Development, Financing and Other Property News from Colorado's Leading Real Estate Law Firm
The reform of Colorado’s construction-defect law took an important step when the Senate Business, Labor and Technology Committee passed Senate Bill 177 (“SB-177”) on a 6-2 vote.
Prior to voting on SB-177, the Committee heard nearly eight hours of testimony, most notably from Denver Mayor Michael Hancock, who testified in favor of SB-177. Many…
As we’ve written in the past, Millennials have played a significant role in the revival of Denver’s economy. As increasing rent payments threaten to exceed monthly mortgage payments, however, Denver’s popularity among Millennials may diminish. Although worsening affordability has not discouraged Millennials’ interest in living in Denver thus far, as Millennials age and…
The Denver real estate market has experienced steady growth in the last couple of years, but will it continue into the new year?
It appears so, according to an emerging trends report released by Urban Land Institute and PwC. The report ranked Denver in the top five real estate markets in the United States based…
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…
You may not know it, but, as the Denver Post detailed in a recent article, the “Silver Tsunami” has reached the United States, including Colorado. While the impact thus far has been gentle, when its full magnitude arrives, “[e]verything will be impacted,” including real estate.
The “Silver Tsunami” is the moniker demographic…