Business briefs: Edgemont team notches another slopeside sale

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The sales team at the slopeside luxury condominium project Edgemont reports it expected to close another sale by the end of the week in addition to a closing that took place in September. That brings the building to 75 percent sold with 10 unsold residences remaining.

The new contract is on one-bedroom, 851-square-foot Unit 2504.

Stan Kroenke purchases Broken O Ranch property

Denver Nuggets and Colorado Avalanche owner Stan Kroenke, who has a home in Steamboat Springs, is the new owner of the 124,000-acre Broken O Ranch near Augusta, Mont., according to Hall and Hall real estate, which specializes in ranch properties.

The previous owner was Bill Moore.

“Bill Moore obviously had the vision, expertise and wherewithal to assemble one of the finest cattle and farming operations in the United States,” Sam Connolly, general manager of Kroenke Ranches, said in a written statement. “Mr. Kroenke looks forward to building on that incredible legacy.”

Hall and Hall has an office in Steamboat Springs, but the statement did not indicate any direct involvement by the brokers here. Hall and Hall represented Kroenke in the transaction.

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