DENVER-The American Society of Association Executives will meet here next August, a visit that not only will draw 5,000 attendees, but likely result in increased spending here over the next five years.
DENVER-The sixth-largest owner of US movie theaters sees increased revenues, and profits rather than huge losses, despite operating fewer screens. It was in Chapter 11 bankruptcy earlier this year.
CASTLE ROCK, CO-Denver Brick Co., the second-largest and second-oldest brick company in Colorado produces about 50 million brick a year for houses as well as commercial properties. Berkshire Hathaway owns Acme.
LITTLETON, CO-The 300,000-sf Aspen Grove Lifestyle Center at Highway 85 and Mineral Avenue opens Thursday with Poag & McEwen Lifestyle Centers and Developers Diversified Realty Corp. giving away $100,000 prizes and trips to Bora Bora.
LITTLETON, CO-Columbine Plaza Shopping Center LLC pays more than twice the assessed value of the 33,990-sf center to Columbine Plaza Associates, which bought the property for $250,000 in 1977.
AURORA, CO-Majestic Realty Co. has now leased 75% of the 200,000-sf property scheduled for completion in November with the deal with the Scottsdale, AZ-based company, which sought a Western US distribution center.
GREENWOOD VILLAGE, CO-The nation's largest owner/operator of manufactured home communities trades interest rate for loan term, extending the bulk of its debt to 2021 at an 8.3% interest rate, 86 basis points higher.
DENVER-A House bill would make "flagpole annexations" more expensive for sales tax revenue hungry municipalities by allowing neighboring property owners to request annexation as well.
DENVER-The chairman, CEO and founder of Apartment Investment and Management Co. says the economy will pull out of the current downturn next spring or next summer, and won't be as severe as the 1980s versions.
DENVER-Edward E. Mace, formerly president and CEO of Fairmont Hotels, has been tapped to lead Rockresort International, which owns or manages 11 luxury resort hotels. The company headquarters shifts here from Scottsdale, AZ.