Reports promising for commercial, apartments
Despite seemingly optimistic projections of the Colorado Springs commercial real estate market, a recent first-quarter report indicates net absorption is down in all of the city’s office submarkets....
View ArticleLocal commercial market continues slow ascent
A Colorado Springs-based real estate firm’s quarterly report indicates that the local commercial market continues to lag behind many others in its climb to pre-recession health. Quantum Commercial...
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Maxwell helps Hospice patients ‘not think about their disease’
It’s a large task to coordinate El Paso County’s terminally ill residents with the volunteers who help many of them through their final days — but Nicole Maxwell has made it her career. As volunteer...
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Mayor recognizes local Realtor for contributions
Harry Salzman Longtime Colorado Springs real estate agent Harry Salzman has been recognized by Mayor Steve Bach for his leadership and improving economic vitality in the region, according to a city...
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Survey ranks Springs 60th best city for renters
Apartment List, a San Francisco-based online rental marketplace, published a report Tuesday listing Colorado Springs as No. 60 in the top 100 “Best Cities for Renters.” The U.S. Renter Confidence...
View ArticleDavid Jenkins: Man with the downtown plan
Last Saturday at King Soopers, I ran into an acquaintance. He’s about my age, a Colorado Springs native and a guy who has been deeply involved in our community for decades. His mom was a teacher at...
View ArticleLocal real estate changes hands
Commercial Realtors reported three deals this week: – Church on the Ranch recently purchased property at 3675-3685 Jeannine Drive for $1.44 million. The property is known as Center for Spiritual...
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Yellen to sell Black Forest event venue
After taking some big hits during the 2009 Great Recession, followed by the 2013 Black Forest fire, the owners of The Pinery at Black Forest plan to sell the wedding and events venue in northern...
View ArticleHome Price Index: Springs falls short of state’s July numbers
California-based property information company CoreLogic has released its July 2015 Home Price Index, which shows that home prices nationwide increased 6.9 percent over July 2014 and 1.7 percent over...
View ArticleWestern Hills apartments sold for $13.2 million
Evergreen Real Estate Services, a Chicago-based investment group, purchased Western Hills apartment complex at 810 Western Drive, for $13.2 million, according to a press release. FPA Multifamily from...
View ArticleVillages at Woodmen sells for $16.8M
FPA Multifamily sold Villages at Woodmen, a six-building, 183-apartment complex at 1629 E. Woodmen Road for nearly $16.8 million to Vukota Capital Management, a private investment firm. ARA, a Newmark...
View ArticleNorth Academy office sells for $3.2M
Cushman and Wakefield Colorado Springs Commercial brokers Weston Thomas and Aaron Horn brokered the sale of 5225 N. Academy for $3.2 million. The 44,000-square-foot office building last sold in 1999...
View ArticleGriffis/Blessing buys The Pines
Local property management firm Griffis/Blessing purchased The Pines at Broadmoor Bluffs apartments today. The community was built in 1987 and is comprised of 108 two- and three-bedroom apartments,...
View ArticleSeibert installed as HBA president
The Housing & Building Association of Colorado Springs installed Tim Seibert as its 63rd president last week, according to a press release from the organization. Seibert is president and owner of...
View ArticleCity infill action plan available for public comment
Drafts of the city’s infill action plan are available for public comment at the city’s website. The new chapter of the city’s comprehensive plan provides direction, priorities and emphasis for infill...
View ArticleSprings’ foreclosure rates jump slightly in October
Foreclosure rates in Colorado Springs decreased a tenth of a percent for the month of October over the same period last year, but jumped slightly (0.03 percent) compared to September, according to...
View ArticleSprings’ home prices rise 6.2 percent from 2014
Home prices rose year over year and month over month, according to the CoreLogic Home Price Index. CoreLogic is a property information, analytics and data-enabled services provider that compiles...
View ArticleHousing & Building riding big wave into 2016
If you made money building houses in Colorado Springs in 2015, chances are you had a pretty good year. Tim Seibert, president of the Housing & Building Association, said 2015 saw the most...
View ArticleReal estate: 2016 brings another banner year
The commercial real estate industry will continue its fast pace into 2016, according to Colorado Springs Realtors, who attribute the quicker pace of transactions to the local favorable political...
View ArticleGriffis/Blessing to manage retail center
Griffis/Blessing Inc. will manage the Briargate Centre shopping center at 1825 Briargate Blvd. in Colorado Springs. Owned by the Ellen Edwards Farewell Trust, the 11,860 square-foot retail center has...
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