Push for City Utility in Overdrive

HIGH-TECH HEALTH MARKETPLACE AND WELLNESS Idol Minds going mobile New technology improves in video game market heart attack survival rate 5A 19A Volume 32 Issue 17 | Aug. 2-15, 2013 Push for city utility in overdrive BY JOSHUA LINDENSTEIN city told the council that the city’s [email protected] Some council members urging models for municipalization meet the requirements of the city charter and BOULDER — The city of Boul- more caution on municipalization are feasible. It came just days before a der’s exploration into creating a Federal Energy Regulatory Commis- municipal electric utility has shifted The Boulder City Council on July acquiring Xcel Energy Inc.'s distribu- sion ruling dealt Boulder’s efforts a into execution mode in recent weeks, 24 took a major step toward creating tion system, even if that meant doing minor blow but one that city staffers with some citizens and city council a municipal electric utility by passing so in condemnation court. believe can help their cause down the members arguing that the city is mov- on ﬁrst reading an ordinance autho- The move came one night after an road nonetheless. ing too fast. rizing the city to begin the process of independent evaluator hired by the ➤ See Utility, 13A

Round and round it goes Both sides Construction of Boulder Valley Velodrome in Erie under way in Dillard’s case await court ruling BY BETH POTTER [email protected]

BOULDER — The fate of the Dil- lard’s department store building in Longmont could be decided as early as Aug. 19. That’s the day Boulder District Court Judge D.D. Mallard will receive a final written closing argument in an eminent-domain case filed by Longmont officials against Dil- lard’s Inc. (NYSE: DDS), according to attorneys from both sides. Long- mont’s elected officials, acting as the Longmont Urban Renewal Authority, filed the case in May. Eminent domain is the right of a public authority to take property from a private landowner after mak- DOUG STORUM ing appropriate compensation. The Frank Banta, left, and Doug Emerson are constructing the Boulder Valley Velodrome in Erie. Banta said the decision to case was filed in connection with a build in Erie was a relatively easy one because the population is booming and young, land is less expensive than other planned $80 million shopping center cities in Boulder County, and the town has easy access to Interstate 25 to draw cyclists from Denver and Fort Collins. redevelopment on the current site of See story, 18A. ➤ See Dillard’s, 7A

CONTENTS Serving Boulder & Broomﬁeld Counties Boulder County’s Business Journal Awards ...... 27A Eye ...... 3A Bank Notes ...... 9A For the Record ...... 23A BCBRdaily ...... 2A High-tech Marketplace ...... 5A Business Digest ...... 26A Nonproﬁt Network ...... 26A Calendar ...... 26A On the Job ...... 27A Construction Quest ...... 15A Product Update...... 26A Continuing Education ...... 11A Publisher’s Notebook ...... 30A Editorial ...... 30A Real Estate ...... 28A

LISTS Cardiology Clinics ...... 20A Continuing-Education Programs . 12A 2A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com Hurrell named new director at NCAR Editor’s note: The following is a wrap- scientist of the Community Earth Solera opening in Boulder up of breaking local business stories System Model, a computer model of BOULDER – Solera National Bank published daily on the Boulder County Earth’s climate. will open a full-service bank branch at Business Report’s website. Sign up In 2011, Hurrell was named an its mortgage loan office at 1881 Ninth for our free BCBRdaily, an all local NCAR associate director and direc- St. in downtown Boulder. e-news report sent to your email each tor of the Earth System Laboratory, Solera National Bank is a subsid- weekday. Just click on “Register for which focuses on weather, climate iary of the holding company Solera E-Newsletters” at www.BCBR.com. and atmospheric chemistry research. National Bancorp Inc. (OTCQB: SLRK) in Lakewood. The bank Peyok Stroh BY BUSINESS REPORT STAFF opened the Residential Mortgage of [email protected] BCBR DAILY Colorado loan production office in of Mile High Banks, is the regional Boulder in December. Four mortgage BOULDER — James W. Hurrell Hurrell has authored more than 90 president of Northern Colorado for loan officers work there. has taken over as peer-reviewed journal articles and book Sunflower Bank. Todd Peyok, former The Solera branch in Boulder will director of the chapters and has given nearly 150 pro- manager of the Boulder market for focus on small-business lending as National Center fessional invited and keynote talks. He Mile High, will be the president of well as mortgage loans. The parent for Atmospher- has been involved in the World Climate a new branch in Boulder and Don bank opened in September in 2007 ic Research in Research and International Geosphere Stroh, former manager of the Long- and is a primarily Front Range com- Boulder, replac- Biosphere programs, as well as assess- mont market for Mile High, will be munity commercial bank. ing Roger Waki- ment activities of the Intergovernmen- president of a new Sunflower branch Posted July 23. moto, who left tal Panel on Climate Change and the in Longmont. NCAR earlier U.S. Climate Change Science Program. Sunflower Bank will be compet- Array, Celgene reach pact this year to lead Posted July 30. ing with 31 other banks that serve BOULDER – Array BioPharma Hurrell the Directorate Boulder and Broomfield counties. Inc. could receive $376 million in for Geosciences Sunflower Banks arrive Sunflower Bank declined to reveal payments as part of a new collabora- at the National Science Foundation. LONGMONT – Sunflower Bank exact locations for the branches, but tion agreement with biopharmaceu- Hurrell has been an associate direc- in Salina, Kan- they are expected to open sometime tical giant Celgene Corp., the drug tor and senior scientist at NCAR. He sas, has hired in October, Allen said. In the mean- development company said. will start the new job Sept. 2. three former time, the three bankers are working Boulder-based Array (Nasdaq: Hurrell, a climate scientist with Mile High Banks in a temporary office in Longmont. ARRY) received an up-front pay- expertise in computer modeling and veterans to open The company’s website lists three ment of $11 million for a program in large-scale atmospheric patterns, first b r a n c h e s i n mortgage loan originator job open- which company researchers focus on came to NCAR as a visiting scientist Longmont and ings for Colorado, posted June 21. a novel inflammation pathway in the in 1990. He is the former director of Boulder. More people will be hired before the human body, according to a company NCAR’s Climate and Global Dynam- Dan Allen, bank branches open, Allen said. press statement. Summit, New Jer- ics division, and he has served as chief former president Allen Posted July 19. ➤ See BCBRdaily, 31A KRCN 1060 AM “Your Trusted Source for Health & Wealth Information” AM 1060 • 303.776.2323 www.1060thebiz.com KRCN 1060 AM Longmont Denver Boulder Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 3A Arca Biopharma raises capital, makes hires BY BETH POTTER 2.7 million Americans have irregu- as senior clinical program manager. Company representatives had [email protected] lar heartbeats. Dufton and Merriweather pre- said that if the company didn’t raise Drugs cannot be sold to consum- viously worked for Gilead Sci- enough money in its stock offering, BROOMFIELD – Drug- ers in the United States until three ences Inc. (Nasdaq: GILD) based it could close by Oct. 1, according research firm Arca Biopharma Inc. rounds of successful clinical trials in Foster City, California. Perry to a document filed with the U.S. has hired three key executives to on humans have been approved by previously was director of quality Securities and Exchange Commis- help develop a drug to treat irregu- the Food and Drug Administra- assurance at Alzheimer’s medi- sion. lar heartbeats, after the company tion. The clinical trial process often cal-food company Accera Inc. in Arca lost $4.3 million in 2012, raised $18 million through a stock takes 10 years or more to complete. Broomfield. following a loss of $5.4 million in offering in June. Christopher Dufton was hired as Arca has an agreement to use a 2011, according to the company’s Broomfield-based Arca (Nas- vice president for clinical devel- heart monitor made by medical- annual reports. It has been in dan- daq: ABIO) raised the funds to pay opment, according to a company device firm Medtronic Inc. (NYSE: ger of being delisted from the Nas- for a clinical study of its drug can- press statement. Sharon Perry was MDT) to conduct the “2b/3” trial. daq stock exchange several times didate Gencaro on patients with hired as senior director of quality. The clinical trial is expected to because its stock price has fallen irregular heartbeats. An estimated Jennifer Merriweather was hired start in the first quarter of 2014. below $1 per share. Boulderite’s Bulumu sound ideas wake Dead Deadheads got a treat last week when the Grateful Dead’s legendary concert in Veneta, Oregon, in 1972, was screened in theaters throughout Denver, Boulder, Fort Collins, Vail, Colorado Springs and across the nation. Most reports agreed that the sound for the movie “Sunshine Daydream” was impeccable. That can be attrib- uted to David Glasser, founder and chief engineer at the Boulder-based mastering studio Airshow, who along with Jeffrey Norman of TRI Studios in California remastered and mixed the mighty fine tunes. BCBR EYE “Making ‘Sunshine Daydream’ sound as good as the memories of the crowd gathered in Oregon more than 40 years ago was an exciting challenge,” JONATHAN CASTNER Glasser said. “We had the advantage of Bulumu Granola LLC co-founder Brandon Bailey shows off a display of the company’s granola at a Whole Foods Market in applying the most current technology to Boulder. The product soon will be available at King Soopers and City Market stores. the 40-plus-year-old recordings, so even those who have heard bootleg cassettes over the years will hear something new.” Boulder pair offers athletes granola that sits light Airshow is celebrating its 30th anni- versary this year. Over the decades, BY ELIZABETH GOLD Boulder apartment, put it in zip-lock Glasser has mastered the audio and [email protected] Our mission is to bags and sold it out of the back of his provided restoration work for an incred- car. Then they made the commit- ible lineup of artists, and has earned BOULDER — The last thing a inspire and support ment to make it into a business. two Grammy awards for Best Histori- triathlete needs is a stomach ache. “Jasmine tried to continue racing cal Album. “I noticed that the granolas avail- others in their pursuit professionally in the early stages but able to me sat heavy in my stom- of passions and an active, found it too hard to grow the busi- More lights and cameras. ach and caused stomach aches dur- ness and continue to compete on a The Broomfield Business Resource ing training,” said Jasmine Oeinck, healthy lifestyle. high level as an athlete,” Bailey said. Center launched a new interview referring to her days living at the “This year she reached the tipping show, “Broomfield Small Business Olympic Training Center. Jasmine Oeinck point and decided to focus on the Success Chat.” Coming up with her own oil-free, CO-FOUNDER, business and no longer on racing.” The resource center interviews sub- lighter recipe kept her in the game BULUMU GRANOLA LLC Today Bulumu produces about ject-matter experts on issues affecting and also opened the door to a new 30,000 pounds per production run, small businesses who then offer solu- business. With her friend, Brandon which was eventually shortened to which lasts for a couple of months. tions to real problems that business Bailey, Oeinck co-founded Bulumu Bulumu. It’s made and packaged in a cereal- owners face. Recent guests include Granola LLC in 2011. “Our mission is to inspire and production facility and distributed Tony Gagliardi, Colorado director for The company name carries back support others in their pursuit of by United Natural Foods, Inc., an the National Federation of Indepen- to the times when Oeinck trained passions and an active, healthy life- independent national distributor of dent Businesses, and Wayne Anderson around the world. She and her style,” Oeinck said. natural, organic specialty foods. of the Leadership Science Institute. mother signed off on emails with Oeinck and Bailey originally “They service all major accounts Learn more at www.business- “Buckle up, love you, miss you,” made the granola in their north ➤ See Bulumu, 29A sucessschat.com. 4A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com Farm efficiency could be a game of drones Boulder firms to offer eye in sky for agriculture

