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NEWS & UPDATES
Explaining the New Governmental ROFR and ROFO in Colorado Applicable to Select Multifamily Properties
As of August 7, 2024, owners of for-rent affordable housing properties in Colorado consisting of five units or more and owners of for-rent market-rate multifamily properties in Colorado consisting of between 15 and 100 units have a new law to comply with when pursuing a sale, HB 24-1175 (the “Act”). Currently, the Act has a sunset date of December 31, 2029.
Rocky Mountain Sign Law Blog
RM Real Estate Law Blog