Despite the failure of Senate Bill 177 last week, there is positive news for condo developers.
Continue Reading Construction Defects Fight Isn’t Over: Colorado Court of Appeals Weighs In
Otten Johnson
Real Estate Crowdfunding Making its Way to Colorado
By Otten Johnson on
Until recently, crowdfunding was thought to apply only to startup tech companies seeking alternative financing sources to launch their business or develop a product. Crowdfunding was not something used to fund real estate development projects. That all changed with a company called Fundrise, that uses crowdfunding to source equity investments for real estate development. By…
Colorado Legislature Considering Construction Defect Litigation Reform
By Otten Johnson on
Senator Ulibarri’s Homeownership Opportunity Act (SB 14-220) was finally introduced Wednesday evening. This much anticipated bill represents a moderate compromise with bipartisan support to address construction defect litigation in condominium projects. As has been widely reported in the media, there are very few condominiums being constructed in Colorado, an issue that has the…
Location, Location, Location – Are the three rules of real estate now cliché?
By Otten Johnson on
The origins of the “three rules” of real estate call into question whether location should be viewed as the most important characteristic when evaluating real estate. At the 17th Annual CU Real Estate Forum, Gunnar Branson highlighted William Safire’s research on the origins of the phrase “location, location, location.” According to Safire’s research,…
Bill Introduced to Allow Third Party Parking Facilities at Transit Stops
By Otten Johnson on
Posted in Uncategorized
An interesting transit bill is pending in the Colorado legislature that could have a significant impact on transit oriented developments in the Denver area. Senate Bill 13-027 provides that a public or private entity may lease, own or operate a public parking lot or structure at or near a mass transit station, and that any…