BY JOSHUA LINDENSTEIN path while gathering images and data [email protected] about where weeds are concentrated. The data, converted into a file on a BOULDER — InventWorks Inc. ground-based computer, then would and Boulder Labs Inc. have launched a be plugged into a tractor to communi- collaboration that could help farmers cate which areas need more herbicide take weed and pest control to a new applied and which areas might be level of efficiency. clean and need none as the tractor The two companies based in goes through the field. The process Boulder are working on a drone – an helps farmers realize cost-savings on COMMITMENT unmanned aerial vehicle – that car- herbicide and keep environmental ries multispectral cameras that can impact to a minimum. identify weeds by the differences in The drones, Sears said, could be leaf color versus desired crops and by marketed to service providers or indi- attaining high-resolution images of vidual farmers, although he and McK- the shapes of the leaves. innon acknowledged that the technol- To Tom McKinnon, the drones are ogy probably will be marketed toward just the next technological step for an larger farming operations. industry where tractors have become McKinnon said the companies still high-tech, GPS-enabled machines are researching with farmers to try It’s a powerful thing. [ ] that practically drive themselves. and put a value on the data gathered Farmers “have already invested and determine what the drones will a ton of capital into their precision cost once on the market. agriculture,” McKinnon said. Weed control is hardly the only InventWorks is building the air- application envisioned. The drones frames and developing the cameras could be used to analyze soil moisture What does it take to meet for the drones, while Boulder Labs to control how much water center today’s energy demands, while is developing the software that will pivots are placing on specific areas of building for tomorrow’s energy needs? crunch the data gathered and convert fields. Insect control is another poten- it into a usable file. tial use, as is charting the need for fer- It takes peace of mind that the people With privacy issues surrounding tilizer in various areas of a field. Sears responsible have a proven track record. drones a hot-button issue, the prod- said the drones could also be used to uct Boulder Labs and InventWorks is look at forage levels in rotational graz- developing isn’t even legal yet for coming as ranchers move livestock from mercial purposes in the United States. one pasture to another. On top of providing reliable service, But McKinnon and Jim Sears, who is in InventWorks has incorporated the at Xcel Energy, we continue to develop charge of new-product development at drones and cameras into work it’s Boulder’s renewable energy future while Boulder Labs, said there is momentum doing with the Denver Zoo, con- to establish laws that will allow people ducting surveys of Argali sheep on a meeting the demands of today with energy to use drones for more commercial wildlife preserve in the Gobi desert that is consistent and affordable. purposes. The pair hopes that will be in Asia. in time for the 2015 growing season. Boulder Labs, too, has incorpo- In the meantime, the technology rated its software with drone use, remains intriguing. mapping seals in the Arctic. The That’s part of our For weed control, the idea is that company’s software has been used by commitment to this community. one of the InventWorks/Boulder cruise lines to assemble photo albums Labs drones – with a 5-foot wingspan for passengers by using facial recogni- and flying under a 500-foot ceiling tion to identify individuals from the – would launch near a field and fly thousands of photos that a cruise line Xcel Energy is best qualified a GPS-controlled, preset, winding might have shot on a trip. to provide energy to Boulder because of our experience, and our commitment.

Learn about our community commitment at YourBoulderEnergy.com.

Volume 32 : Issue 17 Aug. 2- 15, 2013 Copyright 2013. BizWest Media LLC. Reproduction or use of editorial or graphic content without written permission is prohibited. The Boulder County Business Report (USPS 018-522, ISSN 1528-6320) Is published biweekly, with an extra issue in December, by BizWest Media LLC, a Colorado corporation, 3180 Sterling Circle, Suite 201,Boulder Colorado, 80301-2338. Periodical Postage Paid at Boulder, CO and at additional mailing ofﬁces. Subscriptions are $49.97. International subscriptions are $180.00.

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13-XCLOOS-00262_Boulder_Commitment_4.62x13.75_LO.indd 1 7/25/13 11:14 AM Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 5A Idol Minds thinking mobile for gaming’s future

BY CLAYTON MOORE In the wake of the cancellation, [email protected] Lyons and his team have turned to the hot gaming market for mobile LOUISVILLE — Even as the devices that are tied to Apple’s ver- world — or at least a few hundred satile iOS operating system and million gamers around the globe Google’s Android OS. — breathlessly awaits the launch “Everything we have in develop- of Sony’s newest gaming console, ment is for mobile devices,” Lyons the PlayStation 4, a Louisville-based said. “The hardware is getting pow- game developer that produced some erful enough that you can do larg- of the company’s biggest hits is turn- er-scale games with higher fidelity ing to the mobile gaming market for graphics. We’re still doing the same its future audience. scale and quality of game that we did for the PlayStation 2, but adapt- ing our approach for the mobile HIGH TECH platforms.” The company’s first experiment MARKETPLACE in mobile gaming was launched last year with the release of Linked At its peak, Idol Minds LLC had Together, an addictive puzzle-based up to 70 coders, artists and other application that taught Idol Minds PETER WAYNE gaming professionals working on Mark Lyons, president and chief technology officer of Louisville-based Idol Minds a few lessons about the differences multiple projects at its headquarters LLC, demonstrates Shutter Bug, a prototype of an interactive program that allows between console and mobile games. on Century Place in Louisville. The users to capture images from an animated display. On the monitor at right are the “We learned a lot looking at how company’s first game, Cool Board- company’s Ratchet and Clank games. people were playing the game,” ers 3, was a hit just a year after the Lyons said. “We were focused on company opened in 1997, and its the aspects that were interesting to 2007 release Pain became the most and a former Sony employee, said canceled development of the highly us, the multiplayer competition and downloaded game on the PlayStation Sony Computer Entertainment anticipated game Warrior’s Lair, head-to-head gameplay. Then we Network in 2009. But changes in the is focusing on big-budget games being designed in Louisville for the figured out that 96 percent of the industry and recent setbacks have that require hundreds of designers PlayStation 3 and PS Vita handheld games on these platforms are single forced the company to pare down to and years to build, squeezing more system. player.” fewer than a dozen employees and moderate developers such as Idol “It was hugely frustrating,” Lyons That revelation led the developers rethink where the game market is Minds out of the market. Although said. “We were really proud of that to their new strategy, focusing on headed. Idol Minds was busy last year re- game and now it’s completely out of free-to-play games such as Candy Mark Lyons, Idol Minds’ presi- engineering the Ratchet and Clank our hands. We have no idea whether Crush Saga, the iTunes megahit dent and chief technology officer games, last month Sony abruptly it will ever surface or not.” ➤ See Idol, 6A Smart Longmont solutions for your POWER & COMMUNICATIONS business needs We offer everything you value from a local business • Expert assistance and personal service • Flexibility to meet your growing and changing needs • Responsive, dedicated support when you need it

