Not on the market very often, two-bedroom lock-off on the slope side of the building. Offers great views and great sunshine. Nice condition. 2005 gross equialized revenue for these units was $52,823.

View Complete Listing

By Bob Berwyn
Summit Daily News
5/31/06

BRECKENRIDGE - After taking a big hit during the post-9/11 economic slump, the local conference business is perking up and returning to earlier levels, says Bruce Horii, director of sales and marketing at the Beaver Run Resort and Conference Center.

To keep pace with that growth, Beaver Run is in the midst of a $3.5 million renovation that will up the level of comfort and convenience for the resort's guests, Horii said.

"We're going to be coming out of this with a new lobby bar, a new aprés ski bar and cafeteria," Horii said, explaining that the work essentially encompasses a demolition of the existing Copper Top bar and Tiffany's. The Copper Top replacement should be done before Thanksgiving, he said.

The Copper Top will be extended and probably renamed and Tiffany's will become more of a high-end lounge type area, ideal for quiet wine and martini sipping, Horii said. The apres-ski action will move from Tiffany's to the new Copper Top, he added.

The resort will also be adding a new 2,500-square-foot ballroom, with balconies and views up to the slopes of Peak 9, adding to the potential for wedding and reception business.

Find Out More »

By Mindy Fetterman
USA TODAY
5/19/06

Baby boomers love their real estate. So much that they're counting on it to help them fund retirement. Since most of them haven't saved much, they'll probably need it.

One in four Americans born from 1946 to 1964 own more than one property, according to a survey of nearly 2,000 boomers done this spring by Harris Interactive for the National Association of Realtors. They're also much more likely than the total U.S. population to own their primary residences.

Boomers have "an almost insatiable desire for real estate," David Lereah, the NAR's chief economist, said in a statement. They see real estate as "a way to build and protect a nest egg."

Boomers own 57% of vacation homes and 58% of rental property, according to the NAR. Beyond their primary residences, 13% of boomers own vacant land, 8% own rental property, 7% own a vacation or seasonal home and 2% own commercial real estate.

Find Out More »