More Rich Laden Articles

Rich Laden

Business Reporter

  • Garage in Black Forest destroyed by fire after lightning strike north of Colorado Springs

    Updated: Fri, Jul 4, 2014

    A fire caused by a lighting strike destroyed a garage Friday afternoon in unincorporated Black Forest north of Colorado Springs, but firefighters contained the blaze before it spread to a nearby home or trees. Nobody was injured, although the garage and its contents were a total...

  • Upscale steakhouse coming to University Village Colorado in Colorado Springs

    Published: Thu, Jul 3, 2014

    Cowboy Star Restaurant and Butcher Shop, an upscale San Diego steakhouse that mixes fine dining with western themes, will open its first location outside California when it comes to the University Village Colorado retail center in Colorado Springs later this year. The restaurant will...

  • 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 Park...

  • 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 2014 had...

  • 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...

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