Real Estate Blog

Colorado lawmakers introduced more than 700 bills in the 2018 legislative session covering a wide range of topics – from transportation to taxes and school safety to health care.

There were even measures considered by the Democrat-controlled House and the Republican-led Senate that covered the business of selling body parts, protections for police horses and the delivery of marijuana.

The majority of the legislation was not controversial and offered minor tweaks to current law, but the debate on dozens of bills came down to the final hours before the General Assembly adjourned Wednesday.

If you’re wondering what you missed, here’s a look at a sample — 101 bills that passed or failed in the 120-day term. Gov. John Hickenlooper still needs to act on many of them.

Some stats from the 2018 legislative session that just ended: 721 total bills introduced. 432 passed (60%). None vetoed yet (that could change). 100 exhausted legislators. #coleg #cogov #copolitics

— KC Becker (@kcbecker) M..

A 16th fissure oozing lava spatter from Kilauea volcano opened Saturday on Hawaii’s Big Island and a “steady, vigorous plume of steam” with ash arose from the Halemaumau Crater near the volcano's summit, as the Hawaii National Guard made preparations to help with evacuating as many as 2,000 people from areas along the coast.

The new fissure emerged about 6:45 am. with lava spatter, but no lava flow, less than a mile from the shuttered Puna Geothermal Venture and a mile west of Highway 132,…

Cortex innovation community's newest building, 4220 Duncan, is now open.

Wexford Science & Technology LLC developed the 182,000-square-foot, five-story building, with Tarlton Construction as the general contractor and HOK as architect. Cambridge Innovation Center, or CIC, occupies 41,000 square feet, bringing its total square footage in Cortex to 160,000 square feet that's spread across three building.

Microsoft occupies 30,000 square feet, followed by BJC Healthcare's new 16,000-square-foot…

Chelsea Self, Post IndependentHotel ColoradoASPEN — A Colorado family with a history of running resort-area hotels says it is close to acquiring a Glenwood Springs hotel.

Melville family spokesman Craig Melville said Thursday that Mountain Chalet Enterprises and its subsidiary, Historic Hotel Colorado LLC, plan to close on their acquisition of the famed Hotel Colorado at the end of the month.

The Aspen Times reports that Hotel Colorado is currently owned by the Bastian family of Wichita, Kansas through Glenwood Properties Inc.

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A 59-year-old Colorado Springs woman who ran a fraudulent fix-and-flip real estate business has been sentenced to federal prison for eight years and must repay $14.5 million to investors.

Denver U.S. District Judge Christine Arguello also sentenced Karen Lynn McClaflin to serve three years of supervised release following prison on two wire fraud convictions.

McClaflin fraudulently issued multiple fake deeds of trust for the same home to several different investors simultaneously, according to a news release by U.S. Attorney Bob Troyer and FBI Agent-in-Charge Calvin Shivers.

“For a lot of years, the defendant lied a lot of people out of millions of dollars,” Troyer said.

Karen McClaflin took advantage of innocent investors by knowingly and wittingly creating a deceptive home-investment scheme, Shivers said.

Prosecutors allege McClaflin and an unidentified partner opened a franchise of We Buy Ugly Houses in December 2005 with the idea of using investor funds to purchase and renovate..

Nimitz is a partnership between winemaker and distiller Dave Phinney and Gaylon Lawrence Jr., a billionaire Nashville investor, who owns seven community banks in the South and has extensive farm holdings.

Two East Memphis homes cleared the $1.2 million mark last week, and a Germantown home narrowly missed seven figures.

The week's top home holds a whopping 7,200 square feet and sold for $1.6 million. Located on Cherbourg Lane in ZIP 38120, the 2005 house holds five bedrooms, six full bathrooms and two half bathrooms.

The week's No. 2 home is located on Dovecote Lane — just a couple streets over from the top home — and is larger, but it sold for $1.2 million. Built in 2004, the house has five…

For the second month in a row, the top 10 homes sold in the Greater Cincinnati region all had a selling price of more than $1 million.

The most expensive home sale of April also was slightly higher than the top sale of March. In February, four homes were sold at a price of $1 million or more. In January, seven of the most expensive homes sold were priced at $1 million or higher.

To view the top 10 home sales in Greater Cincinnati last month, click on the images above.

The information on the…

Under the name Arena Vista, local developers Gene and Betty Braden of Brayco Properties LLC are turning this former Handy Andy warehouse into a residential and retail development.

Much has been written about the Wapato jail facility, the never-used jail built by Multnomah County that recently sold to Jordan Schnitzer for $5 million in a somewhat unusual way — and that some advocates would like to use as a place for homeless services.

But despite all the talk and words, there haven't been a whole lot of visuals to go along with the Wapato story.

Today, however, Schnitzer led several tours of Wapato to let people get an idea of how the the 18-acre property, which includes…