Upbeat Economic Forecast Cheers Colorado Lawmakers: Colorado legislators say they won’t have to continue cutting services or raising fees to balance the state budget for the next year, and bills proposing further revenue increases from businesses could be tabled, after receiving a favorable economic forecast March 19.

1. April, 2010 Issue 22
Upbeat Economic Forecast Cheers Colorado Lawmakers: Colorado legislators say they won’t have
to continue cutting services or raising fees to balance the state budget for the next year, and bills proposing further
revenue increases from businesses could be tabled, after receiving a favorable economic forecast March 19.
read more here
Case-Shiller: Denver Home Prices up for 3rd Straight Month: For the third month in a row,
Denver-area home prices showed a year-over-year increase in January, according to the latest S&P/Case-Shiller
Home Prices Index. Out of 20 U.S. cities in the closely watched report from Standard & Poor’s, released March 30,
Denver was one of nine that showed a year-over-year increase in prices. read more here
162,000 Jobs Added in March, Most in 3 Years: WASHINGTON - The nation's economy posted its
largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight
month. read more here
M&As Rebound: Colorado's deals hit $8.2B in 2010 first quarter: Colorado’s merger-and-acquisition activity rose
in the first quarter, as the market continued to rebound from a slowdown in 2009. A total of 56 deals worth at least
$8.2 billion altogether closed in the first quarter of 2010, according to FactSet Mergerstat LLC, a subsidiary of Norwalk,
Conn.-based FactSet Research Systems Inc. That compares with 47 deals worth at least $199 million in the same
quarter of 2009. read more here
Colliers’ Merger Big for Denver: Colliers Bennett & Kahnweiler Inc. of Denver, one of the metro area’s
largest commercial real estate brokerage firms, soon will have a new name. As part of the deal, Colliers plans to make
metro Denver a hub for the company, according to Dylan Taylor, president of FirstService REA’s U.S. operations and
located in Denver. read more here
Economic Recovery Stirs in Grand Junction: “We’ve certainly seen a turnaround and have been doing
some hiring,” said Linda Spencer, human-resources manager at CoorsTek, one of the Grand Valley’s largest
manufacturing businesses. read more here
Developer Moving Ahead with $80M Office Complex, Hotel near Anschutz Campus: A
Kentucky-based developer is moving ahead with plans for an $80 million office building and hotel for a site on East
Colfax Avenue near the Anschutz Medical Campus in Aurora, according to the company. read more here
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