Mountain Real Estate Capital closed on an investment with Classic Homes of Colorado Springs to develop Promontory Pointe, a 267-lot community located in Monument, Colo. Promontory Pointe was originally developed as a John Laing Homes community and had been tied up in bankruptcy since 2009, according to a release from Mountain Real Estate. Classic Homes [...]
Continue reading...Thursday, August 4, 2011
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What was going to be a high-end development of custom-built homes in the Rockrimmon area sold back to the lender at foreclosure auction Wednesday. Pueblo Bank and Trust Company won 48 vacant lots with its initial bit of $4.34 million and declared a loss of more than $3.33 million, according to El Paso County Trustee’s [...]
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Monday, October 10, 2011
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