Category: Fort Collins
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Exchanging Real Estate for Interest in Oil and Gas
Via Investment Property Exchange Services Many investors who sell vacant land, investment condominiums, apartment complexes and other real estate utilizing a 1031 Exchange, are looking for new “non-traditional” investments. Regarding this topic, our own Patricia Flowers, Assistant Vice President in the IPX Boston office was recently quoted in the New England Real Estate Journal Online.…
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Commercial Property Values Up in Q3 – Index
* U.S. commercial real estate prices rise 4 pct in Q3 * Sales rise in Q3 By Ilaina Jonas (via Reuters) NEW YORK, Nov 3 (Reuters) – The prices of investment-grade commercial real estate rose more than 4 percent in the third quarter, possibly signaling an end to the sector’s year-long downward spiral, according to…
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Investors, Landlords Reduce Rental Property Loan Payments 30%
by Niman Singh (from AAOA) Fannie Mae’s New Loan Payment Reduction Plan Fannie Mae’s Payment Reduction Plan (PRP) is now available to real estate investors and landlords who are having trouble making payments on their investment properties. Since real estate investors and landlords have not been eligible for Home Affordability Modification Program (HAMP), they have…
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Utility Rate Audits for Multifamily Housing
by Chris Oates in Untagged (via Multifamily Insiders) It is very likely that you or someone at your company has been approached by a firm conducting rate audits. Rate audits should absolutely be a part of an energy management program. In fact, overtime, they should be conducted again and again. However, not all rate audits…
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How Do You Appeal to Renters Without Using Rent Concessions?
By Charity Hisle Multifamily Insiders How are you writing your apartment community craigslist ad titles? Are you using rent concessions to drive traffic to your property? What if you don’t have any promotions? What content are you posting to your Facebook and Twitter pages? Are you just posting your rental rates and promotions? Did you…
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Landlords brace for ‘green’ plan
BCBR Article Landlords brace for ‘green’ planBy David Clucas October 30, 2009 —BOULDER – Residential landlords may soon be forced to make thousands of dollars of energy-efficient upgrades in order to receive a rental license from the city of Boulder. Boulder officials are proposing the idea as part of its Climate Action Plan to reduce…
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Rental Housing Licensing in Fort Collins – Good or Bad?
The City of Fort Collins is considering implementing registration and licensing of all rental housing in the city. The Occupancy Ordinance is the medium under which neighborhood citizens are fighting to implement the licensing – to help pay the way for enforcing the existing rules and laws. However, licensing can be costly to owners and…
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Now not the time to review Occupancy Ordinance
Clint Skutchan – Fort Collins Board of Realtors The Fort Collins Board of Realtors in 2005 supported the update to the occupancy ordinance because we believed it would lead to safer rental homes and higher neighborhood quality. Once again, we find ourselves engaged in this discussion as the council is slated to review the ordinance.…
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Terrix Financing Rates 09/21/09
Apartments continue to be the least difficult type of property to finance.Below are today’s rates for select apartment loan programs. Loans $2,000,000+5/30 4.99% non recourse7/30 5.47% non recourse10/30 5.65% non recourse70-80% LTV, cashout okay, non recourse, assumable, can do supplemental financing in future to leverage back up for a buyer (combined with the assumption this…
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Center Partners adding 500 employess
By 9 News • September 19, 2009 Fort Collins-based Center Partners is hiring 500 new employees. Since August, the company has hired 200 employees and is planning to add 500 more. A successful sales campaign in June allowed Center Partners to add 700 positions. Michelle Entwistle, a recruiter with Center Partners, said positions start at…