by Glen Weinberg | Jan 15, 2021 | Aspen hard money, Breckenridge, Breckenridge hard money, Breckenridge real estate, CO hard money, Colorado Hard Money, Colorado Ski real estate, Colorado Ski towns, Condo Lending, Ski lending/ investing, Steamboat hard money, Telluride hard money, Vail Hard Money, Vail real estate values
With interest rates hitting historic lows, why will property owners in Colorado ski towns from Steamboat to Telluride get much higher interest rates than Denver? (Do you know where I took this pic?) Why will locals in the resort communities get hit hardest? What...
by Glen Weinberg | Apr 3, 2020 | Aspen hard money, Breckenridge, Breckenridge real estate, Colorado real estate market trends, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Vail real estate values
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...
by Glen Weinberg | Jul 25, 2019 | Colorado Hard Money, Colorado Living, Colorado Ski real estate, Colorado Ski towns
Vail announced the acquisition of 17 east coast resorts for 264 million located near major metropolitan areas, including New York, Boston, Washington, D.C., Baltimore, Philadelphia, Cleveland, Columbus, St. Louis, Kansas City and Louisville. What is Vail’s strategy...
by Glen Weinberg | May 9, 2019 | Colorado Hard Money, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Ski lending/ investing
One ski town has been on my top list of investments for multiple years. I highlighted this resort as one of the “best buys” in Colorado real estate. The new owners have invested over 40 million and real estate values have soared. Unfortunately, this same resort is...
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...