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LightingTomorrow...TODAY! 6A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com Fund to help encourage startups in state BY BETH POTTER according to the press statement. the state. Startup Colorado started in Feld said in the press statement. [email protected] Brad Feld, a managing director November 2011 and does not have a The new fund will be used as an at Foundry Group in Boulder; Jim physical address, said Ben Abell, the entrepreneurial approach to problem- BOULDER — Business startup Franklin, chief executive of SendGrid group’s executive director. Abell works solving, Phil Weiser, dean of the CU leaders in Boulder are heading the Inc. in Boulder; Ryan Martens, CEO at an office at the University of Colora- law school and executive director of charge to create the new $200,000 of Rally Software Development Corp. do law school because of an affiliation the Silicon Flatirons Center, said in Startup Colorado Community Fund. in Boulder; Libby Cook, founder of with the Silicon Flatirons Center for the press statement. The fund, launched July 24, will be Sunflower Markets, which started in Law, Technology and Entrepreneur- “We are trying something new, with used to host events, speakers, seminars Boulder and is now based in Phoenix; ship in Boulder, he said in an email. the ambition of supporting sustainable and competitions to help spur business and Dan Caruso, a co-founder of Startup Colorado is a state chapter of programs with lasting impact,” Weiser startup activity, according to a press Zayo Group LLC in Boulder, all have the Startup America Partnership LLC, said. “A core strength of Colorado’s statement. Money will be used to make donated to the new fund. which also is supported by Feld. entrepreneurial community is our grants across Colorado, focusing on The fund is part of Startup Colo- People involved in the fund hope to commitment to help another; this creating “connective fabric” between rado, a community-led program that make many small grants, “to mobilize effort flows from and aims to bolster the Front Range cities of Denver, Boul- brings entrepreneurs together to sup- the energy and ideas in our commu- that spirit, making it easier for entre- der, Fort Collins and Colorado Springs, port entrepreneur activities across nity, to build better startups, faster,” preneurs to collaborate.”

IDOL from 5A

developed by casual game developer King that draws more than 40 million users monthly. These types of games employ a monetization strategy that puts a “currency” between the player and the app creator in the form of in-game purchases for upgrades or special items — an aspect of mobile gaming that led Apple to settle a class- action lawsuit with 23 million iTunes recognizes account holders earlier this year. “We want the games to be addic- WaterStreet Plaza tive because that’s our interest,” managed by Gibbons-White, Inc. Lyons said. “Now it just happens to be a part of the making of money.” for making energy efficiency improvements Lyons also believes the types of gamers interested in mobile games are more diverse than some might expect. “They’re fast, so there’s room for us to experiment and try something different,” he said. “I’m not sure we understand completely the casual- gamer audience but there are enough people interested in these devices that there will be room for mid-to- hardcore gamers, rather than just focusing on casual gaming.” The speed of the development life cycle has been another refreshing change for the Idol Minds team. A full-scale console game takes years of development, while mobile games progress exponentially faster. Idol Minds’ developers will workshop a dozen game ideas at a time, then select the best to prototype to the level of “minimum viable product,” the standard at which game publishers will consider the game. That cycle “The program coordinators were easy to work with and did a thorough review can take as few as six months. of the building’s utilities and systems and offered additional information on “We try to ﬁnish a game enough how to increase the energy efficiency.” to get it out there and watch it growing,” Lyons said. “Then we see what - Mike Lefeave, Financial Management Assistant at Gibbons-White, Inc. is working, what is not working, and can ﬁnish the game from there. With a smaller game, you can get them out Gibbons-White, Inc. is a leader in full service commercial real estate in Boulder Valley, and quickly and react much faster.” one of five businesses to receive recognition for exemplary efficiency achievements through Idol Minds remains open to the EnergySmart. More than 1,800 Boulder businesses have participated in the program. console market, but only on its own terms during these volatile times. For more information “If the PlayStation Network con- Program and business www.EnergySmartYes.com tinues to thrive and got big enough, recognition provided by: For Businesses: 303.441.1300 we would be back there in a second,” For Homes: 303.544.1000 Lyons said. “But the difference in the size of that network versus the mar- EnergySmart is available for homes and businesses in all Boulder County communities. *Deemed energy savings calculated by EnergySmart. ket available to us in the App Store is huge.” Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 7A

DILLARD’S from 1A FEATURED the Twin Peaks Mall. DILLARD’S CURRENTLY OWNS ITS BUILDING ARTICLE Mallard is expected to act quickly after the closing-argument deadline, and holds veto rights to any redevelopment plan at the mall. REPRINTS said Christine Hylbert, executive direc- At the eminent-domain court hearing, Chris Johnson, Dillard’s vice tor of the Boulder County Bar Asso- ciation. Mallard was not immediately president for real estate, expressed frustration with negotiations 2012 ROCKY MOUNTAIN TECH available for comment on the case, and internet 2012 Numerica: Software engineer Nick Parrish works on Numerica’s Advanced with NewMark Merrill about possible redevelopment scenarios. the military Fusion and Tracking no deadline has been set for judgment. Helping System, used by the Army and Navy. solve surveillance, tracking problems by Dan Cook | [email protected] “Boulder courts try to be pretty Corp. is in growth mode, defying the Turning data Numericaravages of the recession as it spins out new products and services and builds upon an already-impressive into ‘actionable client base. The Loveland-based research and development company provides concise and on time for everyone,” information’ products and services primarily for the defense industry. Numerica has considerable expertise at making sense out of vast amounts of

raw and uncertain data, so its tracking and data fusion solutions are in demand. Sales have nearly tripled since 2006 as the company has posted double-digit growth numbers most of those years. Revenue is expected to top $10 million in 2011. Numerica sailed neatly through the recession and 2012 Hylbert said. already looks promising, as several new government contracts are pending. JONATHAN CASTNER Yet Numerica’s considerable success can probably be traced to a single phone call from a father to his son. Aubrey Poore was a tenured math professor at Colorado State University when, in 1988, he and a group of potential to make an impact.” that fuse large amounts of distinct data into a single piece of Mapping: The company’s expertise in terrain mapping will graduate students began to work on a software solution called actionable information that is useful to, for instance, combatantsbe directed to making terrain data more portable and accurate. the Multiple Frame Assignment Tracking System. The system on the battlefield. “We are looking into new methods to encode and compress LURA has asked for immediate had myriad applications in the surveillance sector. The company boasts a healthy mix of government and pri- these large amounts of data and shrink the footprint so the data “My dad was encouraged by CSU to start the company to vate industry clients. It’s received 70 government contracts sincecan be wirelessly transmitted. This has not been done before,” take this core software technology he developed and try to com-2002, worth $28 million (plus another $7.4 million in Small he said. The compression mapping algorithm Numerica devel- mercialize it,” said his son Jeff, company president and COO. Business Innovation Research enhancements). On the private oped not only transmits large data files, but produces a more “So he did that. But then things started getting complicated. side, it lists the cream of the defense-contracting crop: Northropaccurate view of the terrain than other solutions, such as jpegs. possession and title to the property. If grocery store have signed on to anchor od ending June 2012 by the Boulder That’s when I got a call from him.” Grumman, Lockheed Martin, Boeing, Raytheon. Financial markets: This is a new field for it but not unre- It was 1996. The father-and-son act that truly got the com- Poore sees that customer base growing and becoming more lated to the mathematical solutions pany off the ground was about to take the stage. diverse. The strategy going forward includes taking Numerica’sNumerica specializes in. “We will Jeff was working as a project manager for a construction firmcore capability — scientific and mathematical research — a fewbe applying some of what we know in Denver when dad called asking for help. The paperwork wassteps further, both with defense solutions and for new customersin financial markets to manage un- killing them, Aubrey told Jeff. They were scientists, not businessoutside the defense industry. certainty across a dynamic market,” the judge rules in favor of Longmont, the new shopping center, along with a County Assessor’s Office. people. “The advanced mathematical models we use for tracking a Poore said. Ever the dutiful son, Jeff headed for Fort Collins. “We foundmissile, car or ship at sea can be applied to emerging technolo- The new direction will require our way through the reams of paperwork from the Navy,” he gies like detecting cyber attacks, optimizing air-traffic manage- more recruiting of big brains. For said. “We got the contract, then realized we had to hire some ment and tracking individual particles in live cells – the commer-the scientists and mathematicians it employees. It finally got to the point where the amount of even-cial potential is amazing,” said Numerica Marketing Manager needs to develop its cutting-edge ing work for me for dad’s company was too much. I had to Becky Jensen. products and services, Numeri- Jeff Poore Colorado statute requires that an 12-screen, 2,500-seat Regal Entertain- Dillard’s currently owns its building make the choice: stay on my current career path, or leap into the Jensen asserts that many businesses share something in com-ca battles with recruiters from small business.” mon with Numerica’s government customers: they are drowningGoogle, Facebook and Gold- He took the leap. And, at age 29, Jeff Poore found himself inin data and want it translated into meaningful, actionable infor-man Sachs. That’s where North- charge of a roomful of scientists and math whizzes. mation in real time. That happens to be Numerica’s sweet spot.ern Colorado gives Numerica a “I’m not a scientist or mathematician. But I had been around Says Poore: “Fundamental and applied research will always huge edge. “Most of our people like outdoor activities. Once we as-yet undecided preliminary comment Group movie theater. and holds veto rights to any redevelop- it my whole life, with dad teaching at the university. So I have be at the foundation of what we’re about. However, over the bring them in here and they see the possibilities for outdoor ac- gained a comfort level that has been helpful to me. And, I bringlast 15 years, the transformation has been to work to productizetivities, we’ve usually got them,” Poore said. something to the table they don’t — the business side. I under- the reports we’ve been doing. Looking forward, there’s no ques- The company has grown considerably since dad’s request for stand intellectual property law, the business cycle, creating a tion that’s where we’re headed. There’s a profound amount of help to his son. Ten years ago, Numerica employed 10. Today, business strategy, the financial parts of the business. They were research here waiting to be productized. We have to harvest theit employs 65 and will probably have to look for new physical happy to have me.” right idea for the right problem at the right time.” space soon. Things can get crazy in a small business on a growth pensation amount be deposited in an A construction loan for rede- ment plan at the mall. At the eminent- Initially, Numerica focused on producing in-depth research Three areas he says will be of particular focus: curve. Does Poore ever regret turning his back on a career in reports for its Defense Department and military-contractor cli- Life sciences: The company intends to apply its capability forconstruction to go into business with his dad? ents — reports designed to solve surveillance and tracking prob-in vivo particle tracking —understanding how particles migrate “Here’s what I’ll tell you about that,” he said. “Being part of lems encountered on the national security playing field. As its within a cell. “This can lead to new drugs to block the progres-a team like this is a great opportunity. Being able to do this with team of researchers grew, though, management saw more long-sion of a disease,” Poore said.” There are no methods for under-my dad makes it the opportunity of a lifetime.” term potential in creating the solutions that were outlined in thestanding this right now. It’s a good meaty problem with a lot of escrow account, said Robert Duncan, velopment depends on mall owner domain court hearing, Chris Johnson, research reports. Today, the company implements algorithms a LURA attorney. The price for the NewMark Merrill Mountain States Dillard’s vice president for real estate, © 2012 BizWest Media LLC. May not be reproduced without written permission. Dillard’s department store building holding title to the Dillard’s prop- expressed frustration with negotia- and seven surrounding acres owned erty, according to Duncan. Once tions with NewMark Merrill about See something you like in by Dillard’s is expected to range NewMark Merrill receives the loan, possible redevelopment scenarios. the Business Report? from $3.03 million, the amount of LURA has pledged $27.5 million to In addition, Johnson’s attorney, an appraisal done by Longmont in help with the project. Leslie Fields, said a decision to declare Available now in print, November, to $5 million, the amount The exact compensation price for the area “blighted” was made in bad requested by Dillard’s, Duncan said. the building may be decided later faith. Longmont has conducted sever- PDF and on CD-ROM Mallard heard the eminent-domain by either Mallard, by a three-person al blight studies in recent years as part case on July 25. She told lawyers in commission or by a jury, said Sarah of the urban-renewal authority work. the courtroom that day that the case Kellner, an attorney on the Dillard’s “The clock is ticking” for the rede- was “challenging” but that she under- side. Dillard’s attorneys have asked velopment project, Allen Ginsborg, stands the issues. Mallard to name a jury to decide the managing director and principal at The new Village at the Peaks shop- amount. Mallard has said she will NewMark Merrill Mountain States, ping center is slated to open at the issue a written ruling at an unspeci- said at the eminent-domain court Twin Peaks Mall site in early 2015. A fied date on that issue as well. hearing. He called the existing mall 100,000-square-foot Sam's Club dis- The 94,000-square-foot Dillard’s “dilapidated” and said all existing 303-440-4950 count store and a 30,000-square-foot building and land were appraised at tenants may be gone by the end of www.BCBR.com Whole Foods Market (Nasdaq: WFM) $2.935 million for the two-year peri- the year.

