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California investment firm buys apartments near downtown

A California real estate investment company has purchased the largest apartment complex in downtown Colorado Springs. The 200-unit Palmer Park Apartments at 1304 San Miguel St. was built in 1949. California investment company LocalConstruct bought the property for an undisclosed amount, according to a release from Apartment Realty Advisors, which brokered the deal for the… Continue Reading California investment firm buys apartments near downtown

Venoco to build pipeline in California

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Venoco Inc. said Monday that a subsidiary has received final approval to build a pipeline in California. The Denver energy company said the pipeline will reduce transportation costs from the South Ellwood field and reach more refineries. That will allow the company to realize $5 to $7 more per barrel of oil it produces. Venoco… Continue Reading Venoco to build pipeline in California

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