Continue reading …

After years of a down market, hoteliers anticipate a better year in 2011. A full recovery isn’t in the cards but most in the hospitality industry expect increases in occupancy rates and room rates. Two international events slated for summer and new to Colorado Springs will bring tens of thousands of visitors and spectators to… Continue Reading 2011 Forecast: Occupancy firming, room rates to rise

Continue reading …

Colorado received a $13.7 million award from the Centers for Medicare and Medicaid Services for making changes in its enrollment policies. The changes led to big increases in the past fiscal year in the number of children enrolled in the public health insurance program. Colorado’s Medicaid program saw a 14 percent increase during the fiscal… Continue Reading Colo. Medicare gets $14M federal award for initiative

Continue reading …

The last two years have been tumultuous for the U.S. space industry, but things are expected to calm down a bit in 2011 — even as Congress cuts programs and budgets. Some very large companies are preparing for more austere times by offering early retirement to senior staff members, said Brenden Curry, vice president of… Continue Reading 2011 Forecast: A brighter outlook for space economy in Colo. Springs

Continue reading …