On the Market: 2 earn owner status at Colorado Group Realty
June 13, 2010
Steamboat Springs — Dean Laird and Eliese Pivarnik are the newest broker/owners at Colorado Group Realty, Steamboat Springs' largest independent real estate company.
Laird has worked in the real estate industry since 1996, in the resort markets of Columbia River Gorge, Ore., and Dillon and in Steamboat Springs since 2001.
A Colorado native, Laird obtained a Bachelor of Science degree in industrial technology with an engineering certification from Colorado State University. His work history includes computer-aided design, the boating industry and construction management.
"The owners and associates at Colorado Group work well together sharing their knowledge and expertise as a group. We combine resources to offer the best services to our customers," Laird said. "My ski-in, ski-out office location at the Sheraton Resort is also a plus."
Pivarnik and her family moved to Steamboat in 2004 to take advantage of the Colorado mountain lifestyle. She has worked in the Steamboat real estate market since 2005. She holds a degree in business management and a background in sales.
"Dean and Eliese are two of our more tech-savvy brokers, and we couldn't be more excited to have them join our ownership group," said Scott Wither, a broker/owner and a member of the board of directors at Colorado Group.
Butler and partners bid on Sheraton in 2007
Alpine Mountain Ranch and Club co-developer Bill Butler revealed during a reception Tuesday at the Strings Pavilion that he and some partners made a play for the Sheraton Steamboat Resort but were outbid by Starwood Hotels and Resorts Worldwide.
Butler's construction company, Corporex, has a hotel division that manages flags such as Marriott Courtyard, Hilton Garden Inn and Hyatt Place.
His team evaluated the Sheraton in early 2007, decided what they thought it was worth and then bumped their offer to $38 million because they figured they'd have to pay a premium to acquire the property. They were taken aback when Starwood stepped in to buy the hotel for $57 million in May 2007.
Association of Realtors praise FHA loans bill
The National Association of Realtors praised the House of Representatives for overwhelming passage of Federal Housing Administration reform legislation that would allow the FHA to adjust monthly premiums on mortgage insurance.
The bill, HR 5072, FHA Reform Act of 2010, would strengthen the FHA loan insurance program while keeping it available and affordable to responsible homebuyers, a National Association of Realtors spokeswoman said. Allowing the FHA to raise the monthly insurance premium would let the FHA lower the upfront premium that places a burden on cash-strapped borrowers at closing.
"As the leading advocate for homeownership and housing issues, NAR is very pleased that FHA will be allowed to play its intended countercyclical role to provide qualified borrowers with access to prime credit. FHA is a critical part of our nation's economic recovery," NAR President Vicki Cox Golder said.
En route to the bill's passage, the House defeated an amendment that would have increased the FHA down payment from 3.5 percent to 5 percent, which would have disenfranchised more than 300,000 potential homeowners and would not have contributed significantly to FHA cash reserves.
"The current 3.5 percent down payment represents a significant financial commitment and sufficient investment to ensure a borrower's seriousness about homeownership," Golder said. The proposed change could have had an especially harsh impact on African American and Hispanic borrowers, who traditionally have lower accumulated wealth and have benefited from the opportunities offered by fully documented, standard FHA loans with low down payments.