According to experts in the field of property management, the times they have been a-changin’. No longer is the field dominated by single building owners, responsible for all maintenance, rent collection and leasing. Today’s property managers are often responsible for multiple properties and thousands of units — perhaps part of a Real Estate Investment Trust [...]
Continue reading …Quality land development and quality of life go hand in hand – or so says Scott Smith, chief operating officer and manager of La Plata Investments, developer of 9,600 acres in the Briargate community for six of the last 22 years. Briargate today represents the culmination of vision, land studies, planning, building, economic boom and [...]
Continue reading …The Dow has dropped hundreds of points in recent weeks and local home construction is hurting, but Colorado Springs economist Fred Crowley says the residential building slowdown is nearing an end and a slow recovery will ensue. Crowley, an economist with the Southern Colorado Economic Forum at the University of Colorado at Colorado Springs, told [...]
Continue reading …FYI: Large Ranches Read an interesting article in the May issue of Colorado BIZ on the remaining large tracts of land in Colorado — and who owns what. The Greenland Ranch has become a permanent development buffer between Colorado Springs and Denver – particularly on the west side of I-25. The 21,000-acre parcel (straddling both [...]
Continue reading …Last week I joined a group of fifteen realtors on the “Sales Group Tour,” a monthly shuttled event, organized by Steve Wrestler of Prestige Properties. The program is an informal one – cost is just $50 per year to get on the list. What a great, low-key way to get educated about the Pikes Peak [...]
Continue reading …Think luxury homes – perhaps a $4.4 million mountainside estate in the Broadmoor Resort Community or a Colorado-style custom log-accent home in Wilderness Park. Or imagine massive architectural stone accents, wine cellar designed for a game of cards or casual entertaining, vistas from a terrace rimmed with concrete balustrades, or Old World script scrolled across [...]
Continue reading …If you haven’t had a chance to see the tremendous Broadmoor Main renovation yet, you’ll want to find a reason to stop by or to set up a meeting there. The former Terrace Lounge on the mezzanine level is fantastic – the “$100 million bar” boasts a gorgeous white oak paneling and woodwork and stained [...]
Continue reading …Spring has sprung…and so has the brokerage community. The healthy list of transactions reported here is testimony to both the strength of the local commercial real estate market and the stabilizing affect small businesses have on our economy. According to local Chamber of Commerce statistics, 80 percent of businesses in Colorado Springs qualify as small [...]
Continue reading …Wow! There’s a lot going on out there – some of the latest real estate-related announcements originating from downtown all the way to Peterson Air Force Base. Hold on to your hats, folks, it’s going to be an interesting five years ahead…Lux says Southside Johnny’s opening at 528 S. Tejon The Colorado Springs Business Journal [...]
Continue reading …Heard the groundhog saw his shadow, but Colorado Springs’ commercial realtors don’t seem to be worried. In fact, things are heating up – especially where land sales are concerned. Good parcels, especially in the southeast part of town continue to sell – and prices are impressive.Coldwell Banker expands; announces industrial project Coldwell Banker’s managing broker, [...]
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