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Gov. Polis offers Disney, Twitter new headquarters in Colorado

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Gov. Polis offers Disney, Twitter new headquarters in Colorado


In gentle of a public feud between Florida Gov. Ron DeSantis (R) and Disney and Twitter, Colorado Gov. Jared Polis (D) provided each corporations a brand new house in Colorado.

DENVER — Maybe Mickey Mouse may need to get used to dwelling at altitude.

Following criticism from Florida Gov. Ron DeSantis (R) directed at each Disney and Twitter on Tuesday, Colorado Gov. Jared Polis (D) tweeted a proposal to each corporations: Pack your luggage and transfer to Colorado.

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Polis’ tweet got here after DeSantis introduced on Tuesday morning that he is calling on the Florida state legislature to contemplate eradicating a particular district that enables Florida’s Walt Disney World to self-govern.

DeSantis broadcasts expanded particular session concentrating on Walt Disney World property

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DeSantis additionally stated on Tuesday that he is contemplating motion to fight Twitter’s activation of a so-called “poison capsule” to stop billionaire entrepreneur Elon Musk from taking on the social media firm.

“We’re going to be methods the state of Florida doubtlessly may be holding these Twitter board of administrators accountable for breaching their fiduciary responsibility,” DeSantis stated on Tuesday.

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In flip, Polis accused DeSantis and Florida of “authoritarian socialist assaults on the personal sector” that “are driving companies away”. 

Polis then went on to supply Disney and Twitter a house in Colorado, saying “we don’t meddle in affairs of corporations.”

As of Tuesday afternoon, neither Disney or Twitter had responded to Polis’ tweet. 

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Colorado

Colorado authorities shut down low-income housing developer

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Colorado authorities shut down low-income housing developer


The Colorado Division of Securities is pursuing legal action against a man whom it claims deceived investors and used the ownership of federally supported low-income housing projects to line his own pockets. 

Securities Commissioner Tung Chan announced its civil court filings against Michael Dale Graham, 68, on Nov. 12. 

Chan’s office filed civil fraud charges against Graham, and also asked for a temporary restraining order and freezing of Graham’s assets and his companies’. A Denver district court judge immediately granted both. Since then, two court dates to review the those orders have canceled; a third is scheduled for mid-January.

Graham operates Sebastian Partners LLC, Sebastiane Partners LLC, and Gravitas Qualified Opportunity Zone Fund I LLC (“GQOZF”), all of which were controlled by Graham during his “elaborate real estate investment scheme,” as described by the securities office in a case document.

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The filing states Graham collected more than $1.1 million from eight investors to purchase three adjacent homes in Aurora. The Denver-based Gravitas fund and its investors purportedly qualified for the federal Qualified Opportunity Zone (QOZ) program with the homes. Qualified Opportunity Zones were created by the Tax Cuts and Jobs Act passed by Congress in 2017. The zones encouraged growth in low-income communities by offering tax benefits to investors, namely reductions in capital gains taxes on developed properties.

A file photo of a suburban housing development in the Denver metro area. 

Paul Souders/WorldFoto & Getty Images


Graham formed Gravitas in early 2019 and purchased the three homes located in the 21000 block of E. 60th Avenue two years later. He quickly sold one of them with notifying investors, according to the case document. While managing the other two, Graham and Gravitas transferred the fund’s assets and never operated within QOZ guidelines to the benefit of its investors or the community, according to the state. 

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Gravitas also transferred the titles for the two properties to Graham privately. As their owner, Graham obtained undocumented loans from friends totaling almost $600,000. The two loans used the two properties as security. 

Gravitas investors were never informed of the two loans, according to the case document. Also, Gravitas never sent its investors year-end tax reports, the securities office alleges. 

Graham used the proceeds of the loans for personal use. No specific details were provided about those uses.

“Effectively, Graham used Gravitas as his personal piggy bank,” as stated in the case document, “claiming both funds and properties as his own. Graham never told investors about the risks associated with transferring title to himself. On September 1, 2023, he sent a letter to investors, stating that the properties ‘we own’ are doing well and generating growth due to record-breaking home appreciation. But Gravitas no longer owned the properties.

“Gravitas no longer had assets at all.” 

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Furthermore, the securities office said Graham failed to notify investors of recent court orders against him in Colorado and California. In total, Graham was ordered to pay more than $1 million in damages related to previous real estate projects.

Graham’s most recent residence is in Reno, Nev., according to an online search of public records. He evidently has previously lived in Santa Monica, Calif., and Greenwood Village.

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Colorado weather: Temperatures staying in the 60s Sunday

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Colorado weather: Temperatures staying in the 60s Sunday


Colorado weather: Temperatures staying in the 60s Sunday – CBS Colorado

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Watch meteorologist Callie Zanandrie’s forecast.

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Colorado Springs police search for missing 20-year-old

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Colorado Springs police search for missing 20-year-old


COLORADO SPRINGS, Colo. (KKTV) – Police are searching for a missing at-risk adult.

They said 20-year-old Brandon Hugney was last seen Saturday night, around 7 p.m., at the Walmart on Platte avenue.

They shared a picture of Hugney, describing him as a 6′ man last seen wearing black-framed glasses with red trim, a grey fleece, blue pajama pants and black and white slippers.

Police said he likely isn’t properly dressed for the weather and was last seen heading west behind Walmart.

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If you know where he is or see him, call police at (719) 444-7000.



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