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Builder returning to Vistas at Nor’wood condo project

Century Communities is re-launching a condominium community it put on hold when the real estate market collapsed in 2008. The Greenwood Village-based builder has pulled building permits for a 22-unit condo building at the Vistas at Nor’Wood, which was master-planned to include a 110-unit condominium complex. The builder finished its first 22-unit building near the… Continue Reading Builder returning to Vistas at Nor’wood condo project

‘Broken condos’ new investment niche

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Multifamily properties moving from owner-occupied to rentals It’s a new, if somewhat stigmatized, real estate investment category: “broken condos.” Three or four years ago, during the height of the residential real estate boom, some buyers, drawn by the promise of a carefree lifestyle, gravitated to condominiums. Developers around the country stood ready to answer demand,… Continue Reading ‘Broken condos’ new investment niche

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