Home » Posts tagged with » LandCo

Jury acquits Marshall

A jury found developer Ray Marshall not guilty on 17 counts of securities fraud, theft and conspiracy Monday afternoon. Continue Reading Jury acquits Marshall

The man behind the Mining Exchange, a downtown Wyndham Grand Hotel due to open this spring, stands to lose more than $200,000 he invested in a LandCo development-related project on South Union Boulevard unless he rescues it from foreclosure. First Citizens Bank and Trust filed a notice of election and demand against The Ridge at… Continue Reading Mining Exchange developer could rescue LandCo project

Continue reading …

John Egan, president and founder of Southwestern Commercial Properties LLC, has merged his operation with NAI Highland Commercial Group. The longtime local retail developer and broker brings 16 years of retail development and management market experience to Highland. His background also includes 10 years with the national retail arm of Trammell Crow Co. He founded… Continue Reading Local retail developer, broker joins NAI Highland

Continue reading …

The 33-count indictments against Ray Marshall and Jim Brodie might just be the tip of the legal iceberg.

There might be other indictments to come. Amended Count 1, as filed against Marshall, contains the following paragraph.

“The enterprises alleged in this count are all associated with LandCo (Marshall indictment). The enterprises included but were not limited to, Raymond Marshall and James Brodie and other persons known or unknown, who were associated from time to time in racketeering activity that was related to the conduct of the enterprise.”

Continue Reading More indictments could be possible

Continue reading …

Marshall, Brodie indicted on 33 counts

Comments Off

A grand jury has indicted LandCo Equity Partners Chairman Ray Marshall and President Jim Brodie on 33 counts. The indictment accuses the developers of violations of the Colorado Organized Crime Act, securities fraud and theft, all felonies. The indictment is the result of a six-month investigation into the company’s business dealings. LandCo was the developer of the… Continue Reading Marshall, Brodie indicted on 33 counts

Continue reading …

The city is touting its success in selling $32.48 million in certificates of participation that will fund the U.S. Olympic Committee deal, which it claims is a price considerably below original estimates. But as with any complex financial deal, the devil is in the details — and the deal might not be as sweet as the city is spinning. “The… Continue Reading USOC deal financing might not be as good as touted

Continue reading …

As City Councilman Bernie Herpin predicted several weeks ago, the new U.S. Olympic Committee deal is very much like the old USOC deal, except that the city is now the only paymaster.

The cost of the deal: more than $50 million. Continue Reading City pays, USOC stays

Continue reading …

Early this afternoon, City Councilman Bernie Herpin confirmed that Colorado Springs and LandCo have resolved their lawsuit.
Continue Reading LandCo, city reach resolution of lawsuit

Continue reading …

USOC, or US no see?

Comments Off

Will there be, as rumored, a presentation about the newly minted U.S. Olympic Committee deal at today’s informal City Council meeting? The answer is yes, no or maybe.  Here’s what the agenda says. “In accord with the City Charter Art. III, §3-60(d) and its incorporated Colorado Open Meetings Act, §24-6-402(4)(a,b,e), C.R.S., the City Council, in Open Session, is… Continue Reading USOC, or US no see?

Continue reading …

Mayor Lionel Rivera apparently never told his fellow City Council members that he had a fiduciary relationship with LandCo Equity Partners CEO Ray Marshall. The relationship was revealed this morning during a hearing conducted by the city’s Independent Ethics Commission. John Cook, an attorney who has represented Marshall, told the commission that Rivera had been… Continue Reading Vice mayor: council never told about Rivera, Marshall link

Continue reading …
Page 1 of 3123