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Colorado Owned and operated Fort Collins, Colorado (970) 686-5815

Fort Collins Cheyenne Boulder 275 South Main St. Longmont, CO 80502 Denver Colorado Springs Phoenix 303.776.5122 | 800.728.2102 8A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com Longtime community leader, Liquor Mart manager retires BY BETH POTTER reached for comment. may make some new business decisions, was a city council member from [email protected] Jack “was a terrific employee for us, without giving details. 2003 to 2007. and a vital part of the community,” Stoakes also is one of the longest- “He has been an outstanding com- BOULDER – Jack Stoakes, the Charles said. serving members on the board of munity leader,” Maher said. “He’ll be “face” of Liquor Mart and a long- Liquor Mart’s owners will take a Downtown Boulder Inc., a nonprofit missed.” time downtown Boulder community more active role in business advocacy group, as well as a Liquor Mart owners bought the leader, has retired. running the store former Boulder City Council mem- liquor store in 1982 and Charles Stoakes served as general manager at 1750 15th St. ber, said Sean Maher, executive direc- said he hired Jack Stoakes that year. of Liquor Mart for 31 years before leav- in Boulder, in the tor of Downtown Boulder Inc. Stoakes led the way in getting the store ing the job in the last couple of weeks, wake of Stoakes’ Stoakes helped create the Boul- to support hundreds of charity events said Robert Charles, a Liquor Mart retirement, der downtown business improve- in Boulder and Broomfield counties co-owner. Stoakes and his wife, Gale, Charles said. The ment district, Maher said, which over the years, Charles said. want to move to a home they own change gives store has helped keep Pearl Street Mall A Colorado native, Stoakes moved in Arizona to enjoy their retirement, owners a chance vibrant. He also chaired the DBI to Boulder in 1967. Stoakes and his Charles said. Charles and two other Stoakes to “get our hands board and served on the marketing wife, Gale, have five children and nine unnamed investors own Liquor Mart. dirty,” Charles committee, according to information grandchildren between them, accord- Stoakes could not immediately be said, hinting that the ownership group on the Liquor Mart website. Stoakes ing to the Liquor Mart website. Sales booming at U.S. craft breweries

BY JOSHUA LINDENSTEIN [email protected]

THURSDAY, AUGUST 29, 2013 | 11:30 AM - 1 PM | BALCH FIELDHOUSE BOULDER – The craft-beer industry grew 15 percent in dollar • Hear from new head football coach Mike MacIntyre sales and 13 percent by volume during the first half of 2013, according to fig- • Enjoy new & improved BBQ lunch ures released July 29 by the Brewers • Meet the 2013 Colorado football team & coaching staff Association. The Boulder-based association is a Registration begins at 11:30. Program begins at noon. Free parking available on Franklin Field nonprofit trade agency that represents craft brewers nationwide. REGISTRATION You may also register online at www.CUBuffs.com/events. Craft brewers sold about 7.3 mil- Number of Guests: ______x $33 = $______lion barrels of beer in the first half of the year, up from 6.4 million in the or first half of 2012. That 2013 volume Number of Tables (9-10 guests): ______x $300 = $______represents about $5.6 billion in dollar Includes recognition on your table. sales, according to Julia Herz, the association’s craft-beer program director. q Choose 10 people for your table CRAFT BREWERS SOLD q Choose 9 people for your table and the 10th seat will be assigned to a CU coach or VIP Company Name: ______about 7.3 million barrels of Total: ______beer in the first half of the Additional sponsorship opportunities also available. Visit www.CUBuffs.com/events for more information. year, up from 6.4 million in CONTACT INFO METHOD OF PAYMENT the first half of 2012. Name:______q Check (made payable to University of Colorado The increases came despite the 2 Company: ______q Credit Card (Visa or Mastercard) percent decline in overall beer sales Address: ______#: ______through the first half of the year, accord- City, State ZIP: ______Exp: ______ing to an association press release. In 2012, craft breweries accounted for Phone: ______Signature: ______6.5 percent of beer sales nationwide by Email: ______Online registration available at volume, a figure the association updates www.CUBuffs.com/events only on an annual basis. There were 2,538 breweries oper- TICKET MAILING PREFERENCE ating in the United States as of June q Will Call q Mailed 30, of which 2,483 were craft brewers, meaning among other things that they SPECIAL THANKS TO OUR have annual production of less than 6 SUPPORTING SPONSORS million barrels and are less than 25 percent owned or controlled by an alcoholic-beverage industry member TITLE SPONSOR that is not itself a craft brewer. The association’s report came out For reservations visit www.CUBuffs.com/events, call 303-492-5497, fax 303-492-9032 on the same day that Longmont-based or e-mail [email protected]. Oskar Blues Brewery announced it had Full payment due at time of booking. Reservations are non-refundable. grown 38 percent by sales volume in the ATHLETIC SPECIAL EVENTS, 372 UCB, CO 80309-0369 first half of the year. Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 9A New bank branches popping up across area lot of banks new to the mar- of the new branch locations have not by Strategic Growth Bancorp for $5.5 direct link between the two, at first ket are bullish about the been released. million as Mile High's parent com- glance, the advertising ruling is a big ABoulder Valley. At least three The family-owned bank has $1.7 pany Big Sandy Holding Co. in Limon deal to crowdfunders, said Jonathan have said recently that they’ll open billion in assets and 33 locations in went through voluntary Chapter 11 Beninson, a founder of First Funder new branches in the region. Kansas, Colorado and Missouri. reorganization. Mile High Banks oper- Inc., a Boulder crowdfunding company. Bank representatives say they’re Solera National Bancorp Inc. ated independently from the holding “The marketing and advertising lured to our neck of the woods by its (OTCQB: SLRK) in Lakewood said a company, executives said at the time. component for crowdfunding out- high average income and its stable couple of weeks weighs the fundraising component,” residential real estate market, which ago that it would Ad ban lifted Beninson said. “Ultimately what it declined a lot less in value than did mar- expand its loan- Here’s a new thought about how comes down to is reaching out to kets in many other places in the nation. servicing office startup companies can go about woo- people in a way that is significantly less Boulder’s per-capita personal in Boulder into a ing potential investors these days. expensive than regular advertising.” income is $51,893, the 13th highest full-blown bank Federal regulators have lifted a in the nation, according to Census branch. Four ban on advertising by which startup Small businesses boosted Bureau statistics from 2011. Den- mortgage loan companies were bound. Such com- Startup companies are just a few ver’s is $48,980, the 19th high- officers currently panies are expected to be able to of the companies locally that have est statistical area in the country, BANK NOTES work there, and advertise to “accredited investors” by taken advantage of small-business according to statistics. Beth Potter the bank has $169 the end of September. lending available from the federal Home State Bank opened a Lafay- million in assets. They’ll be looking for folks with government in recent years. ette office at the beginning of the All of the new bank branches a net worth of more than $1 million Colorado banks making small- year with eight employees, recording are competing with 31 other bank outside of their primary residences business loans increased their lend- as much as $23 million in loans and branches that serve Boulder and or income of more than $200,000 in ing by $25.6 million in the first $6 million in deposits so far in 2013. Broomfield counties. each in the previous two years. quarter of 2013, compared with the The family-owned bank based in Is there enough business to go “That’s a big deal” in Boulder same quarter in 2012, according to Loveland has $699 million in assets. around? County, according to Chris Hazlitt, the U.S. Treasury Department. Sunflower Bank plans to open Don’t forget that Mile High one of the most in-the-know lawyers CIC Bancshares Inc., the Denver three new bank branches in Long- Banks in Longmont is going gang- on start-ups in the region and a partner parent holding company of Centen- mont around October, according busters now after being recapitalized at Bryan Cave LLP’s Boulder office. nial Bank in Boulder, and the Colo- to Dan Allen, regional president of with as much as $90 million by Stra- By lifting the general solicitation rado Enterprise Fund Inc. in Den- Northern Colorado for the Salina, tegic Growth Bancorp bank holding ban, “an entire new universe of poten- ver, which has focused on loans to Kansas-based bank. company in El Paso, Texas. tial investors is opened up,” Hazlitt said. natural and organic food companies Allen and two other former Mile High Banks is off of the Fed- Crowdfunding websites such as locally, are both on the Small Busi- executives of Mile High Banks were eral Deposit Insurance Corp.’s watch Kickstarter.com and IndieGogo.com ness Lending Fund list. snapped up by Sunflower. More list – another good sign in a list of have helped some local companies people will be hired before the new positive indicators for the bank. raise hundreds of thousands of dollars. Beth Potter can be reached at 303- branches open, Allen said. Details Mile High Banks' stock was bought While there doesn’t seem to be any 630-1944 or [email protected].

