When considering the strength of the local commercial real estate market, one must first consider the prevailing strength in local job growth. While we aren’t creating new jobs on a daily basis, we seem to be losing far fewer jobs than in the past four years. Energy jobs have declined, partially because of low commodity […]
New HUD Regulation Helps Seniors Refinance a Reverse Mortgage Special to the Business Times from Universal Lending Two years ago, Atlanta homeowner Dorothy Williams got a reverse mortgage, which she used to pay off doctors’ bills for treatment of a back injury. “The reverse mortgage really helped me out.” says Williams, 78. “I was very […]
Juniper Family Medicine is a local, family medical practice located in Historic Downtown Grand Junction. The medical group was able to construct their building in 2011 using the SBA 504 Loan Program. Working with CEDCO representative Pat Berry, the group was able to secure an SBA 504 loan that incorporated a low down payment and […]
Phil Castle, The Business Times: Given increasing real estate activity in Mesa County, Annette Miller expects the market to hold steady in the midst of what’s typically an unsteady election year. If local economic conditions improve, so could the market. Still, foreclosure activity could affect prices, said Miller, senior vice president of Heritage Title Co. […]
A global building products manufacturer has purchased an insulation company whose operations include a factory in Fruita. Johns Manville has acquired Industrial Insulation Group and will operate ILG has a standalone company. No significant changes are planned for ILG operations, however, including the Fruita facility that employs about 100 people. ILG was formed in 2002 […]
Edward Jones, Hospice & Palliative Care of Western Colorado and JG Management Systems rank among the best companies for which to work in Colorado. Edward Jones, a financial services firm that operates offices in the Grand Valley, ranked first among large companies with 250 or more employees in the lateEdward Jones, Hospice & Palliative Care […]
Despite a decline in foreclosure filings in July, Mesa County continues to experience the highest foreclosure rate among 12 metropolitan counties in Colorado. According to the latest statistics from the Colorado Division of Housing, 76 foreclosure filings and 57 foreclosure sales were reported in Mesa County during July. Compared to the same month last year, […]
A monthly measure of optimism among small business owners continues to reflect expectations for only sluggish growth in the months ahead. The National Federation of Independent Business (NFIB) reported that its Small Business Optimism Index slipped two-tenths of a point to 91.2 in July The latest reading continues a string of recession-level readings that have […]
A quarterly index tracking how small business owners assess their financial situations has declined even as concerns about revenues and cash flow mount. Wells Fargo and Gallup announced that their Small Business Index fell six points to 17 for the third quarter, erasing gains from earlier this year. A reading above 0 still indicates business […]
Four Alpine Bank employees have graduated from the University of Colorado Graduate School of Banking. Justin Menge, Tom Oliver, Laura Shelton and Laura Soucie each completed the three-year program. Menge has worked for Alpine Bank for six years and currently serves as assistant vice president and manager of the Delta location. He holds a finance […]