@Jimi77 is Colorado a sanctuary state? Is the right wing media blown out of proportion?
Denver is a sanctuary city. As a matter of fact Denver has taken to busing immigrants into other town/cities, so surrounding local govt's have started passing anti-sanctuary acts. It is pretty bad, lots of homelessness, crime on the rise, etc.
IMHO, the poor company that owned that property got screwed, probably got screwed. It sounds like it was condemned because that was more convenient for the politicians to condemn the property than to go after the illegal immigrants/gangs. I can't say for sure because I don't spend alot of time in the hood, so I don't know anybody that lived there or knew people living there, but I'd say 100% Venezuelan gangs had infested the building. I've personally seen politicians here use condemning properties for their own purposes twice in the past, so I tend to believe that's what they did in this case.
Way back in the day I repaired CRT monitors for a guy that owned a local mall (Buckingham Square). He finally owned the place free & clear, so his rent was pure profit. However, it was an older mall, with maybe 10-20% vacancy. The city started leaning on him to get occupancy to 100% and make improvements to draw in more shoppers, increase rents, etc, which would increase tax revenues. He didn't want to do improvements or put effort into the mall; basically he was sitting on a trouble free cash cow and happy with the income it provided, so he refused. The city condemned the mall. I shopped at that mall and can say confidently there was no reason to condemn it.
In another case, I spoke to Douglas Bruce, who is responsible for getting the TABOR amendment on the ballot in Colorado. The TABOR amendment says if the state collects too much in taxes (ie tax revenue exceeds expenditures), then the state has to issue refunds rather than keep the money. Of course this pissed off the state gov't. One day I was hunting for an investment property and came across this odd ad. So I called and start talking to the guy and he's using alot of trusts and LLCs to hid ownership, so I call him out on it. He tells me he's Douglas Bruce and we start chatting. Turns Douglas Bruce was a real estate investor and owned a bunch of residential real estate. After TABOR passed they condemned all his properties and basically any time they get wind of him owning a property, they try to condemn it, cite him for code violations, etc. So he was buying properties in Trusts and flipping them quickly before the govt's got wind it and started harassing him.
So yeah, I wouldn't be surprised if the gov't decided to condemn the property rather admit their poor policy decisions had lead to an apartment building being taken over by Venezuelan immigrant gangs.