Johnny McGuire’s building sells for $1.5 million

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Another prominent Aspen building has changed hands, and the new owner is becoming an increasingly familiar name on the downtown commercial scene. The owners of Johnny McGuire's sandwich shop and the Domino's pizza franchise sold the building housing their businesses earlier this month for $1.5 million. The buyer, 730 E. Cooper LLC, is an entity controlled by Chicago and Aspen businessman Mark Continue Reading

Paragon commercial spaces go for nearly $6 million at foreclosure sale

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Three commercial spaces in the Paragon building on the Hyman Mall fetched $5.925 million at a foreclosure sale on the Pitkin County courthouse steps Wednesday morning. The sole and winning bidder was an LLC set up by Torchlight Loan Services of New York, a national manager of distressed commercial loans, which acquired the deed of trust last week from US Bank National Association, which in turn Continue Reading

Erik Cavarra has just placed a Three Bedroom Residences at Snowmass Club Under Contract

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With a listing date of only (1) business day, Erik Cavarra was able to place a Residences at Snowmass Club Under Contract. This will make (4) Pending Listings within the Residences during the Spring Season. Erik Cavarra is excited with the re-vitalization of the Snowmass Club which is now under NEW Ownership with the Toll Brothers Golf Division.  Erik believes that with the move towards the Continue Reading

Snowmass Club sells for $9.1 million

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The Snowmass Club changed hands on Friday for $9.1 million, according to Pitkin County Clerk and Recorder records. Erik Cavarra believes Toll Golf will revitalize the Club and are true Club operators which will add a distinct advantage in the market. The sale includes the club, its facilities, two restaurants and the 18-hole, semi-private golf course. The Aspen Skiing Co. went under contract Continue Reading

Snowmass Village: A Look at the Market

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Erik Cavarra discusses valuations for appreciation within Snowmass Village, Colorado. Today, Erik focuses on the Townhome Market with Average Price Points of $2.5 - $5.5m.  All of the following properties are comparable in data with having ski access and similar amenities within the specific locations. Erik Cavarra explains that when analyzing the market and looking at recent sales and Continue Reading

Erik Cavarra has just placed a Top of Village Residence Under Contract

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Snowmass Village, Colorado:  Erik Cavarra has just placed one of the nicest Three Bedorom Top of Village Units Under Contract. This Three Bedroom / Three Bath Townhome has direct ski access to Fanny Hill and is click-in / click-out with direct access. A fantastic ski destination with great access to hiking in the Summer. Property Type: RES w/Improvments Condo Address: 855 Continue Reading

Erik Cavarra has just placed a Two Bedroom Residence Under Contract

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The Residences at Snowmass Club are now a part of the Toll Brothers family. This exciting news has lead to a an increase in sales activity and continues to shine as a product offering and leader in the Fractional Real Estate Market. The Residences at Snowmass Club Offers its members the epitome of alpine indulgence. All the services of an upscale hotel are combined with the amenities and Continue Reading

Erik Cavarra

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