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<blockquote data-quote="Jimi77" data-source="post: 8920570" data-attributes="member: 673702"><p>[USER=664335]@Eggs[/USER] </p><p></p><p>Here's the latest news on the apartments that were taken over TDA in Aurora. Funny how this paper says there is no evidence that the apartments were taken over by TDA; Aurora Sentinel used to be less biased. I guess we're supposed to ignore what we saw with our 2 eyes; those guys banging on doors with guns in hand were actually the property management company. They just have a zero tolerance policy on late payments. The property managers were also probably responsible for stealing and stripping cars in the streets in the area. </p><p></p><p>Anyway, the city condemned and seized the apartments and now they've sued/settled with the owners for I'd guess $500k. So the owners not only lost the property without compensation, but have to pay the city for taking the property, because the property got taken over by gangs because Denver is a Sanctuary City and Aurora decided not to enforce the law. So who the fudgsicles is going to invest in apartments in these rougher neighborhoods? Who would even invest in a marginal neighborhood; 10-20 years later, the neighborhood goes south and the city uses it as an excuse to grab your property - F that. My guess is they want to go "Mamdani" and the city(s) will just keep condemning and seizing property because gov't housing is awesome sauce. </p><p></p><p> </p><p>[URL unfurl="true"]https://sentinelcolorado.com/metro/aurora-settles-800k-lawsuit-with-shuttered-edge-at-lowry-apartment-owners/[/URL]</p></blockquote><p></p>
[QUOTE="Jimi77, post: 8920570, member: 673702"] [USER=664335]@Eggs[/USER] Here's the latest news on the apartments that were taken over TDA in Aurora. Funny how this paper says there is no evidence that the apartments were taken over by TDA; Aurora Sentinel used to be less biased. I guess we're supposed to ignore what we saw with our 2 eyes; those guys banging on doors with guns in hand were actually the property management company. They just have a zero tolerance policy on late payments. The property managers were also probably responsible for stealing and stripping cars in the streets in the area. Anyway, the city condemned and seized the apartments and now they've sued/settled with the owners for I'd guess $500k. So the owners not only lost the property without compensation, but have to pay the city for taking the property, because the property got taken over by gangs because Denver is a Sanctuary City and Aurora decided not to enforce the law. So who the fudgsicles is going to invest in apartments in these rougher neighborhoods? Who would even invest in a marginal neighborhood; 10-20 years later, the neighborhood goes south and the city uses it as an excuse to grab your property - F that. My guess is they want to go "Mamdani" and the city(s) will just keep condemning and seizing property because gov't housing is awesome sauce. [URL unfurl="true"]https://sentinelcolorado.com/metro/aurora-settles-800k-lawsuit-with-shuttered-edge-at-lowry-apartment-owners/[/URL] [/QUOTE]
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