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Archive for the ‘Real Estate’ Category

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

by Amanda Miller Published: March 19,2012

Tags: Colorado Springs, Foreclosures, Public Trustee, Real Estate

Following are the most expensive foreclosures over $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, March 7. They are listed in order of bid amount. [...]

Colorado to receive $51m in bank settlement

by Amy Gillentine Published: March 16,2012

Tags: Attorney General, banks, Colorado, Foreclosure, Money

Colorado will use the $51.17 million it received under the recent multi-state settlement with the country’s five largest banks to pay for homeowner relief and foreclosure-prevention efforts throughout the state. “These funds will help keep Coloradans in their homes and prevent future foreclosures,” Attorney General John Suthers said in a statement. “In cooperation with the [...] [...]

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

by Staff Writer Published: March 12,2012

Tags: Colorado, Colorado Springs, El Paso County, Foreclosures

Following are the most expensive foreclosures over $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, Feb. 29. They are listed in order of bid amount. [...]

Seagate purchases third complex in 10 months

by Amy Gillentine Published: March 8,2012

Tags: apartments, Colorado Springs, Real Estate, Seagate Properties

Seagate Properties just purchased its third apartment complex in the past 10 months in Colorado Springs. The California-based investment company bought Sunset Creek Apartments, a 310-unit apartment complex, located at 5400 N. Nevada Ave. The purchase price was $20.5 million. “Sunset Creek was an off-market opportunity to acquire a well-located, low-density community with great potential,” [...] [...]

Condominiums losing value over FHA status (access required)

by Amanda Miller Published: March 8,2012

Tags: condominium, FHA, homeowners association

Condominium associations that have discovered their Federal Housing Authority certifications are expired have scrambled to restore home values by re-applying for the status. [...]

Construction spending up 17 percent

by Amanda Miller Published: March 6,2012

Tags: Associated general contractors, construction spending

Private commercial construction spending was up 17 percent nationally year-over-year in January, according to a report from the Associated General Contractors of America. Construction spending in January totaled $827 billion. While year-over-year construction spending was up across all sectors, spending slipped slightly in most construction categories in January, according to the report. Despite those declines, [...] [...]

Copper Ridge betting on Bass to bait other business (access required)

by Amanda Miller Published: March 2,2012

Tags: Bass pro Shops, Copper Ridge, development

The planned 2.4-million-square foot Copper Ridge retail center sprung back to life last week when Gary Erickson’s Northgate Properties announced that it had lured one of retail’s biggest fish — Bass Pro Shops. [...]

Downtown kicking around ideas for Alley Arts District (access required)

by Amanda Miller Published: March 2,2012

Tags: alley arts district, development, Downtown

Alleys around the world have bad reputations to live down. And those in Colorado Springs are no exception. The Downtown Partnership aims to transform Colorado Springs’ alleys, two of them to start, from smelly, dirty places where the homeless sleep and garbage stacks up to comfortable pathways from parking to downtown filled with art and [...] [...]

Fannie asks gov’t for almost $4.6B after 4Q loss

by Associated Press Published: February 29,2012

Tags: Fannie Mae, losses, Real Estate

Mortgage giant Fannie Mae said Wednesday that it lost money in its fourth quarter and is asking the federal government for $4.57 billion in aid to cover its deficit. Washington-based Fannie said it lost $2.41 billion in the October-December quarter, stung by declining home prices. Revenue was $4.53 billion. The government rescued Fannie and sibling [...] [...]

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

by Amanda Miller Published: February 27,2012

Tags: Colorado Springs, El Paso County, Foreclosures, most expensive

Following are the most expensive foreclosures over $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, Feb. 15. [...]

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