COLORADO SPRINGS—NRC Realty & Capital Advisors has been retained by the US Bankruptcy Court of Colorado to auction Colorado Crossing, a 151-acre mixed use development here.
The property will be sold through a 363 sale, 'free and clear of all liens'.
Prior to the bankruptcy filing, the developer in bankruptcy filings has stated that over $50 million was invested in acquisition and construction costs. Colorado Crossing is being offered in two parcels; one with the partially completed commercial buildings and the second with the remaining unimproved 134-acres of vacant land.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