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r1-CUCE-0979-Boulder County Business Report Ad.indd 1 7/17/13 9:57 AM Aug. 2-15, 2013 | 11A BOULDER COUNTY BUSINESS REPORT WWW.BCBR.COM 12A | Continuing-Education CONTINUING Programs EDUCATION NIST receives ‘continuing ed’ accreditation

BY BUSINESS REPORT STAFF [email protected]

BOULDER — The International Association for Continuing Education and Training has awarded the Nation- al Institute of Standards and Technol- ogy Office of Weights and Measures an authorized provider accreditation. Authorized providers are the only organizations approved to offer the association’s continuing education units, which certify that the association has evaluated NIST’s training program and found it to be compliant with internationally accepted standards. Many states require that their weights and measures officials receive training throughout their careers. Using an accredited training organization gives those officials confidence that the training they will receive is of high quality. “We’re proud of our education programs, which train hundreds of metrologists and state and local weights and measures officials each year in important legal metrology skills so that the U.S. weights and measures system stays on the cutting edge,” said Carol Hockert, chief of the Office of Weights and Measures at NIST. “Our new partnership with Inter- national Association for Continuing Education and Training is a dem- COURTESY GENTRY/NIST Instructors José Torres and Phil Wright perform measurements during a dry run of the new Fundamentals of Metrology course onstration of our commitment to being offered by the National Institute of Standards and Technology’s Office of Weights and Measures in Boulder. lifelong learning and high standards for all of our programs.” The accreditation period extends experts in continuing education to training for laboratory metrologists To achieve authorized provider for five years and includes courses ensure the highest possible standards and weights and measures officials, accreditation, NIST completed an offered or created that follow the are met. measures the impact and effective- application process that included a Office of Weights and Measures’ NIST’s Office of Weights and ness of training to ensure ongoing review by an association site visitor procedures. With this accreditation, Measures analyze weights and mea- continual improvement, and con- and demonstrated adherence to stan- the office joins nearly 650 organiza- sures training needs, obtains input sults with the weights and measures dards addressing the design, develop- tions around the globe that have had from the weights and measures community to ensure ongoing pro- ment, administration and evaluation their programs vetted by third-party community, designs and delivers fessional development. of its training program. CU sustainability training program goes national

SPECIAL TO THE BUSINESS REPORT the growing need for “green” skills lined with the help of Kevin Krizek, of live, location-based trainings to [email protected] and credentials in the public and curriculum director and CU-Boulder hundreds of participants from under- private work sectors. environmental design professor, com- graduate students to working profes- BOULDER — The University of “Our programs are grounded in the bines video, presentations, discussions sionals. The program, one of the first Colorado-Boulder is offering its sus- quality sustainability leadership that and live student-faculty interaction. in the nation, is managed by the CU tainability training and noncredit people expect from CU-Boulder,” Topics range from organizational Environmental Center in partnership certificate program entirely online, said program director Kelly Simmons. change to zero waste. with Chicago-based All Campus, a making the option available to par- “We’re excited that the expansion The six-week seminars may be student enrollment services firm that ticipants across the nation. to online opens the opportunity for taken individually or in a series of helps universities increase the vis- CU-Boulder’s Sustainable Prac- participants in Colorado and beyond, four to earn one of the non-credit ibility of their online programs and tices Program offers seminars and giving them access to thought-leading certificates. Program tuition ranges facilitates the successful recruitment two noncredit certificates in busi- research and practices taught by CU- from $2,000 to $6,500 plus a regis- of students. ness sustainability and community Boulder faculty and industry experts.” tration fee. For more information about the sustainability. The curriculum is The Sustainable Practices Pro- The six-year-old Sustainable Prac- program go online at http://sustain- designed to help professionals meet gram’s online curriculum, stream- tices Program has offered dozens able.colorado.edu/. 12A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com BUSINESS CONTINUING-EDUCATION PROGRAMS REPORT CONTINUING-EDUCATION PROGRAMS LIST (Colorado programs ranked by total enrollment.) (Colorado programs ranked by total enrollment.)

Fall enrollment Tuition per credit hour Person in For credit Tuition per noncredit Financial aid Phone charge RANK Institution Not for credit course Scholarships Programs available Website Year founded COLORADO BAR ASSOCIATION, CONTINUING LEGAL 71,313 N/A Yes Live in-person webcast, recorded home-study 303-860-0608 Gary Abrams EDUCATION N/A N/A No courses in all areas of law. www.cobarcle.org executive director 1 1900 Grant St., 3rd Floor, Suite 300 N/A 1971 Denver, CO 80203 COMMUNITY COLLEGE OF DENVER 12,000 N/A Yes General, personal, vocational and technical 303-556-2600 Cliff Richardson 1111 W. Colfax Ave. N/A N/A Yes education programs. www.ccd.edu president 2 Denver, CO 80217-3363 N/A 1967 CU-BOULDER DIVISION OF CONTINUING 11,534 $284 to $1,100 Yes Evening and online credit courses, graduate 303-492-5148 Anne Heinz EDUCATION AND PROFESSIONAL STUDIES 6,890 $35 to $1,200 Yes engineering programs, and English as a second http://conted.colorado.edu associate vice 3 1505 University Ave., UCB 178 4,644 language training. chancellor Boulder, CO 80309 1911 RED ROCKS COMMUNITY COLLEGE 9,497 $119.50 Yes General, personal, vocational and technical 303-914-6600 Michelle Haney 13300 W. Sixth Ave. 9,028 $119.50 Yes education programs. www.rrcc.edu president 4 Lakewood, CO 80228 469 1969 FRONT RANGE COMMUNITY COLLEGE 5,886 $119.50 Yes Associate degrees guaranteed to transfer, career/ 303-404-5000 Andy Dorsey 3645 W. 112th Ave. 4,886 Varies Yes technical programs, professional and workforce www.frontrange.edu president 5 Westminster, CO 80031-2199 1,000 development, etc. 1968 EMILY GRIFFITH TECHNICAL COLLEGE 5,470 $70 Yes Credited certificated programs include accounting 720-423-4727 Amy Downing 1250 Welton St. 5,115 varies Yes technician, aircraft, auto repair, welding, HVAC, www.emilygriffith.edu continuing 6 Denver, CO 80204 355 computer network technology, cosmetology. education manager 1916 COLORADO SCHOOL OF MINES SPECIAL 3,000 NA No Short courses and conferences, customized 303-279-5563 Barry Martin PROGRAMS AND CONTINUING EDUCATION 200 NA No programs for working professionals, K-12 teacher csmspace.com director 7 1600 Jackson St., Suite 160A 2,800 education. 1874 Golden, CO 80401 COLORADO CHRISTIAN UNIVERSITY 2,800 N/A Yes Associate of arts, bachelor's and master's degrees, 303-963-3000 Chuck Klijewski 8787 W. Alameda Ave. N/A N/A Yes adult education programs. www.ccu.edu AVP, enrollment and 8 Lakewood, CO 80226 N/A marketing 1914 FRONT RANGE COMMUNITY COLLEGE 2,003 $119.50 Yes Associate degrees guaranteed to transfer, career/ 303-678-3722 Andrew Dorsey 2190 Miller Drive 1,742 Varies Yes technical programs, professional and workforce www.frontrange.edu president 9 Longmont, CO 80501 261 development. 1968 COLLEGE FOR FINANCIAL PLANNING 2,000 $300 No Master of science in personal financial planning, 800-237-9990 John Sears 9000 E. Nichols Ave., No. 200 N/A $1,040 Yes education to sit for CFP national exam, eight www.cffpinfo.com president 10 Centennial, CO 80112 N/A professional designations in financial planning. 1972 AIMS COMMUNITY COLLEGE 1,500 $67 Yes General transfer degrees, small business 970-339-6202 Jennifer Oliver 5401 W. 20th St. N/A N/A Yes development, ESL, GED preparation; personal www.aims.edu chief of college and 11 Greeley, CO 80632 N/A enrichment, art, languages, finance; high school community relations diploma program. 1967 IBMC COLLEGE 1,089 $325 Yes Business administration and accounting, computer 303-651-6819 Richard Laub 2315 N. Main St. N/A N/A Yes support specialist, cosmetology, medical assisting www.ibmc.edu CEO/owner 12 Longmont, CO 80501 N/A and more. 1987 Researched by Mariah Tauer N/A: Not available. Source: Business Report Survey Subscribe. Then fly.

