Rich Laden

Business Reporter

  • 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...

  • Colorado Springs apartment rents hit another record high

    Updated: Tue, Dec 23, 2014

    First, there was no room at the inn. Now, there's no room at the apartment complex. The Colorado Springs-area apartment vacancy rate fell to 4.3 percent in the third quarter, the lowest since 4.2 percent in the second quarter of 2001, according to a new report by the Colorado Division...

  • Tex-Mex chain to make Colorado debut with a Colorado Springs location

    Updated: Fri, Dec 19, 2014

    Taco Bueno, a Dallas-based restaurant chain that specializes in Tex-Mex fare, plans to open its first Colorado location next year in north Colorado Springs. A single-story office building at 7970 N. Academy, near Jamboree Drive, will be torn down and a 2,200-square-foot Taco Bueno...

  • $1.99-and-under gas comes to Colorado Springs

    Updated: Thu, Dec 18, 2014

    Yes, Virginia, there is gas under $2 in the Pikes Peak region. A gallon of regular gasoline was selling for $1.98 on Wednesday at the Sam's Club on Colorado Springs' south side, while the city's two Costco Wholesale Clubs and a second Sam's on the north side were selling it for...

  • Colorado Springs commercial real estate continues slow rebound from recession

    Updated: Mon, Dec 15, 2014

    Colorado Springs' commercial real estate market might not be as robust as that of Denver and northern Colorado, but it should see better times in 2015, according to a forecast by Quantum Commercial Group, a local commercial brokerage. "We're moving forward. We're just not moving...

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