Investors Purchase Foreclosed Weld County Real Estate

Lenders recover nearly 60% on foreclosures:
U.S. lenders recovered almost 60 percent of the loan value for properties that were foreclosed in 2009, according to an analysis by Real Capital Analytics. The New York firm said lenders recovered $1.9 billion on 145 defaulted commercial mortgages totaling $3.2 billion.
Go to Article (denver business journal)

Oct. 19 (Bloomberg) — The Federal Deposit Insurance Corp. failed to enforce its own guidelines:
Oct. 18 (Bloomberg) — Homebuilders and real-estate agents were probably busier in September, and the index of leading indicators increased, adding to evidence the next U.S. expansion has begun, economists said before reports this week.
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The Group Inc. selects Breckenridge real estate exec as CEO:
The Group Inc. Real Estate has gone outside Northern Colorado to choose its next president. Eric Thompson, the managing broker of Slifer Smith & Frampton Real Estate in Breckenridge, has been selected to lead the region’s largest real estate company.
Go to Article (Loveland Reporter-Herald)

Investors snap up foreclosed Weld County real estate:
It’s not often that Windsor developer Martin Lind puts up a white picket fence or bothers to rehab an unsightly old tree stump into a specialty wood carving. He’ll do that and more, though, after buying up four foreclosed properties in downtown Greeley to reap the benefit of a college rental. Until now, the Windsor commercial developer hadn’t put much thought into residential rentals after spending years developing and leasing commercial projects throughout northern Colorado.
Go to Article (Greeley Tribune)