On March 13, the Colorado Real Estate Journal hosted its annual Multifamily Owners and Managers Conference and Expo. The Conference assessed the present and future of Colorado’s multifamily housing market with an emphasis on the Denver metro area. Speakers included economists, consultants, property managers, lenders, investors, and developers. They canvassed topics ranging from the
Governor Appoints New Public Trustees
To update our previous post, Governor Hickenlooper has reinstated five of the ten public trustees who resigned or retired last month after reports by The Denver Post revealed apparent abuses of public funds by certain trustees. The five reappointed trustees include those in El Paso, Jefferson, Larimer, Weld and Douglas Counties. In addition, the
Colorado Foreclosure Initiative Abandoned; Proponents to Push for Legislative Change Instead
As we noted in a previous post, critics of Colorado’s foreclosure process have been pursuing various avenues to reform parts of that process. They have been particularly focused on the “qualified holder” provision of Colorado statutes, which allows the foreclosing lender to state that it is the owner of the deed of trust being
Signs Suggest New Wave of Foreclosures
While The Denver Post recently reported that completed foreclosure sales were at a five-year low in May of this year, and an informal survey by this office of various metro and mountain county public trustees confirmed that, based on filings for the first half of 2012, foreclosures are expected to be generally lower this year
Investing in Condo Units? Time to Look at FHA Approval Issues
Developers often secure FHA approval for their condominium projects, enabling buyers to obtain FHA loans. Whether or not those approvals remain in place is left to the owners’ association for the project. As investors continue to snap-up condominium units one at a time or in bulk, it is important to review the status of the