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Close Building permits issued for the construction of single-family homes in Colorado Springs and El Paso County dropped 10% in May on a year-over-year basis, a Pikes Peak Regional Building Department report shows. Despite the decline, builders aren t worried that the local housing market is slowing down. THE GAZETTE FILE ....
The pace of Colorado Springs-area home construction slowed last month, breaking a yearlong string of increases. But that doesn t necessarily mean the red-hot housing market has suddenly cooled off. ....
Press release content from Globe Newswire. The AP news staff was not involved in its creation. The Providence Group of Georgia Opens VIP List for New $320 Million Waterside Community in . Green Brick Partners, Inc.March 11, 2021 GMT PLANO, Texas and PEACHTREE CORNERS, Ga., March 11, 2021 (GLOBE NEWSWIRE) Green Brick Partners, Inc. (NASDAQ: GRBK) (the “Company”), a national homebuilding and land development firm, announced today that its subsidiary Team Builder, The Providence Group, will be opening its newest master planned neighborhood called Waterside for presales. The community is a joint venture partnership between Atlanta-based active adult land investment group, East Jones Bridge River Holdings, LLC, and The Providence Group. To join the VIP presale interest list, please visit www.theprovidencegroup.com/waterside. ....
A Colorado Springs apartment complex has sold for a record price to a Denver-area group, another sign that out-of-town investors remain upbeat about the city’s red-hot multifamily market. Blueline Equity Partners recently purchased the 91-unit Overlook at Mesa Creek for $27.3 million, El Paso County land records show. The complex, southwest of Centennial Boulevard and Fillmore Street on the northwest side, opened two years ago. The $299,835 per-unit price for Overlook at Mesa Creek is believed to be the highest ever paid for an apartment property of more than 50 units, according to Goodwin Knight, a Colorado Springs development company that built the complex, and All Pro Capital, a local investment firm that financed it. ....