Top 2 Colorado ski town investments 2020 & Coronavirus impact

Top 2 Colorado ski town investments 2020 & Coronavirus impact

2020 is shaping up to be an interesting year in the ski industry.  The ski industry was abruptly cut short in April with Vail resorts losing 200m and Alterra getting sued for closing early. What does this mean for ski real estate?  Where should you invest now based on...
Ski industry loses 2 billion, Vail resorts stock drops 45%

Ski industry loses 2 billion, Vail resorts stock drops 45%

We are still Lending!  Do you know where I took this picture?  It is amazing how quickly fortunes have changed, less than a month ago Vail resorts stock peaked, yet over the course of a few weeks Vail lost over $200 million and its stock dropped 42% while the industry...

Ghost kitchens on the rise, ski towns lead the way, 3 impacts on real estate?

“Ghost Kitchens” are on the rise? What are they anyway (no they are not haunted kitchens)?  What is causing this new phenomenon? How will this impact real estate?  My first experience with a “ghost kitchen” was in Breckenridge Colorado about three years ago where I...
2018/19 epic snow and revenue for ski towns, one number paints a different picture

2018/19 epic snow and revenue for ski towns, one number paints a different picture

The 2018/19 season was Epic (or Ikonic depending on your pass preference) with every major resort posting record sales tax revenue, occupancy, and lodging rates.  At the same time real estate continued to skyrocket in most mountain communities.  With all this good...

Breckenridge extends ski season to Memorial day, should real estate owners get excited?

Vail resorts, the owner of Breckenridge, Vail, Keystone, and Crested Butte, announced that Breckenridge would stay open until Memorial Day (one month longer than their original closing date).  They will close one month later in future years.  At the same time, they...
Colorado to follow country into an economic slump in 19 then a great depression? 

Colorado to follow country into an economic slump in 19 then a great depression? 

  Beaulieu, a nationally renowned economist and president of ITR Economics, predicted: “The U.S. economy and your economy in Colorado will slow down in 2019…Expect a slow down, but don’t expect a break down”.  He then went on to say that: “An aging population,...