About John Rebchook

john_smallJohn Rebchook is a former Rocky Mountain News reporter with more than 30 years of experience in writing and communications... (Read More)

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Denver ties for top city in Case-Shiller report

“Housing demand is a function of employment,” Mike [...]

General contractor and subcontractors protected at Landmark/Meridian

“Should Hypo have chosen to foreclose, all of our concerns would have been wiped out,” attorney Thomas C. [...]

Hypo commits another $30 million to Landmark

The $30 million Hypo financing for the bankrupt [...]

Landmark plans to reorganize, not liquidate

Landmark open for [...]

Landmark developer updates bankruptcy

A judge in the Landmark bankruptcy trial has approved a motion to allow the developer to use $120,899 in cash for day-to-day operations.

The judge also has allowed the developer’ to pay a potential $300,000 “break up fee” to Carmel Landmark LLC, which plans to provide $15 million in financing to the high-rise [...]

Are there too many high-rise condos in the Denver area?

“Lock and leave lifestyle,” still popular among some people shopping for high-rise condominiums in the Denver [...]

Buy back guarantee probably not a factor at Landmark

Last year, the owner of the Landmark high-rise community in Greenwood Village, offered some buyers a deal that provided a bit of insurance and assurance going forward.

If they lived in their units for at least three years, and the condos had not appreciated, no worries. The developer would buy them back at the original sales [...]

Landmark going strong, despite bankruptcy

Since the ownership group of the ritzy Landmark high-rise condominium tower in Greenwood Village filed for bankruptcy this week, Rike (pronounced Rick)  Palese has met with about two-thirds of the 139 buyers at the European-styled community, and all of the retail tenants and the 24 buyers who have units under contract.

“So far, so good,” Palese, [...]

Will developer buy back at Landmark pay off?

Last year, the developer of the European-styled, high-end Landmark Towers in Greenwood Village, unveiled what seemed to be an innovative marketing plan.

The developer agreed to buy back some of the units at the purchase price, after the buyer had lived there for at least three years.

On Sunday, the developer of the high-rise at Interstate [...]

Landmark a success despite bankruptcy

Despite the bankruptcy proceeding involving the ritzy, European-style  Landmark tower in Greenwood Village, the project has done well,  a spokeswoman for the developer said today.

“Our position is that we have been able to sell 139 units, which is $95 million in residential sales,” said spokeswoman Sandra Laws. “It has been a terrific success. We do [...]