On Monday night (November 23, 2015), Denver City Council voted to approve the construction defect ordinance proposed by Mayor Hancock.
Continue Reading Denver Passes Condominium Construction Defect Ordinance
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Mayor Hancock’s Construction Defect Ordinance Passes Important Hurdle
On November 16, 2015, the Denver City Council unanimously approved the first reading of Mayor Hancock’s construction defect ordinance that we wrote about last month.
Continue Reading Mayor Hancock’s Construction Defect Ordinance Passes Important Hurdle
Construction Defects Fight Isn’t Over: Colorado Court of Appeals Weighs In
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
Update – Construction Defect and Affordable Housing Legislation in Colorado
Both sides of the political aisle have expressed interest in legislation to promote affordable housing and to correct what many believe is a problem with Colorado’s construction defects law that is preventing construction of condominiums in the Denver metro area. One option currently under consideration is Senate Bill 15-177.
As reported here by The Colorado…
Millennials and the Rent/Buy Decision: Are Construction Defect Laws a Factor?
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…