Aspen, Colorado: Development, Lodges If officials in City Hall like what they see in developer Mark Hunt’s proposals to redevelop five properties downtown, it will be full-steam ahead for the Chicago transplant who has amassed more than $100 million worth of real estate in Aspen in the past few years. He unveiled plans last week for two affordable lodges on opposite ends of the commercial Continue Reading

Reservations for free-market condominiums planned at a prime location on South Aspen Street near Lift 1A are looking solid, as eight of the 14 units have been claimed, which essentially eliminates any hope for a hotel component at the property. For more than a decade, myriad plans have been floated for the three parcels of land near Lift 1A. In 2007, the area was included in the controversial Continue Reading

Mark Hunt’s grand plan partially revealed by Carolyn Sackariason, Aspen Daily News Staff Writer Friday, September 12, 2014 Downtown landlord offers up his vision for five Aspen properties: three retail buildings and two affordable lodgesProminent downtown Aspen landlord Mark Hunt has unveiled his vision for five properties he owns, two of which would be redeveloped into affordable lodges, while Continue Reading

Emma, Colorado: Luxury Auctions AUCTION November 1st | 28-Acre Roaring Fork Valley Ranch, CO Auction Date & Time Auction Saturday, November 1st, 2014 at 11am (MST), On-Site. Registered Bidders Only. Property Previews Beginning October 8th, Open House Previews every Wednesday - Sunday, between 12 & 5pm, until the Auction. Advance appointments available upon request, with Continue Reading

Snowmass Village, Colorado: Sunrise Co., Oaktree Capital sign letter of intent to build 44 fractional units The Base Village project at the base of the Snowmass Ski Area took a significant step forward from its post-recession gridlock Thursday with the announcement that Sunrise Co. and Oaktree Capital Management had signed a letter of intent with Related Cos. to develop 44 residential units in Continue Reading

New Limelight contingent on
four-year extension of vested rights Aspen Skiing Co. is prepared to invest $100 million in the development of a Limelight hotel for Snowmass Village after signing a purchase and sale agreement last week with Related Colorado. According to SkiCo CEO Mike Kaplan, more certainty about specific improvements tied to the Base Village project weren’t the only reasons Continue Reading

Snowmass Village, Colorado: Village financiers to look at alternate sources of revenue Weaker than expected real estate sales in Snowmass Village this year have the town government looking for other ways to bolster its transfer tax fund, which is burdened by demands from recreation to roads, and landscaping to capital equipment purchases. As budget season approaches, hard choices will Continue Reading

Snowmass Village, Colorado: Erik Cavarra has just closed a home located on Fairway Drive in Snowmass Village. The home was only on the market for (2) days when Erik's clients placed the home Under Contract. Property Type: RES w/Improvments N/A Address: 500 Fairway Drive Snowmass Village, CO 81615 Status:Closed Asking Price:$1,995,000 List Continue Reading

The Aspen Skiing Co. agreed Monday to purchase a lot in Snowmass Base Village, where it will build a Limelight hotel similar to the one it owns in Aspen. Related Cos., which currently owns the stalled development at Snowmass’ base through a subsidiary, will represent Skico in the review process for the new hotel. The proposed changes to the current approvals for the lot will be included with an Continue Reading

Amid what many are calling the busiest summer in Aspen’s history, the keynote speaker of an annual real estate gathering on Thursday warned that the city is actually losing visitor market share to other resorts. Mark Harmon, founder and managing partner of Auberge Resorts, which owns and operates the Hotel Jerome, attributed most of that loss to the difficulty and expense travelers face just Continue Reading