BEAVER CREEK, CO-The Ritz-Carlton Club allows buyers to "own" a luxury unit for 28 days annually for prices that start at $145,000. Ritz-Carlton and Vail Resorts Inc. are building a 54-unit club.
STEAMBOAT SPRINGS, CO-The owner of the ski resort here gets $16 million in cash and a guaranteed $14-million loan to avoid bankruptcy, and still hopes to sell its ski resort by the end of 2001.
DENVER-The Hotel and Restaurant Employees Union Local 14 wants to put the city's decision to fund $55 million of the cost of a proposed $220-million, 1,100-room Hyatt Regency Hotel on the ballot.
DENVER-A 10% overall area office vacancy rate--it currently stands at 16%--is at least two years away, brokers for the company say. Some submarkets could see a 10% vacancy in as few as six months, others as long as 30 months.
DENVER-One of the hottest concepts in dining is coming to Lone Tree, just south of the Park Meadows regional mall, as well as the Flatiron Marketplace near US 36 and 96th Ave. Darden Restaurants Inc. is committing to 19,000 sf.
DENVER-A 10% overall area office vacancy rate--it currently stands at 16%--is at least two years away, brokers for the company say. Some submarkets could see a 10% vacancy in as few as six months, others as long as 30 months.
DENVER-Commercial real estate brokers and lawyers who were against last year's Constitutional Amendment to control growth say they might vote for it if legislators don't compromise.
DENVER-Commercial real estate brokers and lawyers who were against last year's Constitutional Amendment to control growth say they might vote for it if legislators don't compromise.
DENVER-The $12 million spent by Toronto investor Abdul Lakhani to renovate the Red Lion Hotel is more than twice he paid for a struggling former Holiday Inn in 1999 after Stapleton International Airport closed.
DENVER-One of the nation's largest industrial real estate investment trusts will build a 196,000-sf distribution center in Shinkiba for DHL Japan Inc., which signs a 20-year lease for a hub for its operations.