Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra Mountain Company has announced that it has entered into an agreement to purchase Arapahoe Basin in Colorado, from Dream Unlimited Corp., expanding Alterra’s portfolio of destinations in the Rockies.  What does this mean for real Colorado ski real estate? ...
Bill to quadruple taxes on short term rental passes out of committee

Bill to quadruple taxes on short term rental passes out of committee

With the failure of proposition HH, the Colorado legislature is on the hunt for tax revenue and nightly rentals are in the cross hairs. Not surprisingly, the recent proposal to quadruple taxes on nightly rentals recently passed out of Colorado legislative committee...
Vail pass sales increase 86%, Colorado mountain towns revolt

Vail pass sales increase 86%, Colorado mountain towns revolt

What does the increased tension between Vail and ski towns mean for real estate?   Vail, the owner of major ski resorts and the epic pass, is selling approximately 86% more passes than in 2019.  At the same time mountain towns throughout Colorado and the country...
Property tax bomb awaiting Denver  

Property tax bomb awaiting Denver  

  Denver office vacancy exceeds 30% for first time since 1990’s In 2019 office vacancy stood around 16%, lower than the national average.  Fast forward and Denver office vacancy has almost doubled to over 30%.  Why is the vacancy rate so important to Denver...
Did Breckenridge implement rent control? Did Summit County take “property rights”?

Did Breckenridge implement rent control? Did Summit County take “property rights”?

A federal judge has effectively frozen a legal battle over Summit County’s short-term rental regulations — at least temporarily — after county officials filed a motion to dismiss a lawsuit brought by area homeowners. One of the claims of homeowners is that the new...
Second homeowners charged higher property taxes in Colorado

Second homeowners charged higher property taxes in Colorado

Although HH, the Colorado tax reduction initiative was ultimately defeated, there was one profound item in the legislation that will have far reaching impacts.  One of the biggest changes in the proposal is that second homeowners (non-primary residents) are now paying...