ADVERTISING CONSTRUCTION & MARKETING QUEST Videos are key component Broomﬁeld ﬁrst up in series of online marketing plans on projects in Boulder Valley 21A 15A Issue 7 | March 15-28, 2013 Volume 32

States. Only about 20 percent of Amer- ican households have access to fiber- optic service compared with 86 percent Lawmakers allege EAGLE-Netin Japan andwaste two-thirds in South Korea. Government-funded program The questions about EAGLE-Net BY STEVE LYNN focus not only on whether it is extend- [email protected] ing its fiber-optic network to the creating fiber-optic network right places. According to government BROOMFIELD — A $100.6 million Environment Network, is a quasi-gov- documents, EAGLE-Net already has ernment group that received its grant in federal grant awarded to Broomfield- Republican lawmakers on the used or committed $96 million of based EAGLE-Net Alliance as part of the fall of 2010 as part of the Broadband House Committee on Energy and its federal grant while reaching only the economic stimulus has drawn fire Technology Opportunities Program, Commerce, including Gardner, ques- about 55 of the more than 220 K-12 from lawmakers who question whether run by the National Telecommunica- tioned officials about EAGLE-Net school districts, libraries, community it is wasting taxpayer dollars to compete tions and Information Administration. earlier this month during a hearing in colleges and other educational institu- against companies that already sell high- The program is aimed at expanding ➤ See Wasteful, 19A Washington, D.C., on the wider $7.2 speed broadband in rural areas. fiber-optic Internet service, the fast- “They’re competing for the very billion broadband stimulus program. EAGLE-Net, which stands for est connection, to more of the United same customers that these private tele- Educational Access Gateway Learning com providers are,” Rep. Cory Gardner, R-Yuma, told the Business Report. Three Free Putting products to the test Rally files Longmont firm measures products’ electromagnetic compatibility for IPO, $70 million Days Parking offering Boulder software firm’s stock will trade on NYSE BY MICHAEL DAVIDSON [email protected]

BOULDER — Rally Software gift certificate Development Corp., a Boulder- based software development company, has registered with the SEC to JONATHAN CASTNER go public in what looks to be a $70 million offering. Rally has yet to announce the Name See story, 10A. number of shares to be sold, set a Vince Greb, founder of Longmont-based EMC Integrity Inc., stands in one of the region’s only large-scale chambers for price range or announced a date testing electromagnetic emissions. The company measures “electromagnetic compatibility,” the generation and recep- for the sale, according to the filing tion of electromagnetic energy and its negative effects on manufactured products. to Denver International Airport and a March 11 press release from For the Record ...... 24A Mail or fax form to: the company. Rally’s S-1 Rally, registra- 19A CONTENTS Nonprofit Network ...... 27A ➤ See Awards ...... 27A On the Job ...... 25A Bank Notes ...... 6A Product Update...... 26A BCBRdaily ...... 2A Publisher’s Notebook ...... 30A Serving Boulder & Broomfield Counties Business Digest ...... 26A Visit bcbr.com for breaking news Real Estate ...... 28A Calendar ...... 27A Sales Smarts ...... 14A Discoveries...... 9A Technology ...... 11A Editorial ...... 30A Title Eye ...... 3A LISTS Advertising, Marketing & PR Firms ...... 22A Mobile-App Developers ...... 12A Boulder County Company Business Report P.O. Box 270810 A 3-Year Subscription to the Boulder County Address Fort Collins, CO 80527

Business Report City/State/Zip FAX (970) 221.5432

will do more than get you in the know about Phone Certificate will be mailed Boulder and Broomfield counties. When upon receipt of payment. you subscribe to the leader in business Email We accept payment by coverage, you’ll also receive a AIRPORT PARKING Payment method check, money order, Visa, MasterCard, Discover or o Check o Credit Card o Money Order American Express. o Yes! I want the 3-year subscription offer (78 issues) at $129.97, including Card Type Card# Three years = 78 issues the Book of Lists. Upon receipt of payment, I will receive a gift certificate for Exp. subscription rate $129.97 parking at Canopy Airport Parking at DIA. Name on Card Signature Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 13A

Venture capital investments in Boulder and Broomfield counties Second-quarter 2013 listed by amount of funding raised. Second-quarter investments in Boulder Valley: $56.5 million Second-quarter investments in Colorado: $110.4 million Second-quarter investments in United States: $6.7 billion 2013 investments in Boulder Valley: $67.3 million 2013 investments in Colorado: $189.4 million 2013 investments in United States: $12.7 billion Company City Nature of Business Amount Raised Investors Accera Inc. Broomfield Biotechnology/health-food supplement $35 million Inventages Venture Capital GmbH Symplified Inc. Boulder IT services/cloud identity $7 million Ignition Partners, undisclosed firm Lanx Inc. Broomfield Medical devices/spine fusion surgery $6,397,200 Chicago Growth Partners, Credit Suisse Asset Management LLC, Goldman Sachs & Co., Hercules Technology Growth Capital Inc., Noro-Moseley Partners, Oakwood Medical Investors LinkSmart Inc. Boulder Software/intext-linking/analytics $5 million Costanoa Venture Capital LP, Foundry Group LLC Orbotix Inc. Boulder Software/manufactures Sphero Ball $4 million Foundry Group LLC, Highway 12 Ventures Giveo Inc. Boulder IT services/data-driven marketing $2,871,000 Access Venture Partners, Grotech Ventures LaGrange Systems Inc. Boulder Software/load-balancing services $2,840,000 Grotech Ventures, Mohr Davidow Ventures, undisclosed firm Swapfish Inc. Boulder Consumer products/online shopping/donations $1.8 million Atlas Venture Advisors Inc., High Peaks Venture Partners LLC, Schooner Capital LLC, undisclosed firm Door to Door Organics Inc. Lafayette Organic products/online grocery shopping $1.25 million Greenmont Capital Partners Seth Ellis Chocolatier LLC Boulder Retail/distribution/organic chocolates $278,000 Aravaipa Ventures TriggerMail Boulder Software/personalized retention emails Not disclosed TechStars

Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report, Data: Thomson Reuters

