It’s no secret that rental rates in Denver are sky-high, and the multi-family apartment industry is booming. According to one study, 7,749 multi-family residential units have come online in the downtown area alone since the start of 2010, and an additional 5,039 units are currently under construction.
Continue Reading Denver Apartment Rents Still Rising, but Move-In Incentives Soar
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Denver Passes Condominium Construction Defect Ordinance
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
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
Law Expands CCIOA Exemption for some Pre-CCIOA HOAs
By Alix W. LaSalle on
Colorado House Bill 15-1095, signed into law last week, relieves certain pre-1992 common interest ownership communities from some of the more burdensome requirements of the Colorado Common Interest Ownership Act (“CCIOA”).
Continue Reading Law Expands CCIOA Exemption for some Pre-CCIOA HOAs
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…