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Posts Tagged ‘LandCo’

Local retail developer, broker joins NAI Highland (access required)

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 Southwestern Commercial [...] [...]

More indictments could be possible (access required)

by John Hazlehurst Published: November 25,2009

Tags: indictment, James Brodie, LandCo, Ray Marshall

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." [...]

Marshall, Brodie indicted on 33 counts (access required)

by Rob Larimer Published: November 25,2009

Tags: LandCo, USOC

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 U.S. Olympic Committee [...] [...]

USOC deal financing might not be as good as touted (access required)

by John Hazlehurst Published: October 15,2009

Tags: City of Colorado Springs, COPs, LandCo, USOC

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 debt service [...] [...]

City pays, USOC stays (access required)

by John Hazlehurst Published: July 31,2009

Tags: headquarters, LandCo, USOC

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. [...]

LandCo, city reach resolution of lawsuit (access required)

by John Hazlehurst Published: July 27,2009

Tags: LandCo, lawsuit, USOC

Early this afternoon, City Councilman Bernie Herpin confirmed that Colorado Springs and LandCo have resolved their lawsuit. [...]

USOC, or US no see? (access required)

by John Hazlehurst Published: July 13,2009

Tags: City Council, LandCo, USOC

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 to determine [...] [...]

Vice mayor: council never told about Rivera, Marshall link (access required)

by John Hazlehurst Published: June 12,2009

Tags: LandCo, USOC

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 Marshall’s [...] [...]

Lawyer confirms relationship between Rivera, Marshall  (access required)

by John Hazlehurst Published: June 12,2009

Tags: LandCo, USOC

In an unanticipated development during Friday morning’s Independent Ethics Commission hearing, John Cook, a lawyer who has represented LandCo’s Ray Marshall in multiple lawsuits filed by Colorado Springs investor Jack W. Mason, confirmed that Mayor Lionel Rivera had been Marshall’s financial adviser at UBS from 2005 to early 2008. Cook came forward after attorney Lindsay Fischer, [...] [...]

New USOC deal nearing completion? (access required)

by admin Published: June 11,2009

Tags: LandCo, USOC

By Becky Hurley and John Hazlehurst   The U.S. Olympic Committee and the city are near agreement on a renegotiated deal that would ensure the USOC’s continuing presence in Colorado Springs. A high-ranking USOC official, who requested anonymity, characterized yesterday’s announcement that LandCo Equity Partners had dropped its lawsuit against USOC as “a positive step for future progress.” On [...] [...]

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