Development, Financing and Other Property News from Colorado's Leading Real Estate Law Firm
Medical marijuana businesses, including grow operations and dispensaries, can now be found in many communities throughout Colorado. The establishment and proliferation of such businesses has presented a number of issues for their neighbors.
One issue: marijuana stinks. It has a very strong odor, even before it is smoked.
Odor emanating from medical marijuana businesses has…
Anton Troianovski had an interesting article in the Wall Street Journal on how downtown office markets are currently improving faster than suburban office markets. In part, Troianovski observes, this may be based on the types of businesses that tend to be in the two markets (mortgage companies and home builders in suburban markets, while downtowns tend…
Many lenders are taking back half-built projects that are subject to the Colorado Common Interest Ownership Act (“CCIOA”). CCIOA governs planned communities, condominiums and cooperatives in Colorado and contains many detailed provisions regarding the ongoing right of a developer (or a “Declarant”) to develop the community and control the board of directors. These rights are…
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…
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 …