News: Outside The Region

Capstone Cos. completes $2.06 million sale in Pueblo, CO

Pueblo, CO Capstone has closed the sale of 19-21 Amherst Ave., a 11,900 s/f multifamily property for the sale price of $2.06 million. Lee Wagner of Capstone represented both the seller and the buyer on this transaction.

This property offers a total of 16 units, consisting of 1 three bed, two bath unit, 7 two bed, one bath units, & 8 one bed, one bath units. The property offers value add opportunities through continuing renovations and increasing rents to market. The property is being delivered with updated mechanics, windows, and xeriscaping.

19-21 Amherst Ave. is located between South Prairie Ave. and Cambridge Ave. The property is within walking distance to local retail, restaurants, and the Colorado State Fair Grounds.

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Kasowitz gets dismissal of lawsuit against developer of American Dream Mall

East Rutherford, NJ Kasowitz, on behalf of the developer of the American Dream mall and its affiliates (the American Dream defendants), has secured the dismissal of state litigation brought by the project’s successor junior
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