Erik Cavarra features the $50 million price cut for Copper Beech Farm — and it’s still the nation’s most expensive home

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Owned by timber mogul John Rudey for 31 years, the property is stocked with a 12-bedroom mansion, a whopping 4,000—yes, four thousand—feet of water frontage, and not one, but two offshore islands. Rudey originally told the Wall Street Journal that he was selling the spread because his kids had grown, but that may have been only half of the truth. According to a followup piece in the New York Continue Reading

Denver’s Brown Palace for sale: Erik Cavarra

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DENVER (DENVER BUSINESS JOURNAL) - Erik Cavarra previews the Hotel Market in Denver, Colorado. Denver's historic Brown Palace Hotel & Spa is for sale for only the fourth time in its 121-year history. "The market out there for hotels is good," said Marcel Pitton, Brown Palace managing director. The group of investors, listed in assessor records as Brown Palace Joint Venture, has owned what's Continue Reading

Real Estate Sales are Up a Bit:

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Aspen & Snowmass Village, Colorado:  Erik Cavarra has closed over $10m in the month of September.  We are pacing for an increase in dollar revenue volume as well as number of transactions. Many involved in the local real estate industry viewed sales in the first half of 2013, both commercial and residential, as modest. However, since early July, activity has been on the rise in both Continue Reading

Snowmass exempts basements from max floor area for homes

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Snowmass Village, Colorado:  Floor Area Ratios   Contractors can get back to work on homes in Snowmass Village after the passage Monday of an ordinance amending the town’s land-use code. The biggest change approved by the Town Council was adding a partial exemption for basements or subgrade levels from the calculation of allowable floor area in single-family homes. A working group Continue Reading

Erik Cavarra has just closed a fabulous Home with Red Mountain Ranch: Aspen, Colorado

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Aspen, Colorado: Today, Erik Cavarra, Managing Broker for Alpine Property Real Estate has just closed a fabulous home within Red Mountain Ranch. This Luxury Home boasts fabulous views of the area and is located within one of Aspen's most prestigous neighborhoods. This marks the 19th sale this year for Cavarra pushing the status of Aspen & Snowmass's strongest Continue Reading

Second Viceroy building passes first Snowmass council vote

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Snowmass Village, Colorado: Erik Cavarra discusses the impact of the new Viceroy: The Snowmass Village Town Council on Monday approved on first reading a minor amendment to the planned-unit development for the Viceroy hotel’s second phase, with conditions regarding deep utility work to be completed by the developer in Base Village. ... What will an continued increase in Units, Hotel Continue Reading

Erik Cavarra Places a 4th Residences at Snowmass Club Under Contract

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Snowmass Village, Colorado: Erik Cavarra has just placed a Two & Four Bedroom Under Contract within the Residences at Snowmass Club. Cavarra forecasts a continued strong selling seasons for the Residences at Snowmass Club. Our newly renovated Residences are unmatched within the Fractional Market of Aspen & Snowmass. 100% sold out with developer inventory, Cavarra believes by Continue Reading

Fraction Real Estate News:

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Erik Cavarra: (Eugene, OR) -- Sales at North American fractional real estate developments increased 4 percent in 2011 to $552 million from $530 million the previous year, according to the latest study by fractional resort real expert Richard Ragatz of Ragatz Associates. Ragatz released the findings of his annual research paper, "The Shared-Ownership Resort Real Estate Industry In North Continue Reading

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