Press Release (Griffis/Blessing)
Freshwater Investments has acquired Woodside Townhomes – a 72-units townhome community located at 3562 Lenoso Terrace, Colorado Springs, CO. The transaction, with the sale price of $6.4M, closed on December 29, 2015.
Built in 1986, Woodside Townhomes had been well maintained by a single owner for more than two decades, and was 100% occupied at the time of the purchase. The property is comprised of large, two bedroom townhome-style units with an average unit size of 985 square feet. It is a truly unique investment opportunity as each unit is separately parceled and individually metered for utilities.
Alex Rozenfeld, Freshwater Investments Founder and Managing Partner, commented: “This marks our first acquisition in Colorado and is a powerful addition to our multifamily portfolio. We’re thrilled to partner with Griffis/Blessing, Inc. and leverage their expertise in managing our property, as they are a recognized leader and the largest property management firm in Colorado. We will continue looking for opportunities to expand into this market as we see growth potential here."
Transaction financing was provided by Freddie Mac with the assistance of Adam Parker, Principal at Newmark Realty and Cooper Williams, Principal at Essex Financial Group. The seller was represented by Jake Young of CBRE, Denver.
Founded in 2015 in California, Freshwater Investments is a real estate investment firm creating opportunities for private investors to diversify portfolios and gain attractive returns through co-ownership of multifamily housing properties.
-- Craft Beer Authority kicks off 40th anniversary year with February Explorer Series featuring selections from Odell --
Old Chicago Pizza & Taproom, a traditional casual dining restaurant known for its expansive selection of craft beers, announced today it has partnered with Odell Brewing Company for its February Explorer Series, which begins on February 10. Old Chicago’s Explorer Series launched last year, with each installment offering selections from a featured brewing company and a collaboration beer that captures the most unique flavors in the craft beer world.
In honor of Old Chicago’s 40th anniversary year, the brew team collaborated with Odell to create a mouthwatering ale that will satisfy any sweet tooth. Inspired by and crafted from one of Old Chicago’s most sought after menu items, the Big Cookie, this distinctive ale is fondly referred to as “OC’s Big Cookie A La Mode” and is a vanilla brown ale made with dark roasted malts and vanilla, infused with slightly sweet chocolate and vanilla for a smooth lingering finish.
“We’re celebrating Old Chicago’s 40th anniversary this year, so to kick of our 2016 Explorer Series with one of our favorite breweries is a real treat for us,” said Jason Murphy, Old Chicago’s brand manager. “This is the second time we’re working with Odell, and once again our teams banded together to create a collaboration ale that I know our guests will love. We looked to our own menu for inspiration and knowing that our customers can’t seem to get enough of our Big Cookie dessert, it was a no brainer to incorporate that into a sweet ale we call OC’s Big Cookie A La Mode.”
In addition to OC’s Big Cookie A La Mode, the series will also feature other selections from Odell, and will be available until the tap runs out. Selections include:
Runoff Red – A complex red IPA made with dark crystal malt and Columbus and Chinook hops with strong toasted malt backbone and notes of citrus and pine from the dry hopping. Finishes slightly bitter but surprisingly balanced for an IPA.
Lugene – Inspired by the owner of an old, beat-up truck that hauls away the spent grain at Odell Brewery, Lugene is a chocolate milk stout brewed with milk sugar and milk chocolate. The rich and creamy brew is reminiscent of a cold glass of chocolate milk and pays homage to the truck owner Lugene, a local farmer who’s been feeding his dairy cows the hearty malt for over a decade.
90 Shilling – A smooth and complex medium-bodied amber ale with a distinct burnished copper color and a deeply pleasant aroma. The name 90 Shilling comes from the Scottish method of taxing beer. Only the highest quality beers were taxed 90 Shillings. It’s brilliantly refreshing and worth every Shilling.
As an added perk, guests who try the Odell selections will be able to take home their very own commemorative 40th anniversary pint glass for just $2.
About Old Chicago
Old Chicago Pizza & Taproom (Old Chicago) is a traditional, casual dining restaurant specializing in Chicago-style pizzas, taproom classics and craft beer. Founded in 1976, Old Chicago operates in 22 states with more than 100 restaurants. With over 30 craft beers on tap, Old Chicago is also the home of the World Beer Tour, which rewards members for enjoying 110 of the best craft beers from across the globe. Visit www.oldchicago.com to learn more and to find the restaurant nearest you. For information about franchise opportunities, visit www.ocfranchising.com.
CraftWorks Restaurants & Breweries, Inc. is the largest craft brewery restaurant operator in the country with nearly 200 franchised and company-owned restaurants primarily operating under the Old Chicago Pizza & Taproom, Gordon Biersch Brewery Restaurants and Rock Bottom Restaurants & Breweries brands. As a leader in the craft beer focused casual dining segment, CraftWorks also operates strong regional brands, and employs more than 12,000 people throughout the U.S. All of CraftWorks’ restaurant brands have innovative menus with made-from-scratch food and a vast selection of unique craft beer, as well as unbeatable service and loyalty programs with over a half-million active members. Based in Broomfield, Colo., CraftWorks is not only committed to serving its loyal guests, but also the communities in which its restaurants operate. The CraftWorks Foundation has contributed millions of dollars, positively impacting communities throughout the country. For additional information about CraftWorks, the Foundation, and its restaurant brands, please visit www.craftworksrestaurants.com.
A new Abba Eye Care is under construction at the Markets of Mesa Ridge in Fountain, Colorado, in the Safeway shopping center, across from Advance Auto Parts and Walgreens.
From the company website:
“At ABBA Eye Care, we’re proud to provide a complete range of eye care services and procedures for our patients. We offer services from routine eye exams to laser eye surgery consultations.”
