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Archive for the ‘Real Estate’ Category

La Plata seeks to build 128 apartments near Cordera

by Amanda Miller Published: February 6,2012

Tags: apartments, Colorado Springs, Cordera

La Plata Communities is proposing an eight building, 128-unit apartment development on 12 acres adjacent to its upscale Cordera neighborhood, where home prices range from $300,000 to $800,000. La Plata sent an e-mail to Cordera residents inviting them to attend an information meeting last night from 6 to 8 p.m. at the Cordera Community Center, 11894 [...] [...]

Flying Horse endures, regains its building stride (access required)

by Amanda Miller Published: February 3,2012

Tags: Flying Horse, real estate development

On the far north end of Colorado Springs, where city roads give way to county grasslands, a luxury residential real estate development is growing, despite the financial drought of the last four years. [...]

El Paso County’s most expensive foreclosures (access required)

by Amanda Miller Published: January 30,2012

Tags: Coloraod Springs, El Paso County, Foreclosures, Real Estate

Following are the most expensive foreclosures greater than $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction ... [...]

Greccio to buy 2 foreclosed apartment buildings

by Amanda Miller Published: January 27,2012

Tags: affordable housing, apartments, Colorado Springs, greccio

Greccio Housing is preparing to close on two apartment buildings that will increase their inventory of affordable housing by more than 30 percent. Lee Patke, Greccio executive director, said he couldn’t discuss specifics about the buildings or the bank that owns them until the closings on Feb. 6 and March 6. But the two buildings, which are [...] [...]

El Paso County’s most expensive foreclosures (access required)

by Amanda Miller Published: January 24,2012

Tags: Colorado Springs, El Paso County, Foreclosure, Real Estate

Following are the most expensive foreclosures greater than $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, Jan. 11. [...]

Ivywild project closer to final approval

by Amy Gillentine Published: January 23,2012

Tags: City Council, Colorado Springs, Ivywild School

The Ivywild revitalization project will receive final approval at Tuesday’s formal Colorado Springs City Council meeting. The project, which involves buying and renovating the Ivywild Elementary School, will be developed using tax increment financing from both property taxes and sales taxes. State law allows TIF to be used to finance projects in “blighted” areas. Mike Bristol, owner of [...] [...]

$25B US mortgage deal goes to states

by Associated Press Published: January 23,2012

Tags: federal government, mortgage agreement, ovehaul, Real Estate, settlement, states

A draft settlement between the nation’s major banks and U.S. states over deceptive foreclosure practices has been sent to state officials for review. Those who lost their homes to foreclosure are unlikely to get their homes back or benefit much financially from the settlement, which could be as high as $25 billion. About 750,000 Americans could [...] [...]

Manitou event center shaping up

by Amanda Miller Published: January 23,2012

Tags: beer, brew pub, Colorado Springs, concert promoter, Craft Lager Festival, event center, Manitou Springs, music

Plans for a new event center in Manitou Springs are moving forward. Julian Heron, president of the Craft Lager Festival, said the big project he’s been working on during the last year is gaining momentum. He aims to build an event center on the western edge of Manitou Springs that will have indoor and outdoor amphitheater [...] [...]

Businesses failing fast on downtown’s Bijou block (access required)

by Amanda Miller Published: January 20,2012

Tags: bijou, Downtown, Small Business Enterprise

It’s lunchtime and the chime hanging over the door to the downtown restaurant Flow of Mexico at 16 E. Bijou St. is silent. It’s been silent almost every day since Jose Flores opened his restaurant two years ago in a portion of the downtown business district that has been particularly hard-hit by failure. “The location should be [...] [...]

Lawyer welcomes bill to clean up foreclosures (access required)

by Amanda Miller Published: January 20,2012

Tags: Foreclosures, Real Estate

A Denver lawmaker plans to sponsor a bill this year that aims to require lenders to prove they are the holders of evidence of debt before they foreclose. Rep. Beth McCann, D-Denver, is sponsoring the bill in hopes of making the foreclosure process cleaner and fairer for homeowners. Colorado Springs real estate attorney Stephen Brunette of the [...] [...]

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