C3 Real Estate Solutions and Will Malizia | The Best Real Estate Experience On Every Level

When You Partner With Will, You Also Partner With Northern Colorado’s Highest Rated and Fastest Growing Real Estate Firm, C3 Real Estate Solutions.

Without question, your home is the biggest investment you will probably ever make, and listing with a team you trust to capitalize on that investment is a key part of a successful transaction. To achieve that goal, Will and his dedicated team are committed to these three things: Character. Culture. Commitment. They are the cornerstones of the C3 Real Estate Solutions dedication to service at the highest levels.

With offices in Loveland, Fort Collins, and Greeley, C3 Real Estate Solutions is a full service real estate firm specializing in bringing buyers and sellers together by integrating the highest level of personal service and knowledge with state-of-the-art technology and community involvement.

Want to learn more or schedule your initial consultation with Wlll? Click Here to be directed to WithWillTheresAWay.com’s homepage and get on the fast track to a successful real estate experience.


Commercial Property News : Greeley apartment complex sells for $6.7M

Should investing in a commercial real estate property be your next portfolio move?  Some experts in Northern Colorado say it should!

In an article written by and published on BizWest’s blog June 10, 2015, we learned that one Greeley apartment complex recently sold for for $6.7M!

Denver-based Cedarbridge Apartments LLC has acquired a 108-unit apartment complex in Greeley for $6.7 million, or $62,300 per unit.

Cedarbridge bought the Columbine Apartments at 3208 W. Seventh St. from Greeley-based J & J Enterprises Property Management LLC, owned by homebuilder Jeff Demaske.

Columbine Apartments is a garden-style apartment complex minutes from the University of Northern Colorado campus.

Jacob Steele, associate vice president investments, and Nick Steele, senior associate, both in Marcus & Millichap’s Denver office, facilitated the sale, which the real estate company announced Tuesday.

Nick Steele said despite the turmoil in the oil and gas industry, the Greeley rental market is one of the tightest in Colorado.

“Columbine Apartments will benefit from the strength of the market and an anticipated renovation of the property,” Nick Steele said.

For more information on investing in or selling your Northern Colorado property, visit With Will There’s A Way by Clicking Here.

With over 30 years service as a Project manager in the local commercial construction industry, Will understands the ins and outs of business and investment property buying and selling better than most in today’s industry.

Original source cited: http://bizwest.com/greeley-apartment-complex-sells-for-6-7m/

Fort Collins real estate investor competition increases


Thousands of homebuyers entered the Fort Collins real estate market as the Great Recession came to a close in 2009. Some saw renewed financial opportunity. 

About 2 percent of buyers purchased multiple homes over 5-year period in Fort Collins.

More than 12,060 homes were purchased within city during 2009-14. About 260 buyers — or 2 percent — bought more than one single-family property.

The top three buyers scooped up 26 properties for less than $300,000 each — no longer an easy task in today’s real estate market.

“When we were first coming out of the recession, people were able to find properties in high $100,000s and low $200,000s. I don’t think that’s true any more,” said Francie Martinez, past president of the Fort Collins Board of Realtors and Elevations Real Estate broker.

“I don’t think investors grabbed properties right away, but once people saw home values start to increase the market just got kind of frenzied,” Martinez said. “The market is affecting the well-qualified average and median income buyers who qualify for those same houses investors are going after. They can’t compete.”

DATABASE:Search recent home prices in your neighborhood

Fort Collins resident Richard Wilson purchased more than any other buyer from 2009 to 2014: 11 single-family properties throughout the city.

Wilson transferred ownership of seven of the 11 properties to his company Fort Collins-based Hard Way LLC. The homes ranged from $174,900 to $229,000, with the exception of a four-bedroom property on the 3600 block of Shallow Pond Road.

The Shallow Pond property was sold to Wilson in 2010 for $780,000. He declined to comment on his purchases, telling the Coloradoan, “No harm, no foul, I’m just a private person.”

The second-biggest buyers were Li-Ching Tsai and Chen Yi-Show. Tsai and Yi-Show purchased nine homes in Fort Collins ranging from $190,000 to $237,442. Recycled Properties LLC was the third-largest buyer. The company purchased six homes in 2014 and one in 2013, ranging from $163,500 to $275,000.

Recycled Properties sold two of those seven properties in Fort Collins from 2009-2014. The average sale price was 55 percent higher than the purchase price creating a $243,870 net profit.

Recycled Properties is an affiliate of Windsor-based Pickett Properties Investments, a company registered to Heath Pickett. Pickett, Tsai and Yi-Show declined to return calls from the Coloradoan.

INTERACTIVE MAP:Compare home prices in Fort Collins neighborhoods

A Coloradoan analysis of single-family home sales show the average sales price for a single-family detached home in Fort Collins in 2014 was $325,044, up 15.3 percent over two years. In 2012, the average sales price was $281,945.

“It was financially smart to buy before the recent increase in home prices,” Martinez said. Now investors or competing with typical buyers for homes listed under $300,000. The situation is intensified by lack of new homes coming on the market in that price range.

“I don’t think you can build under $300,000 anymore in Fort Collins,” Hartford Homes President Landon Hoover said.

