More Rich Laden Articles

Rich Laden

Business Reporter

  • Colorado Springs housing prices set record in June

    Updated: Thu, Jul 3, 2014

    There was no June swoon in Colorado Springs' re-sale housing market. In fact, just the opposite. Local single-family home prices set a record last month, while home sales soared - a surge that was possibly propelled, in part, by the sale of more higher-end homes and continued...

  • Colorado Springs-area homebuilding declines in first half of 2014

    Published: Tue, Jul 1, 2014

    Local home construction slowed in the first half of 2014, but some area builders say they're not worried that the housing market is headed into a tailspin. Single-family home building permits in El Paso County - a yardstick that measures the pace of construction - totaled 1,327 from...

  • Colorado Springs foreclosure activity slows in June

    Published: Tue, Jul 1, 2014

    Colorado Springs-area foreclosure activity slowed again in June after a surprising jump early this year, according to a report Tuesday by the El Paso County Public Trustee's Office. "Definitely, things are much improved," Trustee Tom Mowle said. El Paso County foreclosure notices, or...

  • California group buys Colorado Springs office building for $3.2 million

    Updated: Mon, Jun 30, 2014

    A California group paid $3.2 million in June for a 23,199-square-foot office building at 630 Southpointe Court on Colorado Springs’ south side. It’s the first Colorado acquisition for Four Small Fries, a limited liability company out of Chico, Calif. The Denver office of...

  • Colorado Springs apartment complex purchased for $5.9 million

    Updated: Mon, Jun 30, 2014

    Another Colorado Springs apartment complex has been sold. Shefflin Investments LLC, a Montecito, Calif.,-based real estate investment company, recently paid $5.9 million for the 168-unit, Hill Park Apartments at 360 N. Murray Blvd. on the Springs’ east side. The seller, Hill...

  • Colorado Springs' foreclosure picture continues to brighten, reports show

    Updated: Mon, Jun 30, 2014

    Colorado Springs’ foreclosure picture continues to improve, according to a pair of recent reports by CoreLogic, the California-based housing data firm. In one report, the number of Colorado Springs residents who were under water on their homes during the first quarter of...

  • Two Colorado Springs business executives named winners of entrepreneurial award

    Updated: Fri, Jun 27, 2014

    Two Colorado Springs executives were among nine business people from western states honored this week as winners of a regional EY Entrepreneur of the Year Award for 2014, which recognizes entrepreneurial achievement in the business world. Scott Drake, president and CEO of...

  • Economic fallout from Fort Carson troop cuts could be 'devastating' - if the worst plays out

    Updated: Thu, Jun 26, 2014

    Fewer home sales and home construction. Lower housing prices. Declining apartment rents. More than 21,000 jobs lost. A nearly $1 billion reduction in wages, which would have a ripple effect of lost sales at stores, restaurants and other businesses. And a decline in tax revenue. The...

  • Improvements planned to revitalize Colorado Springs shopping center

    Updated: Thu, Jun 26, 2014

    An Arizona group that bought the Erindale Centre on North Academy Boulevard hopes a new name, improved access and a series of property improvements will pump life into the aging retail center, where nearly 60 percent of the storefronts are vacant. Kinetic Companies of Phoenix, which...

  • Colorado Springs Regional Business Alliance partners with state on marketing campaign

    Updated: Tue, Jun 24, 2014

    The Colorado Springs Regional Business Alliance will be the first business organization in Colorado to formally partner with the state on its "byColorado" program - a marketing campaign to help businesses identify themselves, their products and services as originating in Colorado....

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