Development, Financing and Other Property News from Colorado's Leading Real Estate Law Firm
The two most common types of lease expansion options are rights of first refusal and rights of first offer. When negotiating these expansion rights, landlords and tenants should understand the factors involved.
What’s the Difference? A right of first refusal provides that when the landlord receives an acceptable offer from a third party for certain…
As Jamie C. Belgum reported in the Colorado Bar Association’s Business Law Newsletter, the Colorado Court of Appeals recently decided a case that gives broad interpretation to the Colorado Trust Fund Statute, C.R.S. § 38-22-127.
The Trust Fund Statute requires contractors to hold funds they receive for a project in trust for the…
Last month the Town of Berthoud, Colorado approved a mixed use development known as PrairieStar. The development is anticipated to contain residential housing, a school, a research and development facility, an equestrian center, retail and business components, and, most notably, a 25 acre solar farm. Developers of the project, Scott Sarbaugh and partner Richard…
For landlords, a late or missed rent payment might be the first sign that one of its tenants’ businesses is struggling or even failing. In this economy, a landlord facing this kind of situation should keep certain things in mind in order to minimize potential lost revenue and expense.
Quick action is critical in …
Late last week, there were two news stories reporting on important developments for real estate in the Denver area. Given the continued state of the economy and commercial real estate, I was pleased to see these reports. While actual development resulting from these events may be some time off, important ground work is being laid…