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Waiting for a burst of optimism
Some people have started comparing President Barack Obama to ex-President Jimmy Carter. However, it is probably more accurate to compare Obama to President Richard Nixon. This is because President Carter inherited an economic mess, stagflation, which was compounded by an economic crisis and an OPEC oil embargo, which he then deepened and prolonged through price […]
Executive edge: Margaret Kelly
Margaret Kelly walks into her office at RE/MAX headquarters to news that home sales in July plunged to the lowest level in 15 years despite low mortgage rates and bargain prices. "We knew there was going to be a fall because of the tax incentive ending. It's no different than cash for clunkers," sa...
Small biz: Cast your vote for the 25 Most Powerful Salespeople
Back in late 2008, the economy was at its lowest point in decades, and no profession was suffering more than real estate sales. A story in the Denver Post described one Realtor who a year earlier had earned six figures selling high-end mountain homes. Now she was eking out a living cleaning some of the […]
Gen XYZ: Kimberly Smith, 38, Avenue West Corporate Housing
Kimberly Smith entered the corporate-housing world on a fluke. Near the end of her college days as a political-science major, she took a trip to Vietnam, but decided to try a business internship in San Francisco when she returned. By the time she showed up to the Golden State, the only internship left was in […]
Goodbye, operating leases: part 2
The impact on the commercial real estate market would be substantial and will have a significant impact on commercial tenants and landlords. David Nebiker, Managing Partner of ProTenant (a commercial real estate firm that focuses on assisting Denver and regional companies to strategize, develop, and implement long-term, comprehensive facility solutions) added “this proposed change not […][...]
Who owns Colorado: Changing spaces
But something new in workspaces is taking hold around the Front Range, such as new workplace pioneer Mickey Zeppelin's TAXI development in River North, RiNO, that is; or Andrew Luter's brainchild the Hive Cooperative; or Jennie Nevin's Green Spaces, coworking at the other end of RiNO by the Ballpar...
Gerald Gallegos: an empire built one house at a time
The life of Gerald Gallegos was not quite rags to riches, but it was close. Gallegos, who founded one what has become one of the nation’s largest masonry companies, died last week in Denver. Services will be held at Vail’s Ford Amphitheater on Saturday, Aug. 28, at 1 p.m. At its peak in 2008, the […]
Who owns Colorado: Taking flight in a down economy
What has not changed over the past 20-some years is the sheer huge-ossity, the enormousness or enormity, of most everything associated with Denver International Airport.Giga-normous TOD (transportation-oriented development) projects on the drawing board or otherwise in early stages include Mortenso...
Who owns Colorado: nipped in the bud
The fortunes of a lot of area commercial brokers and landlords were helped along by the absorption by dispensaries and related retail outlets of vacant space as well as land, warehouse space and more. Last year and earlier this year, you will recall, dispensaries shone hereabouts amid the wreckage...
Five things everyone should know about relocating
The lackluster job and housing markets has brought corporate relocations to a near halt. Companies have never been as uncooperative in relocating out-of-state employees as they are today. The Society of Human Resources Management found that 58 percent of companies have reduced corporate relocations, while 42 percent have either frozen or eliminated these programs altogether. […]
Who Owns Colorado: Cherry Creek gets a makeover
Anybody who has lived around the Denver area has "Cherry Creek" coming out of their ears. Hereabouts we boast a Cherry Creek school district, state park, arts festival, marina, hotel, newspaper, florist and biking and hiking path, not to mention an actual creek. This is only appropriate because Che...
Beyond zero: the future of interest rates
While the Federal Reserve has continued to keep rates near zero, the president of its Kansas City bank says the Fed will have to begin edging rates back up so the economy can achieve long-term health and stability. While Thomas Hoenig said he would never advocate a “sharp jump of policy rates,” the long-time Fed […]
