Business Monday briefs: Senior tax help available; Tree Farm Lofts secure $54.5M in financing; Christy Sports recognized
Free tax assistance program
High Country RSVP (Retired Senior Volunteer Program) can prepare and e-file simple federal and state income taxes free of charge for seniors, veterans, individuals with disabilities and those with incomes less than $60,000 per year. Appointments are required and available in February in Glenwood Springs, Rifle and Parachute. Call 970-384-8740 to schedule an appointment.
Tree Farm Lofts gets $54.5M in financing
Dallas-based Realty Capital Residential and Lang Partners announced they secured a $54.5 million construction loan for the Tree Farm Lofts development in Basalt. The 196-unit, six-building, multifamily community is located across Highway 82 from Willits Town Center at the Tree Farm.
JLL Capital Markets helped secure the construction financing provided by Andy Kolos, head of Wintrust’s Denver Commercial Real Estate Office, according to a news release.
Tree Farm Lofts is a part of the 40-acre Tree Farm mixed-use development that will include shops, restaurants, offices, condos, senior living residences and a Hilton Tapestry Hotel.
“The location of the development is unmatched, and entitlements for a housing project of this size are extremely rare,” said Alexander Brown, president of Realty Capital Residential. “Tree Farm Lofts will be a landmark development within the Roaring Fork Valley for years to come.”
Construction of Tree Farm Lofts is underway, and residences will be available for move-in July 2024.
Christy Sports recognized
Lakewood-based Christy Sports, which has locations throughout Colorado and the Western Slope, including in Snowmass Village, recently was recognized in ShoppingGives’ 2022 Social Impact Awards, earning the top spot for “Adapting to Good” for taking up causes such as donating to victims of the Marshall Fire.
“As part of our corporate social responsibility, we partnered with Shopping Gives to enable us to contribute to causes that matter most to our employees, our customers and the broader communities we serve and directly connects to one of our Core Values, Be Good Humans,” the company said in a statement. “We appreciate the recognition by Shopping Gives for our efforts, but more importantly knowing we are making an impact by supporting different organizations like Community Foundation of Boulder County to provide aid to those who lost their homes in the Marshall fire, US Ski and Snowboard athletes heading to Beijing next month and giving a more diverse group of children the chance to experience skiing and snowboarding through the Share Winter Foundation.”
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A 5,100-square-foot home in east Aspen sells for $12.1 million, making it the biggest deal in town last week.