‘Tough picture’

From 2011-2014, Encore Homes — an affiliate of The Hartford Companies — sold 227 homes in the Dry Creek subdivision. The houses in north Fort Collins sold for an average of $227,579 each.

“Within 28 months we built and sold the homes,” Hoover said. “It’s definitely the fastest selling subdivision we’ve ever had.”

The company was able to sell the homes for less than the area average because tap and sewer infrastructure already existed in the Dry Creek project. The infrastructure was present from when Dry Creek housed a mobile home park. The park closed in 2006 displacing 130 families.

PROPERTY TAXES: Taxes jump along with home values

Encore Homes was the second-largest seller of homes from 2009-2014, behind only Journey Homes. The Greeley-based company sold 461 homes in Fort Collins in that six-year period for $239,490 on average.

Encore is in the process of developing the Timbervine neighborhood just east of Dry Creek. The company expects homes in the area to be more expensive than the earlier project.

“Planning process costs have gone up,” Hoover said. “Fort Collins is one of the most expensive places to develop. That added costs translates into a beautiful city, but also translates into higher home prices.”

In addition to planning fees, construction, infrastructure, material, water and other costs have also increased.

The overall cost trend for an average 2,300-square-foot home in Fort Collins, including land, fees, taxes, building material and labor, has gone from about $195,000 in 2000 to $278,400 in 2013, according to a preliminary city-sponsored study done by Economic & Planning Systems Inc., or EPS, of Denver.

“It’s a combination of a lot of things,” Hoover said. “It’s a tough picture for affordable housing.”

Source: Growth & data reporter Adrian D. Garcia can be reached at 970-224-7835 or Twitter.com/adriandgarcia.

Visit: WithWillTheresAWay.com for all of yourFort Collins Real Estate needs. 
Will Malizia is a licensed Colorado real estate broker at C3 Real Estate Solutions in Loveland, CO.

Real Estate News: Hotel developers, city of Fort Collins working on plan for 300-space parking structure

  FORT COLLINS — City officials and developers of a proposed hotel in parking-challenged downtown Fort Collins are discussing the possibility of sharing the cost of building a three-level, 300-space parking structure next to the hotel

Several in attendance Thursday evening at a neighborhood meeting for the project expressed they wanted the largest parking structure possible to be built.

Jeff Mihelich, Fort Collins’ deputy city manager and chief operating officer, told the 45 people attending the meeting Thursday evening that the city is very interested in helping developers build the structure that would have 100 spaces designated for the hotel and 200 spaces for public use.

Fort Collins-based Bohemian Cos., Loveland-based McWhinney Real Estate Services Inc., and Sage Hospitality in Denver plus other investors are teaming to build the five-story, 162-room Fort Collins Hotel at 354 Walnut St. The site is bordered by Walnut, Mountain, Jefferson and Chestnut streets. It nestles up to, but is not included in the Old Town Historic District and the city’s River District, which recently updated its design rules.

Preliminary plans called for a 98-space surface parking lot next to the hotel at 363 Jefferson St. That number would meet the city’s requirements for a hotel that size, said Seth Lorson, a city planner who is the point man for moving the project through the planning process.

Matt Robenalt, executive director of Fort Collins’ Downtown Development Authority, which builds public-private investment partnerships to benefit the central business district, said the DDA is ready to explore a partnership. Following the meeting, Stu MacMillan, Bohemian Cos. director of real estate and a member of the city’s Parking Advisory Board, said the developers are very interested in working a deal to provide more parking.

Lou Bieker of Denver-based 4240 Architecture who will serve as the lead architect, said the design will blend with the character of existing buildings , such as the Mitchell Building across the street, but with a modern twist. While specific details of exterior design have not been determined, he said in general the design will feature richly detailed uses of stone and brick. “We envision it as a grandiose building serving as a beacon,” he said. The ownership group has not selected a hotel brand, but Bieker said whichever brand is selected it will not influence the building’s design.

McWhinney recently submitted documents to the city for a preliminary design review that show approximately 3,500 square feet of ballroom/meeting space. A floor plan shows a 2,500-square-foot ballroom and two 580-square-foot meeting rooms. Plans also show a 3,100-square-foot restaurant, 3,100 square feet of retail space, a 1,500-square-foot rooftop bar, but those dimensions could be adjusted, Bieker said.

Lorson said the developers need to submit plans to the city by June 23, and city staff will begin reviewing plans July 8. The city council could approve plans by Sept. 10.

Cole Evans, a project analyst for McWhinney, said it would take about 12 months to construct the hotel. “We would like to begin construction in the first quarter of 2016 and open in 2017,” Evans said.

Representatives of Sage Hospitality, which will operate the hotel and set room rates, did not attend the meeting.
Source(s): BizWest,  June 11, 2015, by Doug Storum

The Best Real Estate Buying and Selling  Experience in Northern Colorado | Will Malizia is committed to providing you with just that. 

  Growing up in a small, rural Midwest town, Will Malizia learned the values of hard-work, honesty, respect, and integrity at a very early age. Decades later and miles away from his humble beginnings, those core values instilled so long ago have remained and are the foundation of Will’s commitment to providing his clients with THE BEST real estate experience possible. 

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