Archive for the ‘Business Transactions’ Category

The Aspen Board of Realtors Observer – November 2011

The Observer is a rundown of the government and business activity in Aspen, Snowmass and the Roaring Fork Valley over the last month, with particular focus on issues and items that are important to the Real Estate community. (more…)

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Joshua & Co. Announces Exclusive Affiliation with Luxury Portfolio International

Joshua & Co. has recently been selected as a the exclusive Aspen affiliate of Luxury Portfolio International, an elite group of 200 companies which provides unsurpassed exposure to high net-worth individuals on a global basis.  Luxury Portfolio markets more listings over $1 million than any other luxury real estate network.  (more…)

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Local Bank Down, But Only Temporarily

The largest local bank in Aspen, Vail and the surrounding area posted a loss of almost $50 million in 2010, but the news isn’t all bad. Alpine Banks of Colorado lost $48.18 million in 2010 as it continued to shed bad loans and other assets that went sour during the recession, President and Vice Chairman Glen Jammaron said Friday in an interview with The Aspen Times. The bank’s strategy was to respond to the problem as quickly as possible rather than spread the financial pain out over several years. So in 2010, the bank wrote off nearly $90 million in loans, he said. (more…)

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Aspen Board of Realtors’ January Edition of the Observer

Prepared by the Aspen Board of Realtors, The Observer is a rundown of the government and business activity over the last month, with particular focus on issues and items that are important to the Aspen and Roaring Fork Valley Real Estate community. (more…)

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Aspen Board of Realtors’ December Edition of the Observer

Snowmass

Prepared by the Aspen Board of Realtors, The Observer is a rundown of the government and business activity over the last month, with particular focus on issues and items that are important to the Aspen and Roaring Fork Valley Real Estate community. (more…)

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ResortQuest to be sold to Wyndham Worldwide

The sale of ResortQuest, including the management for the Inn at Aspen, is expected to close in the third quarter of this year for $56 million. With this acquisition, Wyndham Worldwide will add ResortQuest to its 30 European rental brands, making it the world’s largest full-service vacation rental business. (more…)

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Prospective Buyers Are Feeling More Optimistic

According to a recent survey by Prudential Real Estate and Relocations Services, Inc., consumers believe the market is improving. (more…)

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Significant Real Estate Transactions in Aspen and Pitkin County

These sales were recorded in Pitkin County from April 7th to April 14th, 2010. For a full market analysis or more details, contact Jen at Jen@JenEngel.com or 970/618.7319.

Property: 1682 Red Mountain Road (Aspen).  Photographed here.
Sold Price:$9,450,000

(more…)

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Real Estate Activity at Monarch on the Park in Aspen

Monarch on the Park is one of Aspen’s newest developments in Aspen’s Central Core. Built as part of the Limelight Lodge’s redevelopment, Monarch on the Park consists of 14 condos, all with beautiful, contemporary finishes. (more…)

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Nike Comes to Snowmass Ski Area for New Commercial

Snowmass ski area closed two weeks ago, but the snow is falling and the conditions are perfect for some special skiers/riders.  This weekend, several Olympic athletes and other top skiers and snowboarders will converge on Snowmass–not for a competition, but for a photo shoot. Nike will use the halfpipe and the adjacent terrain park along with some “quiet” fireworks to get some new media for its marketing campaigns.  (more…)
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