UTILITY from 1A

The motion to move forward with WHILE CITY STAFF STILL ADVISED THE COUNCIL Aside from the acquisition ordi- acquisition passed 6-3, with Mayor nance, the other three passed with Matt Appelbaum, Tim Plass, Lisa Mor- to move forward with acquisition, the more stressed less discussion at the July 24 special zel, KC Becker, Macon Cowles and meeting. Suzanne Jones voting in favor. Suzy models did show a reduced rate savings for customers The first was an ordinance to Ageton, George Karkehian and Ken of a municipal utility versus previous models, particularly accept the findings of third-party Wilson voted against the measure. evaluator PowerServices Inc. That The ordinance was one of four at the high end of potential acquisition costs, which city ordinance passed on first reading 6-3, the council moved forward on first with the same three dissenters. reading July 24, and came only after staff contends are unlikely scenarios. The other two ordinances con- a substitute motion by Wilson to cerned setting the titles for a pair of delay acquisition proceedings for six competing ballot measures, and both months to allow time for direct nego- municipalize as the largest financial communities to help design rates that passed 9-0. tiation with Xcel on alternatives to decision in the history of the city. encourage energy efficiency. The first is a formality as a citi- municipalization was voted down. “This is not a place where we need But during discussion of the acqui- zen group submitted the amount of All four ordinances will go to second to be making a mistake,” Karakehian sition ordinance, several council mem- required signatures to land a mea- reading at a council meeting Aug. 6, said. “I believe we should slow this bers said they felt the offers from Xcel sure on the ballot that would require, which will including a public hear- down, not speed it up.” amounted to too little too late, and among other things, voter approval ing. Because tweaks were made to the Xcel officials couldn’t agree more. believed the only way to coax any real for any debt issued by the municipal language of each and city staffers were While the third-party evaluator’s cooperation from Xcel was by moving utility. asked for some clarifications, however, findings painted the city’s municipal- forward with the acquisition process. The second was a ballot measure all four likely will need to go to a third ization models in a positive light, they A reason for hesitance on the part proposed by city staff that would set a reading on Aug. 20 for final approval. didn’t take into account Boulder’s of some council members at the July debt limit only on the acquisition costs The acquisition ordinance lays out most recent models. After receiv- 24 meeting was that the city didn’t of Xcel's distribution system as well as the process by which the city would ing criticism for not accounting for have all of the information it was hop- capital costs for the first six months of take over Xcel's distribution system enough contingencies, Boulder staff ing to have. That included the FERC the city-run utility's operation. and equipment. The first step would intentionally had stressed the models decision, in which the city had asked If both measures were to pass in be sending Xcel a notice of intent to further to account for things such as for a declaratory ruling over whether November, the one that passes with acquire. That would be followed by carbon taxes and wind-power rebates it would be able to mitigate some or the most votes would prevail. good-faith negotiations with Xcel over going away. all of its stranded costs by purchasing Because the second measure did the cost of acquisition. If good-faith While city staff still advised the a portion of its energy from Xcel for not yet specify the debt limit it would negotiations failed, the ordinance states council to move forward with acqui- a certain number of years. set, Gehr said that dollar amount that the earliest condemnation litigation sition, the more stressed models did The FERC ruled that while Boul- would be included in the ordinance's could be filed by the city would be Jan. show a reduced rate savings for cus- der might be able to mitigate some of language for the second reading on 1. If the process went to condemnation, tomers of a municipal utility ver- its stranded costs – the amount that Aug. 6. senior assistant city attorney Kathleen sus previous models, particularly at would be owed Xcel above distribution One potential hitch to the citizen- Haddock told council members that the high end of potential acquisition system acquisition costs to account for initiated ballot measure came July 29 the case wouldn't likely go to trial until costs, which city staff contends are Xcel’s investments in providing future when New Era Colorado, which has well into 2015, a process that could be unlikely scenarios. power to Boulder – the commission formed an issue committee to oppose followed by appeals from either side. “You have to ask yourself why are said it did not have enough information the measure, filed a complaint with the "This is the right time to do it, we here,” Xcel regional vice presi- on any possible purchase arrangement Boulder city clerk’s office, alleging that and I think it's important to carry dent Jerome Davis said. “It’s such an between Xcel and the city to make many of the signatures supplied by the through," Cowles said in moving to important question right now. … Is such a declaratory ruling. group Voter Approval of Debt Limits pass the ordinance on first reading. this about Boulder’s brand or is this Despite the ruling, Boulder deputy had been forged or altered and that peti- Wilson, whose substitute motion about doing what’s good for our citi- city attorney David Gehr said “the rul- tion circulators lied and provided false was seconded by Karakehian and sup- zens and the state of Colorado?” ing provides clarification that the city information about the ballot language. ported by Ageton, said he felt alterna- In the joint task force, Xcel flatly sought in order to move forward with City clerk Alisa Lewis will serve tive options to municipalization laid declined to participate in partnership municipalization.” Regarding the need as officer for a hearing on the New out by Xcel in a joint task force with arrangements with Boulder that city for more information, Gehr added, Era complaint Aug. 8, although it city staff and community members staff had proposed, instead offering up “This underscores the value of mov- was unclear at press time what the hadn't been explored or fleshed out eight possible products to help Boulder ing into the next phase of exploration. possible outcomes might be if fraud enough to dismiss them so soon. meet its goals of reducing carbon emis- Because of Xcel’s lack of willingness to was found to have been a part of the Both Wilson and Karakehian said sions and increasing the use of renew- provide more meaningful data, entering petition. In July, Lewis had validated they saw no need to rush into con- able energy. Those products included into a formal phase of required negotia- 5,105 signatures, about 500 or so demnation, with Karakehian char- things such as offering a “Green City tions is the only way to obtain the infor- more than are required to land the acterizing the decision whether to Rate” that would allow participating mation the Boulder community needs.” measure on the November ballot. 14A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 15A CONSTRUCTION QUEST FOCUS: LAFAYETTE/ERIE

DOUG STORUM Construction is under way on a $17.8 million, 87,552-square-foot comprehensive cancer facility at Exempla Good Samaritan Medical Center in Lafayette. Hospital generates growth in Lafayette

Medical offices are being leased as Developer: ‘I fast as they rise from the dirt. Apart- ments, a hot commodity throughout knew eventually the Denver metropolitan area, are popping up to take advantage of the hospital’s employee base. Prospective it had to pop’ retail also has its eyes on the population influx. Editor’s note: Construction Quest is a “Things are still a little slow,” said series of five installments that focuses Phillip Patterson, community devel- on commercial construction proj- opment director for the city of Lafay- ects in the largest cities and towns ette. “I think once construction on in Boulder and Broomfield counties. the Prasanna apartments starts, that Previous installments focused on will generate some more commercial Broomfield, Boulder and Longmont. interest because then there will be The final installment will feature Louis- about 500 apartments down there.” ville/Superior. Prasanna is an $11.5 million, 240- unit apartment complex being built BY JOSHUA LINDENSTEIN by Milestone Development Group [email protected] that will be next to the 264-unit Prana complex just north of the hos- LAFAYETTE — Since it opened pital. in 2004, Exempla Good Samaritan Developer Scott Boyd, who already Medical Center in Lafayette has has built a Montessori school across stood high above the surrounding U.S. Highway 287 to the west of landscape like a mountain on the the hospital, is getting set to build plains. a 28,000-square-foot medical office To the north, east and west has building in the same area. He also has been mostly open land for much of about 2.5 acres where he eventually that time. As the economy recov- plans to build a 36-unit apartment ers, however, the hospital is proving complex. JONATHAN CASTNER a major driver in what is about to “I knew eventually it had to pop,” Although Lafayette community development director Phillip Patterson admits that be a construction boom in south Boyd said. “I’m really happy it’s start- “things are still a little slow,” he expects construction to heat up when work starts Lafayette. ➤ See Lafayette, 16A on the Prasanna apartment complex. 16A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com

LAFAYETTE from 15A Construction projects in Lafayette ing to do it.” A major player in the area is SoLa This map shows the location of major commercial construction projects in the city of Inc., a group of investors from Illi- nois that sold the lots for Prana and Lafayette in various stages, including proposed, approved, under construction or com- Prasanna. SoLa Inc., still has about 50 pleted from January 2011 to July 2013. Details on each project can be found by the cor- acres of land to be developed north of the hospital. NAI Shames Makovsky responding number in the chart on 17A. broker Brian Bair, who helps repre- sent the SoLa Inc., owners in selling finished pads, said about 20 of 14 those acres are slated for office, flex and senior care buildings. The rest is 287 zoned for commercial, retail, restaurants and hospitality, including a pair

Isabelle Rd N 107th St Erie Pkwy of potential hotel sites.

E County Line Rd Bair said the hospital and the neighboring Kaiser Permanente facili- ties already are a big draw, with few amenities around them. But with

N 95th St construction under way on the $17.8 million, 87,552-square-foot Exempla 7 Arapahoe Rd cancer center being built by Saunders N 75th St 75th St 287 Construction Inc., there will be even

N 119th St

N 107th St more need for restaurants and lodging as the number of extended and spe- 15 cialized stays at the hospital increases. 13 16 9 E Baseline Rd “The hospital is a huge driver,” W Baseline Rd E Baseline Rd 7

S Public Rd I think once 8 42 11 construction on the S South Boulder Rd W South Boulder Rd 6 Prasanna apartments 3 1 5 starts, that will generate 2 S 120th St 4 some more commercial 42 Northwest Pkwy Empire Rd 7 12 interest because then 287 10 S 96th St there will be about 500 apartments down there. 170 Dillon Rd Phillip Patterson COMMUNITY DEVELOPMENT DIRECTOR, Northwest Pkwy CITY OF LAFAYETTE 36 Construction projects287 in Erie Bair said. This map shows the location of major commercial construction projects in the town of The boom isn’t limited to south 52 Lafayette. Just to the north along Pub- ErieMineral in Rd various stages, including proposed, approved,Mineral Rd under construction or completed

E County Line Rd lic Road, the Lafayette Tech Center from January 2011 to July 2013. Details on each project can be found by the corresponding is taking shape. Creekside Offices at number in287 the chart on 17A. Old Laramie Trail is a five-building, 42,000-square-foot complex of mostly Lookout Rd Kenosha Rd medical office buildings quickly going

N 95th St in. Colorado CyberKnife LLC, a cancer treatment center, already has a home in one of the buildings. Dr. Glenn E. Her-

N 107th St Jasper Rd Jay Rd rmann’s is building a 10,000-square- foot building there to relocate his Coal Creek Plastic Surgery from Louisville 1 25 Erie Pkwy and lease out extra space once the building is finished in November. Valmont Rd Weld County Road 8 A fourth building at Creekside will be coming soon, said Chris Jensen, Isabelle Rd Erie Pkwy Erie Pkwy 6 president of Vista Commercial Advi- 3 4 sors Inc., the real estate brokerage that N 119th St is handling the condo sales, building 287 sales and leasing for Creekside prop- Vista Pkwy erty owner Hans Brutsche. Eventu- 7 2 ally planned by Brutsche to the west Arapahoe Rd of those five buildings, Jensen said, Arapahoe Rd 5 is a second phase that will include two three-story buildings totaling 7 185,000 square feet of professional 7 E Baseland Rd and medical office space. As more and doctors look to locate their practices near the hospital, Jen- ➤ See Lafayette, 18A Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 17A

CONSTRUCTION PROJECTS IN LAFAYETTE Here is a chart showing details of major commercial and multifamily housing construction projects in the city of Lafayette in various stages, including proposed, approved, under construction and completed from January 2011 through July 2013. The location of each project can be found by the corresponding number on the map on 16A.

