What Commission Changes Mean For Colorado Home Buyers, Sellers

Boulder officials announced Friday that the Ash House, a private student housing building on University Hill, is free of building code violations that could jeopardize tenants’ safety. The Ash House, at 891 12th St., made headlines last month after city workers told the roughly 60 student residents to vacate their apartments immediately, citing critical safety concerns.

The infectious virus, similar to Ebola, was first traced to patients in health facilities. Officials confirmed 36 cases this week. Rwanda’s Ministry of Health has confirmed that the ongoing outbreak of Marburg hemorrhagic fever has killed 11 people, with 36 confirmed cases as of this week, according to an update from the U.

Reflecting on his nearly 40 years of business, Mike Tsikoudakis spoke slowly and carefully, with a tear in his eye. “(I’m) grateful forever,” he said about his customers. “They’re always going to be in my heart. And I’m going to miss them, but it was time for me to move on.” Tsikoudakis, 72, and 68-year-old business partner Terry Vaidis are retiring and selling their Greek eatery Monaco Inn Restaurant at 962 S.

Panera Bread has closed its sole location in downtown Denver after 10 years. The St. Louis-based chain’s store at the corner of Market Street and the 16th Street Mall was closed as of Thursday morning. Related Articles Business | Long-running Denver Greek restaurant closing after nearly 40 years Business | Ultreia, Split Lip chef opening “sleazy French street food” concept Business | South Broadway tries to hold on to its funky vibe as beloved small businesses leave Business | Huckleberry Roasters adding two new locations in Congress Park, Centennial Business | Bluebird District “optimistic” despite closure of Steve’s Snappin’ Dogs, Fox Run Cafe “We’ll miss serving you from this bakery cafe,” notices posted on the doors read. The company didn’t respond when asked the reason for the closure. Restaurants and retailers along the 16th Street Mall have been struggling amidst renovations to the pedestrian and transit corridor.

This summer’s National Association of Realtors legal settlement could change who pays real estate commissions. Colorado realtors say this could create unnecessary confusion, cause buyers to spend less money on down payments, and lead sellers to limit their buyer pool unintentionally. Previously, the seller paid commissions for both the buyer’s and seller’s agents, and property listings included the commission rates. Now, the listings don’t include commission rates, and agents must sign written agreements that detail their compensation to potential buyers before offering their services. Kerron Stokes, owner of RE/MAX Leaders, said that Colorado served as a national model before the change and offered real estate contracts that empowered buyers and sellers to negotiate in clear terms and eliminated unnecessary confusion.

The Hudson’s Bay Centre office tower in downtown Denver has sold to a local buyer for nearly 80 percent less than it fetched a decade ago. Denver-based Dikeou Realty bought the 20-story building at 1600 Stout St. on Monday for $8.95 million, according to public records. That works out to about $52 a square foot for the structure, which CBRE marketing materials described as nearly 172,000 square feet.