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Golden mobile home residents to buy park from out-of-state investors

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Golden mobile home residents to buy park from out-of-state investors


For years now, Contact Denver7 has advised you about out-of-state buyers shopping for cellular dwelling parks and instantly elevating rents. Now, a group in Golden is taking issues into their very own palms.

They’re shopping for again their property, partially, thanks partially to some assist from the Metropolis of Golden.

Pat Martinek has been combating to remain in her dwelling at Golden Hills Cell House Park, even after lot rents doubled in lower than two years.

“We’re simply looking for methods to make it reasonably priced for us. As a result of we have already misplaced fairly a couple of as a result of they could not afford even the earlier lease will increase,” Martinek advised Contact Denver7.

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The Golden Hills Cell House Park was purchased in November 2021 by Concord Communities, an out-of-state investor that has since raised lot rents twice. It has compelled residents on fastened incomes, equivalent to Gordon Gumble, to make powerful selections.

“It signifies that my Social Safety would not fairly cowl every little thing anymore,” stated Gumble. “And I’ve needed to in the reduction of on meals I eat. I am unable to dwell as excessive on the hog as I used to.”

Residents at Golden Hills have shaped a co-op, with the objective of shopping for the park themselves. Nonetheless, three earlier presents have fallen via.

A fourth provide has been accepted and is anticipated to shut by the tip of July, in line with Concord Communities.

Tim Townsend is with Thistle ROC, a nonprofit serving to cellular dwelling parks transition from non-public homeowners to resident-owned communities (ROCs). He stated Golden Hills may very well be a mannequin for different communities going through steep lease will increase.

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“What we sometimes see is {that a} purchaser is available in and begins a lease improve if they will,” stated Townsend. “These lease will increase have displaced households, and our objective with forming extra residential communities is to keep away from that displacement and begin creating extra of an reasonably priced housing possibility, long-term.”

In a press release to Contact Denver7, a Concord Neighborhood spokesperson wrote, “This chance is a win/win, and we could not be happier for everybody concerned.”

However there’s a catch. If the residents purchase the property, rents will go up once more.

“They do want further funding at this level to maintain these rents reasonably priced as the acquisition goes ahead,” stated Laura Weinberg, the mayor of Golden.

The town has already dedicated to investing $1 million to assist within the residents’ buy of the property, however metropolis employees is now recommending a further $1 million towards the mortgage to restrict the rise in lease.

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The mayor is hoping different companies will step as much as assist residents with reasonably priced housing funds.

“I do know it’s a precedence,” stated Weinberg. “I additionally know that we hope to proceed conversations with Jefferson County, who additionally has funding obtainable for housing.”

Residents are frightened about the opportunity of one other lease improve, however are hopeful the acquisition will deliver stability and a way of safety.

“We’re very hopeful, and the Metropolis of Golden has been fantastic. We hope that may proceed,” stated Martinek.

Editor’s observe: Denver7 seeks out viewers ideas and suggestions to assist folks in want, resolve issues and maintain the highly effective accountable. If you realize of a group want we are able to tackle or have a narrative thought for our shopper investigates workforce to pursue, please electronic mail us at contact7@denver7.com or or name (303) 832-7777. Discover extra Contact Denver7 tales right here. You too can use the shape under to request assist from Jaclyn Allen and the Contact Denver7 Staff.

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Need assistance with a shopper downside? Ship it to Jaclyn Allen and the Contact Denver7 workforce

Use the shape under to ship us a remark or story thought to the Contact Denver7 Investigates Staff. You too can electronic mail Contact7@denver7.com or name our newsroom at 303-832-0200.





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Warriors Reportedly Interested in Signing Denver Nuggets Champion

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Warriors Reportedly Interested in Signing Denver Nuggets Champion


The Golden State Warriors have a major offseason ahead with hopes of building a championship-level roster around Stephen Curry. That’s been obvious for the last few years, but Golden State should be even more aggressive this summer after a brutal second-round exit in this year’s playoffs.

The Warriors took a major step in that direction after acquiring Jimmy Butler at the trade deadline. However, there are still problems to be fixed within the roster, which means they’ll be a team to watch this offseason.

Brett Siegel of ClutchPoints reported that one ex-NBA champion should be a major name to watch in free agency. Former Denver Nuggets wing Bruce Brown could be looking to join an elite playoff team after years with the Toronto Raptors, Indiana Pacers, and New Orleans Pelicans.

“Adding depth on the wing is also an essential part of the Warriors’ offseason plans,” Siegel wrote.

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“Andrew Wiggins was a player who could be a shooter off the ball on the wing and also create scoring opportunities for himself. The Dubs hope to find another player like that who can wear many different hats on the wing and help be a lead secondary scoring threat. Caris LeVert and Bruce Brown are two names to keep an eye on in this regard for Golden State.”

Brown averaged 8.2 points, 4.2 rebounds, and 2.4 assists this past season. If given the right opportunity, the 28-year-old could be a high-impact player on a contender. He’s known for his ability to fit in a specific role on offense but provide suffocating defense on the other end.

Steph Curry Reveals Plans After Golden State Warriors’ Elimination

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Former Warriors Player Could Make Unexpected Return Next Season

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Denver Nuggets Star Shares Bittersweet Message on Potential Trades

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Denver Nuggets Star Shares Bittersweet Message on Potential Trades


The Denver Nuggets recently had their season ended by the Oklahoma City Thunder, as their hard-fought series ended in seven games, with the Thunder blowing them out as a result. A season that featured highs like Nikola Jokic’s MVP campaign but also featured lows like firing their head coach and general manager, change could be on the way to Denver this summer.

