Home » Archives by category » Real Estate (Page 5)

Paid-off home loans decline over last quarter

Comments Off
Paid-off home loans decline over last quarter

The number of home loans paid off in Colorado was down 28.2 percent from the fourth quarter of 2012 to the fourth quarter of 2013, but comparing the full year of 2013 to 2012, the total was up 13 percent. According to a report released Wednesday by the Colorado Division of Housing, public trustees in Colorado… Continue Reading Paid-off home loans decline over last quarter

Continue reading …
City, others could reshape Banning Lewis

Nearly nine decades ago, the Banning Lewis Ranch was created in the late 1920s, when heiress Ruth Banning and her husband Raymond “Pink” Lewis assembled more than 30,000 acres of land east of Colorado Springs. Ruth Banning raised prize Herefords on the property, and she was an exceptionally careful steward of the land. In 1948,… Continue Reading City, others could reshape Banning Lewis

Continue reading …
NavPoint sells building on Dublin Blvd. for $1.27M

NavPoint Real Estate Group has sold the building at 2805 Dublin Boulevard in Colorado Springs. The property was sold at a 7 percent capitalization rate in mid-January to Balbach Street Properties LLC for more than $1.27 million. That amounts to $144.20 per square foot of the 8,824-square-foot building. It was on the market 30 days.… Continue Reading NavPoint sells building on Dublin Blvd. for $1.27M

Continue reading …

Griffis to manage apartment complexes in Arvada

Comments Off
Griffis to manage apartment complexes in Arvada

Griffis/Blessing Inc. will handle property management for The Flats at Sky Village and The Reserve at Oak Park, both located in Arvada and owned by Ruffner Properties LLC. The Flats at Sky Village is the larger of the two properties with 105 one- and two-bedroom apartment homes, whereas The Reserve at Oak Park has 42… Continue Reading Griffis to manage apartment complexes in Arvada

Continue reading …

Griffis/Blessing lands Academy Gateway deal

Comments Off
Griffis/Blessing lands Academy Gateway deal

A Colorado Springs-based property management group will manage the Academy Gateway Retail Center near the intersection of North Academy Boulevard and Woodmen Road. Griffis/Blessing Inc. announced in a news release Thursday that the company will now manage the 28,285-square-foot shopping center at 7140-7190 North Academy Blvd. The leasing broker marketing the vacancy at Gateway center… Continue Reading Griffis/Blessing lands Academy Gateway deal

Continue reading …

Greccio, Family Life Services reach partnership

Comments Off
Greccio, Family Life Services reach partnership

Greccio Housing and Family Life Services announced their partnership this week to bring additional housing to Colorado Springs. Family Life Services and its outreach ministry, Women of Courage, work to teach single mothers and their children life skills. Since 1990, Greccio Housing has specialized in developing and managing affordable multi-family apartments in Colorado Springs. Together,… Continue Reading Greccio, Family Life Services reach partnership

Continue reading …
New business model for real estate arrives in Springs

Grant Wise and his partners are bringing a different way of selling real estate to Colorado Springs. Wise Custom Realty is actively seeking Realtors in this area by offering a new business model that, Wise said, will result in more money in Realtors’ pockets. The end result for the consumer is no different than from… Continue Reading New business model for real estate arrives in Springs

Continue reading …
Realtors reach agreement with U.S. Department of Justice

Jana DeWitt and Kenneth Westfall, licensed real estate agents operating in Colorado Springs, paid the United States $93,500 in civil penalties to settle allegations that they engaged in deceptive conduct, violating the Financial Institutions Reform Recovery and Enforcement Act. According to the U.S. Department of Justice, DeWitt engaged in fraud in at least 17 bank-owned properties,… Continue Reading Realtors reach agreement with U.S. Department of Justice

Continue reading …

Year in review: Real estate

Comments Off

August 27 Flying off the shelves If someone put a home on the market in Colorado Springs, chances are good it sold within two months. As of the end of June, single-family homes spent an average of 62 days on the market, the lowest number since June 2006, when the Pikes Peak Association of Realtors… Continue Reading Year in review: Real estate

Continue reading …

Year in review: Commercial real estate

Comments Off
Year in review: Commercial real estate

Commercial real estate The past year has brought optimism. Vacancy rates are down across the board, supply and demand are beginning to turn the economic tide and the year has been marked by several newsworthy transactions. These pieces highlight some trends and shine light on the underpinnings of a few of Colorado Springs’ most lucrative… Continue Reading Year in review: Commercial real estate

Continue reading …