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New buzz and energy in the commercial real estate market has some local brokers cautiously optimistic that this is the beginning of better times, but others in the industry remain skeptical. “There’s definitely activity,” said R.D. Trinidad, president and managing broker at Hoff and Leigh. “We’re having more positive inbound calls than we’ve had in […]
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It may be extreme makeover time for many of the region’s long-established retail centers. Older strip and larger malls that fall into disrepair are struggling to compete against the sparkling new centers that popped up in growing parts of town before the recession. In a report on first-quarter activity in the retail sector, Sierra Commercial […]
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In a shocking turn of events for local housing advocates, a bill that had the potential to ease the state’s foreclosure crisis was killed in committee last week. That will leave housing counseling agencies scrambling for resources and could have a broad effect on operations designed to keep people in their homes. “We don’t have […]
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There was a lot of energy behind trying to create a downtown renaissance in 2012 — and advocates say to expect that energy to continue building in 2013. “The single biggest thing is going to be hiring a new CEO for the Downtown Partnership,” said Hannah Parsons, interim executive director. “Whoever it is will make […]
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All that matters at All that Glitters is design – creating one-of-a-kind jewelry pieces that reflect nature’s casting of the gems. To further enhance artistic possibilities at the 25-year-old Old Colorado Avenue jewelry store, owner Crettee Nemmer purchased the latest high-tech equipment for designing, restoring and repairing jewelry. To Nemmer and her staff of award-winning […]
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Incentives for Small Business Administration loans have been extended until March 28. The Temporary Extension Act of 2010 provides funds to eliminate or reduce fees on SBA 503 loans and temporarily restores the 90 percent guarantee on SBA 7(a) loans. Signed by President Obama, the extension authorizes higher guarantee levels. The fee relief is available […]
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Stressed borrowers ought to be given the opportunity to pursue loan modification remedies before the lender forecloses on their home. That is the heart of Colorado Senate Bill 71, proposed by Sen. Angela Giron, D-Pueblo. Under her legislation, lenders would need to work with a borrower “to effectuate a cure for default rather than move […]
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Survey results released in September by Manpower Inc. revealed prospects for a weak job market in Colorado Springs. Manpower, a company specializing in employment services such as recruitment and training, surveyed employers in number of industries in Colorado Springs. Of the companies interviewed, 23 percent plan to hire more employees during the fourth quarter. Twenty […]
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Thanks to their approval of the strong-mayor form of government in the November election, city residents will get what they voted for in 2011: change. Voters will select a new mayor and a seven of nine council members. The new mayor will have powers that his or her predecessors could only dream of, including preparing […]
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Foreclosure filings in Colorado’s largest counties increased 6.5 percent last month compared to February of last year, according to a report this week from the Department of Local Affairs’ Division of Housing. However, the counties with the largest decrease in filings during the period were El Paso and Larimer counties. Foreclosure sales at auction rose […]
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The wilderness of the Rockies and the sands of Maui beckon. Things like sleeping in and spending time with loved ones are probably long overdue. Everyone deserves some time off. From coaches and caregivers to CEOs and investment bankers, the employed in the United States could use a break every now and then. Americans work […]
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America’s health-care system is broken — and physicians are in a unique position to help repair it. That’s the mission behind an 18-month-old nonprofit, the Society of Physician Entrepreneurs, which wants to turn doctors into innovators. The nonprofit went from 50 people in a meeting room at the University of Colorado in Denver to more […]
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