Even though the Nuggets were able to get strong production from their inexpensive contracts like Russell Westbrook, Christian Braun, Julian Strawther, and Peyton Watson, the same can’t be said about their four highest-paid players. The one that perhaps was the biggest letdown was Michael Porter Jr, who shared a bittersweet message after the loss.

“Everyone in this locker room means a lot to me,” Porter said according to The Denver Post. “I’m not sure if it’ll be the same exact group next year. But whatever’s next for me, whatever’s next for this team, I know that the guys will be ready for it.”

Porter Jr. averaged 18.2 points per game during the regular season, but averaged just 7.4 points and 5.3 rebounds during Denver’s second-round loss to the Thunder. While he was dealing with a shoulder injury, his performance did not match his $35.8 million price tag.

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Nuggets forward Michael Porter Jr

May 9, 2025; Denver, Colorado, USA; Denver Nuggets forward Michael Porter Jr. (1) before the game against the Oklahoma City Thunder during game three of the second round for the 2025 NBA Playoffs at Ball Arena. Mandatory Credit: Ron Chenoy-Imagn Images / Ron Chenoy-Imagn Images

If Denver decides to look at trading Porter Jr. away, this recent playoff run definitely hurts his trade value. He has two years, $79 million remaining on his contract starting next season, and has shown he can be a high-level shot-maker over the past three seasons. His price tag will limit Denver’s options on the market, and they are probably better looking to replace him with a pair of role players.

Nuggets Star Calls Out NBA After Steph Curry, Jayson Tatum Injuries

Ex-NBA Player Reveals Which Nuggets Player Must Be Traded

NBA Announces Jalen Williams Punishment Before Thunder-Wolves Game 1



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Denver again delays decision on $800 million expansion of National Western Center

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Denver again delays decision on 0 million expansion of National Western Center


Denver again delayed making a decision over whether to spend $800 million over 35 years on an expansion of the National Western Center in a close-call vote that split the City Council on Monday evening.

The two-week postponement comes as community advocates say they need more time to analyze the agreement and to try to negotiate for additional investment in the surrounding Elyria-Swansea neighborhood from the National Western Center Authority — the group that operates the facility.

The advocates say they want to see an additional $16 million lump sum for the community investment fund under an agreement they’re developing with the National Western Center Authority.

“We can address some of the questions that have been unanswered and we can possibly negotiate some more revenue or some more benefits for the community investment fund with these two weeks,” said Alfonso Espino, one of the community advocates.

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The National Western Center Authority says they can’t afford to pay that. They estimate that under the current terms of the agreement, they are already planning to dedicate at least $22 million to the community investment fund over the next 35 years through various measures.

“We get up every day to create community benefit,” said Brad Buchanan, CEO of the National Western Center Authority. “Every decision we make is looking through the lens of community benefit.”

In a 7-5 vote, the council decided to postpone the vote until June 2. City officials say it’s unlikely that the agreement between the entities will change during that time. Espino argues that even if that’s true, they’ve successfully gotten concessions from previous delays.

“We feel that it’s important to make the gesture,” Espino said.

Council members Serena Gonzales-Gutierrez, Flor Alvidrez, Sarah Parady, Paul Kashmann, Amanda Sandoval, Stacie Gilmore and Jamie Torres voted in favor of the postponement.

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“I’m asking for a little bit more time so that his conversation can continue,” Gonzales-Gutierrez said when proposing the postponement.

Council members Chris Hinds, Darrell Watson, Amanda Sawyer, Diana Romero-Campbell and Kevin Flynn voted no.

“I will continue to fight for more funds to go to (community investment fund),” Watson said. “I also know that in two weeks, the response that’s going to come back to the community is that there is not going to be a $16 million dollar lump sum.”

This is the second time the council has postponed the vote in two weeks. If they don’t take action on it June 2, it will automatically be approved.

The National Western Center Authority said they’ve already agreed to several community benefits, including a 4,000-square-foot community center and 5 acres of open space. They also plan to set aside 1% of all their hotel fees to go toward the fund and will offer all attendees the ability to round up their purchases to donate to the fund.

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They say they will continue to look for other ways to donate to the fund. The dollars will be used for anti-displacement measures in the community to prevent gentrification caused by from the project.

Several council members who ultimately voted no said they agree with the efforts from the advocates to try to protect their community.

“You are right. You have been displaced, you have been marginalized, you have lived in one of the most polluted zip codes in the state,” Sawyer said. “I’m just not sure that the language of this agreement is going to change any in two weeks.”

The project represents the next stage of a massive project on the 250–acre campus, which has been under redevelopment since 2019. The city and its partners in the project want to expand the facility into a year-round exhibition with agricultural education and entertainment.

The public-private partnership chose Community Activation Partners, a consortium of contractors, as the developer. That group includes Fengate Asset Management, Hensel Phelps Construction, McWhinney Real Estate and Sage Hospitality.

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The plan would include building a 4,500-seat equestrian center, a 570-stall stable, a 160-room hotel, 30 to 40 units of workforce housing and 580 parking spaces.

The principal cost is estimated to be $400 million and would be financed over 35 years through annual payments of up to $23 million. Without any refinancing, that would amount to about $800 million.

It would be paid for from revenue from Ballot Measure 2C, a 2015 voter-approved measure that permanently extended taxes on hotels and car rentals to support the National Western Center.

Construction would begin this fall with a goal of completion by 2028.

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