Despite some decent helpings of early snowfall this autumn, what locals and visitors had been hoping for finally came — an estimated 14-inch dumping of powder atop Aspen Mountain and 12 inches on Snowmass ski area late Tuesday and much of Wednesday. If fact, Mother Nature was generous throughout the Roaring Fork Valley, dropping about 11 inches in the city of Aspen, 9 or 10 inches in the Continue Reading
Willits wants to alter approvals
Basalt, Willits: Today Erik Cavarra features a proposed alteration to the Willits Plan: The owner and developer of Willits Town Center is seeking some major alterations of the project’s approvals from the Basalt Town Council in a process that will kick off Tuesday night. Mariner Real Estate Management Inc., of suburban Kansas City, Kan.,said in its application that it wants to build off Continue Reading
Bill Koch’s Wild West Adventure: Paonia, Colorado
Today, Erik Cavarra highlights Bill Koch's story of adventure: The controversial businessman is building an Old West town near Paonia that’s a full-scale reproduction of a 19th-century settlement. But is the town simply the project of an eccentric billionaire, or is there more to the story? 5280 got an exclusive look at the controversial project—and spoke with the man behind the classic Continue Reading
Mountain House has new owners after buying note for $6.6 million
Aspen, Colorado: Today, Erik Cavarra features the newest Hotel/Lodge Acquisition in Aspen. Operators of two local hotels have acquired the Mountain House bed and breakfast out of bankruptcy, and are appealing to the Aspen city government for more incentives to keep the property a lodge. Michael Brown, who along with brother Aaron and their group HayMax Capital, owns the Molly Gibson Lodge Continue Reading
City looks to buy East Hopkins condos
The city of Aspen is looking to purchase three studio condominiums on East Hopkins Avenue for $309,000. The three units, ranging from 417 to 428 square feet, are located in “the Edge of Ajax” complex and are for sale by the Ulrych Estate. Deed restrictions associated with the units require rents of $402 and $412 per month, which are below the city’s Category 1 rent level of $460. The deed Continue Reading
Old Gap building prepares to fill downtown Aspen’s luxury niche
Aspen, Colorado: There's just something about Aspen, the allure, the draw, the esteem, the location, the beauty, the zip code. Erik Cavarra Shares an update regarding the Aspen's Core. As the new “Aspen 1” building — the former location of The Gap clothing store — nears completion, several high-end luxury retailers are preparing to set up shop early next year. Theory, which had a Continue Reading
A Colorado Country Christmas: Home Scents and Decor
Colorado, Christmas: Today, Erik Cavarra highlights different ways in which you can add that special touch to your Home during the Holidays. This article is about how to add fragrance to your Home this Christmas. Decorating with fragrance can enhance the welcoming feeling for your guests as they enter. Everyone enjoys entering a house that smells great. Christmas time is a special Continue Reading
Erik Cavarra Places (5) Units Under Contract within the Shadowrock Development
El Jebel, Colorado: After closing on the Shadowrock Development only a few weeks ago, Erik Cavarra has already placed (5) Units located on Overlook Drive Under Contract: Unit 201, 203, 205, 207, 209 are now pending and under contract to a BULK Buyer. The Unit mix consists of (2) Four Bedrooms & (3) Three Bedrooms. The Four Bedrooms are roughly 2,696 square feet, and the Three Bedrooms are Continue Reading
French country meets the Colorado Rockies
Snowmass Village, Colorado: Erik Cavarra features a NEW restaurant opening in Base Village: Ski season has started, and so has business at Base Village’s newest restaurant. Ricard Brasserie and Liquor Bar, opened by executive chef Tim Goodell, of Los Angeles, will serve French country fare for breakfast, lunch and dinner in the space formerly occupied by Sneaky’s Tavern. It opened Nov. 23 with Continue Reading
Report: Roughly 10.8 million homeowners still under water But negative equity rates falling faster than ever
Aspen, Colorado Today, Erik Cavarra examines the Negative Equity Rate: We are not out of the water yet, and the evidence of that is that 10.8m homeowners still have properties under water. The national negative equity rate fell at its fastest pace ever in the third quarter, dropping to 21 percent of all homeowners with a mortgage, according to the third quarter Zillow Negative Equity Continue Reading
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