Category: Larimer County
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DBM Technologies moving to Loveland
March 3, 2009. In order to better fit the needs of their growing company, DBM Technologies will be moving into a larger facility in South Loveland. Since most of the employees lived in or around Loveland, the move north from Longmont made the most sense. Read more in the Loveland Reporter Herald. More…
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Fort Collins Condo Complex Sells for $2.2M
BBK Properties LLLP purchased Sherwood Greens, a 15-unit multifamily in Fort Collins, CO, from Hellenic Plaza LLC for $2.2 million, or about $146,667 per unit. The condominium property at 630 S. Sherwood St. consists of 15 three-bedroom/three-bathroom units. The seller utilized a 1031 exchange to complete the transaction.
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HUD money to boost projects, $587,000 for low-income housing
BY KEVIN DUGGAN KevinDuggan @coloradoan.com Fort Collins is in line to receive more than $587,000 in federal economic stimulus funding to support programs for low-income residents. The U.S. Department of Housing and Urban Development on Wednesday allocated about 75 percent of the $13.6 billion earmarked in the American Recovery and Reinvestment Act for its programs…
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Recording rentals could take years
BY KEVIN DUGGAN • KevinDuggan @coloradoan.com • February 25, 2009 Owners of rental properties with units that aren’t on the city’s books might be given more than two years to set the record straight. Fort Collins City Council members said Tuesday they generally support a proposed program aimed at bringing unrecorded rental properties into compliance…
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Oval Flats gets go-ahead from city
BY DAVID YOUNG • davidyoung @coloradoan.com • February 25, 2009 The former Sigma Alpha Epsilon fraternity house is one step closer to being transformed into a new mixed-use commercial and residential building. The Oval Flats project had its public hearing earlier this month, which saw about seven people from the public attend, and was…
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Enterprise opening insurance claims site
BY PAT FERRIER PatFerrier@coloradoan.com The largest car rental company in the country will open a new insurance claims office in Fort Collins in May, creating 100 new full-time jobs. Enterprise, owner of Enterprise, National and Alamo rental car companies, plans to announce today the opening of a claims processing office at 4800 Wheaton Drive to…
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Completed foreclosures drop in county, state
BY DAVID YOUNG DavidYoung@ coloradoan.com Foreclosure activity across Colorado has dropped for the first time since 2003, and Larimer County is on par with the rest of the state thanks to programs like the state’s foreclosure hotline, according to experts. According to the Colorado Division of Housing fourth-quarter 2008 foreclosure report released Monday, completed foreclosures…
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Fort Collins Sales-tax picture bright
BY PAT FERRIER • PatFerrier@coloradoan.com • February 21, 2009 Fort Collins tax revenue January > Sales tax: -0.5% > Use tax: +6.0% > Combined sales and use taxes: +0.4% Key sectors > Miscellaneous retail: +2% > General merchandise: +1.8% > Apparel/accessory: -6.7% > Restaurants/bars: +4.2% > Grocery stores: +3.9% > Hotel/lodging: -10.7% > Building permits:…
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800 Lovelanders join push for downtown revitalization
By Douglas Crowl • Loveland Connection • February 20, 2009 The latest message from the Citizens for a Vibrant Downtown Loveland to the Loveland City Council is signed by 800 names. As promised, the group has completed a petition with 800 resident signatures calling for the City Council to financially support projects that would revitalize…
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Vacancies down in Fort Collins, up in Greeley & Loveland
DENVER – The apartment vacancy rate in Fort Collins shrunk to a seven-year low during the last half of 2008, while the rates in Greeley and Loveland crept upward during the final quarter of the year. The tight rental market in Fort Collins is reflected in the 4.2 percent vacancy rate posted during the third…