Snowmass Village, Colorado: Article by Jill Beathard, Aspen Times Related Cos. is shedding more of its Snowmass real estate, this time in the form of the Snowmass Center. The company sent a letter to its Snowmass Center tenants Tuesday informing them that it had entered into a contract to sell the commercial property to Eastwood Snowmass Investors, LLC, an affiliate of Eastwood Developments, Continue Reading
Erik Cavarra has just closed on a new Country Club Townhome
Snowmass Village, Colorado: Erik Cavarra has just closed on a Three Bedroom Country Club Townhome located near the Snowmass Club. Toll Brothers is the Owner of the Snowmass Club, and Erik Cavarra marks the sale as a luxury townhome located on hole 12 of the Snowmass Club Golf Course. Cavarra is a top producing broker in the Aspen/Snowmass Area, and has completed some of the most luxurious home Continue Reading
Aspen Penthouse Sells for $25m, still needs to be finished
Article by Rick Carroll of the Aspen Times: One of downtown Aspen’s newest buildings brought in $25 million Thursday for a top-floor penthouse and some associated properties. Aspen Core Ventures, comprised of developers Andrew Hecht and son Nikos, was the seller, property records show. The buyer was NZC CO, a Delaware-based limited-liability company. Brokers on both sides declined to say who is Continue Reading
Developers dust off plan for 164 residences in Basalt
Article by Scott Condon of the Aspen Times: A 110-unit housing proposal that went dormant in Basalt during the recession has been revived and increased to 164 residences. The Stott’s Mill project was approved by the town in 2010 after more than four years of review. The partners in the development firm, MSP1, “took the project to the one-yard line” but couldn’t cross the goal line, said Briston Continue Reading
Vail Valley developer finds way into Snowmass
Article by Jill Beathard of the Aspen Times Harry Frampton remembers when his longtime friends Jim Chaffin and Jim Light had plans to develop the base area of Snowmass. That was in the 1980s, and Frampton would visit the two men, whom he had worked with in South Carolina right after college, in Snowmass. While Chaffin and Light’s vision for Snowmass’ base laid the framework for the development Continue Reading
Erik Cavarra has just Closed on a Home in Old Snowmass
Today, Erik Cavarra has just finalized a closing in Old Snowmass of Little Elk Creek. This home sale marks the (2nd) Closing Cavarra has had in recent days within the Little Elk Creek neighborhood. Property Type: RES w/Improvments N/A Address: 0250 Little Elk Creek Avenue, Snowmass, CO 81654 Status:Closed Asking Price:$1,100,000 List Continue Reading
Snowmass to hike building permit fees for first time since 2003
Article by Madeline Osberger, Aspen Daily News: To help fund additional staff in anticipation of final approval of the Base Village project, the Snowmass Village Town Council on Monday approved an increase of building permit fees, the first rise in over a decade. “Fees haven’t changed since 2003,” said Mark Kittle, chief building official for the town. He said he looked at what is charged Continue Reading
Developer Lane defends his big proposal in El Jebel
Article by Scott Condon of the Aspen Times: After months of taking a pounding in the public arena, developer Ace Lane finally spoke at a public hearing Thursday and shared his vision for the proposed Tree Farm development. A key member of Lane’s team, Chief Financial Officer Dave Marrs, also spoke, and chastised critics of the project as being older homeowners who are established in the Roaring Continue Reading
Erik Cavarra Closes on Meadow Ranch Unit C-13
Snowmass Village, Colorado: Today, Erik Cavarra has closed on a fabulous Meadow Ranch Unit: C-13, located a top the farthest point in the Meadow Ranch Complex, which lives as a true Single Family Residence with views, and open space. Property Type: RES w/Improvments N/A Address: 70 Meadow Ranch Road, Snowmass Village, CO 81615 Status:Closed Asking Continue Reading
Related Sells Base Village Assets
Article By: Jill Beathard of the Aspen Times http://www.aspentimes.com/news/18524948-113/related-cos-to-sell-snowmass-base-village-assets After a long and rocky road, Related Cos. is exiting Base Village. KSL Capital Partners, LLC, a private equity firm with offices in Denver, and East West Partners, the Vail-based developer of Beaver Creek, have agreed to purchase all of Base Village except Continue Reading
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