Rich Laden

Business Reporter

  • New spa, expanded fitness center coming to Colorado Springs country club

    Updated: Sat, Jan 10, 2015

    The Country Club of Colorado on Colorado Springs' southwest side is getting a $3 million makeover that will expand its fitness center and add a six-room spa. The upgrades are intended to broaden the club's appeal and grow its membership of 1,100 people, Curtis Bova, the resort's sales...

  • Colorado Springs apartment complex sells for about $50 million

    Updated: Fri, Jan 9, 2015

    A Colorado Springs apartment complex sold this week for nearly $50 million, another sign that the local multifamily market remains 
red-hot. Griffis Residential, a Denver-based apartment investment and management firm, sold the 314-unit Sagebrook Apartments on the Springs' north side...

  • Colorado Springs home sales soared to an 8-year high in 2014

    Updated: Thu, Jan 8, 2015

    Colorado Springs-area home sales finished 2014 at an eight-year high, while prices remained strong toward year's end, according to a Pikes Peak Association of Realtors report for December. "It was a good year," said Cherri Fischer, a broker with ERA Shields Real Estate and the...

  • Pet spas? Coffee bars? Colorado Springs apartment complexes take amenities to new levels

    Updated: Sun, Jan 4, 2015

    When Amber and Lyle Drones were looking for a new apartment last summer, they wanted a pet-friendly place to accommodate Zarra, their 18-month-old Boston terrier-pug mix. After they scouted about 50 apartment complexes, the couple - both stationed at Fort Carson - settled on the Mesa...

  • Colorado Springs-area foreclosures dip slightly in 2014

    Updated: Sat, Jan 3, 2015

    The Pikes Peak region's foreclosure picture improved again in 2014, but only slightly over the previous year, according to a report Friday from the El Paso County Public Trustee's Office. New foreclosure filings totaled 1,825 last year in El Paso County - a 1.9 percent decline from...

  • Colorado Springs homebuilding dips in 2014

    Updated: Sat, Jan 3, 2015

    The pace of Colorado Springs-area homebuilding declined in 2014, yet still showed a marked improvement from the recession, according to a report released Friday by the Pikes Peak Regional Building Department. Single-family homebuilding permits issued by Regional Building - a yardstick...

  • DirecTV customers in southern Colorado could lose KOAA-TV on Thursday

    Updated: Wed, Dec 31, 2014

    Viewer favorites such as "The Tonight Show," "Ellen" and "Dr. Phil" could be missing from some local TV screens starting New Year's Day because of a dispute between the owner of KOAA-TV/Channel 5 and satellite television provider DirecTV. A three-year programming agreement between...

  • Colorado Springs' average gas price now below $2 a gallon

    Updated: Tue, Dec 30, 2014

    Christmas might have been last week, but falling gas prices are the gift that keeps on giving. The average price for a gallon of regular unleaded gasoline dropped to $1.961 on Monday in the Colorado Springs area - cheapest among 10 metro areas in the state tracked by AAA and according...

  • California group pays big money for Colorado Springs apartment complex

    Updated: Wed, Dec 24, 2014

    Another out-of-state investor has acquired a Colorado Springs apartment complex. Steadfast Apartment REIT, an Irvine, Calif.-based real estate investment trust, paid $40 million last week for The Oasis, a 252-unit apartment complex on the city's northwest side. Steadfast purchased...

  • New Colorado Springs Regional Business Alliance board chair named for 2015

    Updated: Wed, Dec 24, 2014

    Debbie Chandler, CEO of Colorado Springs Health Partners, has been named 2015 board chairwoman for the Colorado Springs Regional Business Alliance. Her one-year term begins Jan. 1. She takes over for Tom Neppl, president and CEO of Springs Fabrication. Chandler, who has 30 years of...