Three of the top five properties sold in September sold for less than their list prices.
Residential Real Estate
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Landscaper accused of theft goes bankrupt before $1.3M trial
Nu Style Landscape & Development owes $7 million. Lawsuits may cost it even more.
Retired Bronco Peyton Manning spends $5M on second Cherry Hills home
Manning said he’s buying the home as an investment.
Retired home builder Larry Larsen lists Wash Park home for $3 million
Larry Larsen and his wife are moving to Montana.
Metro Denver home sales drop but homebuyers aren’t seeing any relief
The median or mid-point price of a single-family home sold last month was $640,000, which is down 1.5% from August and up 1.6% from a year earlier.
Failed Dillon condo project in ‘precarious’ spot after low $13M bid
The top offer isn’t enough to make lenders and builders whole, let alone condo buyers.
Terrell Davis pays $3.3M for Cherry Hills mansion
Davis retired in 2002 and moved his family to Denver in 2022 after a long broadcasting career.
Kentwood acquires smaller firm doing commercial, residential deals
The deal with Kyle Malnati’s Calibrate Real Estate gives Kentwood six more brokers.
Cherry Hills sells residential lot near municipal buildings for $4M
The undeveloped 90 Meade Lane property went for nearly $400,000 over asking.
Garage door installer files for Chapter 11 bankruptcy
American Overhead Door, founded in 1985, did $8 million in revenue last year.