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CBRE Capital Markets Secures Acquisition Financing for 150-Unit Lookout at Broadmoor Terrace Apartments in Colorado Springs

COLORADO SPRINGS, CO - CBRE Capital Markets’ Debt & Structured Finance has secured $16.5 million in acquisition financing for Lookout at Broadmoor Terrace, a 150-unit multifamily property in Colorado Springs, Colo.
CBRE’s Scott Peterson, Bill Chiles and Brian Cruz arranged the loan on behalf of the borrower, Stratford Partners, who purchased the property in an off-market transaction.
The three-building property was built in 1969 and features a mix of studios, one-, two- and three-bedroom units. Community amenities include a clubhouse, laundry center, pool and BBQ area. The seller, a private investor, recently invested over $3 million in exterior, common area and interior lighting improvements. ....

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Amazon Ships Outraged Couple Empty Box Instead Of $7000 Sony Camera, Initially Refuses Refund

After Contact Denver7 began the investigation and the couple reached out to Amazon CEO Jeff Bezos, Amazon reversed its stance on this situation with a promised refund after the credit card dispute was cleared up. ....

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Stratford Partners Lands $16M for Colorado Springs Acquisition

Stratford Partners Lands $16M for Colorado Springs Acquisition
Improvements to the 150-unit property begun under previous ownership and are slated to continue.
May272021
Image Courtesy of CBRE
Stratford Partners has acquired Lookout at Broadmoor Terrace, a 150-unit multifamily property in Colorado Springs, Colo., in an off-market transaction. The company received a $16.5 million financing package arranged by CBRE Capital Markets.
The previous owner invested more than $3 million in renovations to the 1968-built property. Improvements targeted common areas and interior lighting. Stanford plans to introduce further upgrades to the property.
Lookout at Broadmoor is a three-building property that encompasses a mix of studios, one- to three-bedroom apartments and penthouses ranging from 430 to 1,568 square feet. Amenities include a swimming pool, a clubhouse, three laundry facilities, a barbecue area and guest parking. ....

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Alamosa Amazon customer: 'An empty box for $7,000'

Amazon deliveries: the convenience can't be beat, but what happens if something goes wrong? An Alamosa farming family says they paid $7,000 for an empty box. ....

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Couple Buys $7,000 Camera On Amazon, Receives Two Empty Boxes Instead

Couple Buys $7,000 Camera On Amazon, Receives Two Empty Boxes Instead
On 5/26/21 at 8:51 AM EDT
A couple in Colorado paid more than $7,000 to order a high-end camera from Amazon, but instead received two cardboard boxes.
Denver7 reported that Bill Chiles and his wife, Kelly Chiles, who live close to the city of Alamosa, ordered a sought-after Sony Camera from the e-commerce site, spending more than $7,000 in doing so.
We ve bought several cameras from Amazon, and we ve never had a problem, Bill Chiles told the news channel. Here in southern Colorado, we take anything we can get for photography: weddings, senior pictures, graduations. ....

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