We provide our patients with personalized service using advanced equipment and the latest in optical technology. Each of our offices is focused on providing the highest levels of customer care as well as strong attention to detail. Our primary goal is to deliver on the high quality our patients have come to expect of us as the most highly-rated optometrist in our service area.”
For more information visit www.abbaeyecare.com.
This tax season, Pikes Peak Community College (PPCC) is partnering with the Denver-based Piton Foundation to provide free tax preparation assistance to low- to moderate-income families through the Tax Help Colorado program. Beginning Saturday, Jan. 30, 2016, IRS-certified PPCC accounting students will prepare and e-file tax returns free of charge for individuals with household incomes of less than $53,000 a year.
The service is quick and confidential and will be offered from 8:30 a.m. - 4:30 p.m., Saturdays, through March 19 at PPCC’s Centennial Campus, 5675 S. Academy Blvd., Aspen Building, 2nd floor Rotunda.
Tax Help Colorado has a presence on 17 college campuses and operates 26 free tax sites statewide. More than 30 percent of Colorado families are eligible to participate in the program, which was created to help alleviate the financial burden of tax preparation on these households.
Many of these families are also eligible for tax benefits such as the Earned Income Tax Credit and Child Tax Credit, and the preparers at PPCC’s site specialize in ensuring that taxpayers receive all the refunds they deserve.
In addition, for the first time in 15 years, low- to moderate-income workers can now also claim a state EITC, which is 10 percent of the federal EITC.
In 2015, PPCC students filed 775 returns, helping local taxpayers claim more than $1.6 million in state and federal refunds.
Tax Help Colorado helped nearly 10,800 taxpayers receive $20.4 million in refunds statewide, including nearly $8 million from the Earned Income Tax Credit. In addition, the program saved lower-income taxpayers nearly $2.8 million in commercial tax preparation fees.
People who are getting their taxes prepared should bring the following documents:
· All W-2, 1099s and other income-related documents.
· Proof of mortgage interest, property taxes, daycare payments, college education expenses, charitable contributions and all other tax-deductible expenses.
· For college expenses: In addition to Form 1098T from your college, you must bring your own records of expenses, paid for tuition, books, fees and supplies.
· To report health coverage, you will need one of the following forms: 1095-A, 1095-B and/or 1095-C.
· If you received a tax credit to lower the cost of paying health insurance, bring form 1095-A, which you received from Connect for Health Colorado.
· Social Security cards (or ITINs) for all family members. Photo I.D. for taxpayer is required.
· A copy of last year’s tax returns, if available.
· Bank account number and routing number to direct deposit the refund. With direct deposit, refunds are received in 10 to 14 days.
A list of all the Tax Help Colorado sites, as well as locations of other free tax assistance sites in Colorado, is available by dialing 2-1-1 (it’s a free call), visiting www.piton.org/eitc, or finding Tax Help Colorado on Facebook (facebook.com/taxhelpcolorado) and Twitter (@TaxHelpCo).
Pikes Peak Community College is in its 46th year of operation and has been accredited by the Higher Learning Commission since 1975. It is a two-year college offering 175 associate degrees and various certifications in career and technical fields. With four campuses and two military education centers in El Paso County, PPCC serves approximately 22,000 students annually.
About The Piton Foundation
The Piton Foundation, which is part of Gary Community Investments, is a private, operating foundation established in 1976 by Denver oilman Sam Gary. We are committed to improving the lives of Colorado's low-income children and their families by increasing access to quality early childhood and youth development opportunities and fostering healthy family and community environments.
The Ellen Edwards Farewell Trust has once again tabbed Griffis/Blessing, Inc to manage one of its properties. The new property, Briargate Centre, is the second shopping center and it is located at 1825-1843 Briargate Blvd in Colorado Springs. The 11,860 square foot retail center is home to seven tenants including Joey’s Pizza, Bennett Eye Vision Care and Mandarin Bistro.
Portfolio Manager, Jeremiah Nease with the assistance of Kelly De Leon, Management Assistant, and Tiffany Koschwitz, Property Accountant, will oversee day-to-day operations of the property.
“Griffis/Blessing is thrilled with the opportunity to continue to grow our partnership with an owner who we already have experience working with” says Senior Vice President, Rick Davidson, CPM®. “Jeremiah manages a property for the trust so he was the perfect fit for this assignment.”
Headquartered in Colorado Springs, CO with offices in Denver and Boise, Griffis/Blessing, Inc. currently manages over 4.3 million square feet of commercial space, and more than 8,200 apartment units. The company has provided award-winning property management and real estate investment services since 1985. For more information, visit www.griffisblessing.com.
Griffis/Blessing welcomes new management assistant, Kelly De Leon, to the Commercial Property Services group. Ms. De Leon will be assisting Jeremiah Nease, CPM®, with the daily management of a 606,070 square foot portfolio. Their portfolio varies with office, retail and medical buildings serving 108 tenants.
“We are excited to announce the addition of Ms. De Leon to the Commercial Services team,“ says Rick Davidson, CPM®, Senior Vice President, Commercial Property Services. “Her work in compliance, customer service, and administration give her a strong background that will allow her to excel in this position. She will be a great asset to Griffis/Blessing.”
Ms. De Leon graduated in 2015 from West Texas A&M with a Bachelor of Business Administration with a focus in finance, economics and management. In her spare time she enjoys reading, walking the dogs and listening to live music.
Headquartered in Colorado Springs, CO with additional offices in Denver and Boise, ID, Griffis/Blessing, Inc. currently manages over 4 million square feet of commercial space, and more than 8,100 apartment units. The company has provided award-‐‑winning property management and real estate investment services since 1985.
For more information, visit www.griffisblessing.com.