It’s Wednesday morning and the El Paso County Public trustee’s office is jam-packed with would-be investors looking for a deal at the weekly foreclosure auction. [...]
No one bid against construction contractor Flintco for the stalled John Q. Hammons Renaissance Hotel at today’s Sheriff’s auction of the property. Flintco won a foreclosure judgment against the hotelier Hammons in June for $29 million plus interest, minus payments made by Hammons. The company bought the hotel on far-north end of town at Interquest [...] [...]
he Colorado State Land Board’s latest oil and gas lease auction has set a state record for per-acre bid prices. Results posted online for the State Land Board’s auction Aug. 18 show Contex Energy Co. bid $5,850 per acre for a 320-acre parcel in Weld County, which amounts to $1.87 million for the tract. That [...] [...]
The X-Ray Certification Unit of the Colorado Department of Public Health and Environment has order Heart Check America to pay nearly $3.2 million for alleged violations of the Colorado Rules and Regulations Pertaining to Radiation Control. The company closed its Denver office in May after state inspectors confirmed it was conducting computed tomography scans on [...] [...]
Powderhorn Ski Resort is going on the auction block. Bidding will begin Thursday at the resort’s Day Lodge. Acashier’s check for $10,000 will be required to bid. Powderhorn CEO and President Steve Bailey and Dean Skalla bought the resort in 1999. Resort spokeswoman Sarah Allen says the ski area isn’t in distress, but Bailey and [...] [...]
The Cheyenne Canon Inn, located near the entrance to North Cheyenne Canon Park and the Pike National Forest, is part of portfolio of nonperforming loans being auctioned online by New York-based Carlton Exchange, after its owners failed to keep up mortgage payments. Co-owners Kevin Cook and Claudia Tutt have owned the historic bed and breakfast since [...] [...]
The 3,756-square-foot former Michelle’s building at 122 N. Tejon St. will be offered for auction Oct. 8. The sellers hope to fetch somewhere between the market average of $80 and a high of $200 per square foot. The auction will be the first of its kind in downtown Colorado Springs’ recent history. Schur Success Realty [...] [...]