by Glen Weinberg | Jan 31, 2019 | Aspen hard money, Colorado Hard Money, Colorado Living, Colorado property tax appeal, Colorado Ski real estate, Colorado Ski towns, General Colorado Information, Ski lending/ investing
The Hamptons have increased inventory by 82% to the highest level in 12 years. At the same time sales fell 35% last quarter to their lowest since 2009 (Bloomberg). In Aspen, another ultra-high-end market, sales are down 27% on single family homes from 1.2B...
by Glen Weinberg | Jan 17, 2019 | Colorado Hard Money, Colorado Living, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns
Vail resorts, the owner of Breckenridge, Vail, Keystone, and Crested Butte in Colorado, has fallen 39% percent from its peak and recently fell 13% in one day. At the same time lift ticket revenue was up 12% and visitation up 17%. Why is revenue declining when this...
by Glen Weinberg | Dec 4, 2018 | Alternative financing, Colorado Commercial Property Valuation, Colorado Living, Colorado Private Lending, Colorado Ski real estate, Colorado Ski towns, Condo Lending
The global economy is still healthy, yet last year out of the top destinations for international travel only two declined. The United States and Turkey! The other top ten destinations all increased; many increased by double digits while the U.S. declined by 6%. The...
by Glen Weinberg | Oct 12, 2018 | Colorado Commercial Property Valuation, Colorado Hard Money, Colorado Living, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Condo Lending
It’s snow time! As I’m looking out the window watching snow fall and just read the announcement that Wolf Creek, Arapaho Basin, and Loveland will start spinning their lifts this week, it reminds me of the importance of winter weather on real estate. In markets like...
by Glen Weinberg | Oct 4, 2018 | Colorado Hard Money, Colorado Living, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Condo Lending, Denver Hard Money, Denver hard money Lenders
According to AirDNA 50% of all nightly rentals in Denver are currently unlicensed and not paying the appropriate taxes. Denver implemented various rules to try to crack down on nightly rentals requiring all nightly rentals to be a primary residence. It doesn’t...
by Glen Weinberg | Sep 21, 2018 | Colorado Commercial Property Valuation, Colorado Hard Money, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Condo Lending, Denver real estate values, Ski lending/ investing
The state legislature is considering a bill that would tax residential nightly rentals (any rentals less than 30 days) as commercial properties. This would change the tax assessment on a statewide level. On the surface it doesn’t seem like a big deal, but commercial...
