SBA exporter loans surge

More companies are using the Small Business Administration’s  International Trade Loan program. The SBA’s recently revamped program has surged 106 percent in guaranteed loans and 207 percent in dollar volume. The loan allows small manufacturers to expand their facilities or buy equipment to manufacture products sold internationally. Small companies can take advantage of the loans whether […]
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Fewer uninsured, but Medicaid rolls grow

Fewer people were uninsured in 2009, according to information from the U.S. Census Bureau. But a close look at the numbers shows that's because more...

Griffis/Blessing buys Ridgepointe for $30.3 million

A Colorado Springs-based real estate investment group recently purchased Ridgepointe at Gleneagle Apartments for $30.3 million. Griffis/Blessing Inc. finalized the purchase of the 240-unit property Dec. 3 with $22.5 million in financing from Freddie Mac and the remaining $8 million in investor equity, according to Chief Investment Officer Gary Winegar. The property is located in […]
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Townhome complex sells for more than $12.8M

Carefree Village Townhomes
Correction: A previous version of this article cited a Cushman & Wakefield news release which stated the Carefree Village Townhomes sale brought in the...

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Interim insurance commissioner named

John J. Postolowski has been named the state's interim insurance commissioner, taking over for Marcy Morrison whose term ends Dec. 1. Postowlowski is current deputy...

Penrose sells community hospital to Peak Vista

Penrose-St. Francis Health Services will sell the former Penrose Community Hospital at 3205 N. Academy Blvd. to Peak Vista Community Health Centers. Peak Vista received a $1.5 million discount on the fair market value of the building, as part of a capital donation from Penrose. “The addition of this new property allows us a wonderful […]
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Business Alliance fills three key positions

The Colorado Springs Regional Business Alliance has added three people to its staff of 16. Andrew Merritt is the Alliance’s new chief defense industry officer. He replaces Brian Binn, who was vice president of military affairs at the Greater Colorado Springs Chamber of Commerce and now works at the Air Force Academy. John Wilson will […]
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Health centers identify workforce challenges as barrier to growth

A report has found that 95 percent of community health centers in the state are experiencing at least one clinical vacancy, according to the Colorado Community...

Homebuilder sentiment index unchanged in January

U.S. homebuilders remain discouraged over the prospects for improved home sales in the months ahead, unconvinced as yet that the economy will spur the...

Police department provides advice, extra security for Springs theaters

Theaters in Colorado Springs are working with the police department to provide extra security in the wake of the shooting in Aurora that have...

IRS offers tips on alternative minimum tax

The Internal Revenue Service has made changes to the alternative minimum tax for 2009. Here are seven facts the IRS wants you to know about AMT...