PROPOSED Name of Project Building Size Description Owner/developer Value (square feet or units) Azura Living Center 70,100 square feet Seventy-six bed skilled nursing and surgery rehabilitation Mainstreet Properties Group N/A 1 U.S. Highway 287 and Public Road center and separate 26-unit assisted-living facility

APPROVED Name of Project Building Size Description Owner/developer Value (square feet or units) Eva Jean Annex & Subdivision. 28,000 square feet Medical ofﬁce building Scott Boyd N/A 2 785 S. 112th St Jerado Assisted Living Center 18,096 square feet 48-unit assisted living facility in three buildings Jerado Development LLC N/A 3 660 Old Laramie Trail Prasanna Apartments 244,320 square feet Ten 24-unit apartment buildings plus garage Milestone Prasanna GP $11.5 million 4 705 S. Lafayette Drive buildings and clubhouse Precision Plumbing 17,406 square feet Industrial/ofﬁce building Precision Plumbing N/A 5 1392 Horizon Ave.

UNDER CONSTRUCTION Name of Project Building Size Description Owner/developer Value (square feet or units) Coal Creek Plastic Surgery 5,998 square feet Medical ofﬁce building Hans Brutsche Coal Creek Holding Co. $540,000 6 130 Old Laramie Trail Exempla Cancer Center 87,552 square feet Medical ofﬁce building Exempla Healthcare $17.8 million 7 340 Exempla Circle

COMPLETED Name of Project Building Size Description Owner/developer Value (square feet or units) Advance Auto Parts 6,830 square feet Auto parts retail store Advance Auto Parts $388,700 8 680 N. U.S. Highway 287 9 Affinity at Lafayette 117,716 square feet 120-unit senior apartments Traditions at Lafayette LLC $6.9 million 860 Baseline Road West 10 Ball Aerospace 41,619 square feet Tenant remodel for data center/accounting offices Etkin Johnson Group $1.1 million 2675 Crescent Drive 11 Discount Tire 740 9,051 square feet Tire store Halle Properties LLC/Discount Tire Co. $1.1 million U.S. Highway 287 North 12 Fire Station Building No. 2 7,493 square feet Fire station City of Lafayette $2.2 million 511 Exempla Circle 13 Primrose Daycare Center 11,605 square feet Day-care center Happy Hearts Development Center $1.3 million 411 Homestead St. 14 Public Works Pump Station 3 667 square feet Pump at Goosehaven Reservoir for city water distribution system City of Lafayette $679,000 883 N. 107th St. 15 Smiles Dental 5,500 square feet Dental office and spec tenant space Lafayette Covenant Group $480,600 1217 Diamond Circle 16 Thomas Open Space Barn 3,200 square feet Barn for community-supported agriculture use City of Lafayette $550,000 1640 Baseline Road West Source: City of Lafayette Planning Department

CONSTRUCTION PROJECTS IN ERIE Here is a chart showing details of major commercial and multifamily housing construction projects in the city of Erie in various stages, including proposed, approved, under construction and completed from January 2011 through June 2013. The location of each project can be found by the corresponding number on the map on 16A. PROPOSED Name of Project Building Size Description Owner/developer Value (square feet or units) Ward Flex Building 18,000 square feet Spec industrial/ﬂex space Steve Ward N/A 1 1041 Carbon Court Kum & Go 4,900 square feet Gas and convenience store Kum & Go N/A 2 2999 Bonanza Drive

APPROVED Name of Project Building Size Description Owner/developer Value (square feet or units) Velodrome 17,640 square feet Bicycle track Frank Banta $170,000 3 601 Bonnell Ave.

COMPLETED Name of Project Building Size Description Owner/developer Value (square feet or units) Magnum Plastics 12,280 square feet Expansion of medical-device manufacturing building James Miller $1.3 million 4 475 Bonnell Ave. Tri-County Storage 19,200 square feet Expansion of storage facility Muhr Partnership $376,889 5 1401 County Line Road Aspen Ridge 20,989 square feet Kindergarten through ﬁfth-grade elementary school School House LLC $1.1 million 6 Preparatory Charter School 705 Austin Ave CNG practice facility 5,625 square feet Indoor practice facility at Colorado National Golf Club Colorado National Golf Foundation $474,108 7 2690 Vista Parkway Source: Town of Erie Planning Department 18A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com Erie plans for business growth it’s sure will come

BY JOSHUA LINDENSTEIN (references to Boulder’s electric util- [email protected] The fact that the ity municipalization efforts), walking a Wizard of Oz-like path to a bucolic ERIE – If you build the housing, residential development small town. the businesses will come. is falling in place … “There is life outside the Boulder That’s the approach the town of bubble,” Diehl said. “Erie has room Erie is taking as housing growth in the retailers see that. to grow.” community that straddles the Boul- In trying to lure businesses, the der and Weld county lines continues Long-term growth town has hired an economic develop- to boom. opportunities are in Erie – ment coordinator in the past year, The commercial construction as well as other staff tasked with scene might be relatively quiet now. and not at the expense recruiting retail and primary-employ- But town officials believe the ground- er activity. It’s also finding creative work has been laid for an imminent of any quality of life. ways to work with businesses, such eruption. as allowing Echo Brewing Co. to What was a rural community of Fred Diehl renovate a former downtown fire sta- ASSISTANT TO THE TOWN ADMINISTRATOR, about 1,200 people in 1990 grew by TOWN OF ERIE tion in lieu of lease payments, with an 5,000 people by 2000, and stands at option to buy the space from the city more than 20,000 today. According after three years. to the town’s comprehensive plan, town can clearly see the merits. Economic growth undoubtedly That growing population, though, build-out population is slated to hit Frank Banta, who is developing the was on Erie officials’ minds when likely remains the biggest driver for 40,000 by 2025. velodrome along with Doug Emerson, they decided to opt out of the growth in business demand. Through “The fact that the residential devel- owner of Boulder’s University Cycles intergovernmental agreement that the recession, Erie churned out more opment is falling in place … retailers bike shop, said the decision to build included most of the communities in than 100 residential units per year, see that,” Fred Diehl, assistant to the in Erie was a relatively easy one. The Boulder County. Diehl declined to according to Diehl. The town bud- town administrator, said recently. population is booming and young. comment on how that would affect geted for 150 residential building “Long-term growth opportunities are Land is less expensive than in other development in the community permits for this year and already has in Erie – and not at the expense of any cities in Boulder County. The town but acknowledged that the town is issued more than 160. quality of life.” has easy access to Interstate 25 and interested in maximizing its retail Steve Ward of Ward Plumbing To be sure, new commercial con- thus easy access from Denver and Fort potential at its major intersections and Heating in Boulder has gotten struction has some catching up to Collins as well as Boulder County. and along routes such as U.S. High- into the development game of late, do with the housing in Erie. Only Besides, Banta said, Erie wanted his way 287 and Colorado Highway 7. and has Erie pegged for one of his one such project – the Boulder business. Erie is overt about touting its business first projects, the aforementioned Valley Velodrome – is under con- “The town of Erie was much more friendliness, not to mention at with 18,000-square-foot flex building. struction, and just two others – an receptive through the development whom it aims to directly compete Ward is planning to build the build- 18,000-square-foot industrial/flex process,” said Banta, who expects his for business activity. A section on the ing on spec, although he’s had no building on Carbon Court and a Kum 250-meter bike track to be open for city’s website titled “Think outside shortage of interest in the space even & Go gas station on Bonanza Drive – riding in a couple months and com- the bubble” doesn’t mention Boulder though he’s yet to even get building are in the design review process with pletely finished sometime next year. specifically. But there’s a drawing of a permits. the city. “They have a welcoming attitude. man in a business suit, surrounded by “A bunch of (potential tenants) But the people building in the They want to grow.” a bubble and thoughts of 2B and 2C keep calling me on it,” Ward said.

LAFAYETTE from 16A sen said a big draw at Creekside has Lafayette Marketplace, along South “For this part of downtown, it’s Parkway and land at the intersection been about a 33 percent reduction in Boulder Road just east of U.S. 287. been one of those shopping centers of Colorado Highway 7 and 119th St. gross rent versus what practices must Jim Quinlan, owner of Jax Out- that we believe was still viable but it that all are potential commercial sites. pay to locate in ofﬁces on the Exempla doors stores, owns Lafayette Mar- needed a little bit of energy to get it To Jensen, all the pieces seem to be campus. ketplace and opened a Jax Ranch going,” Patterson said. “I think Jax has coming together for a major building “We’re ﬁnding that medical users and Home store there. He also has brought it to the table.” surge in Lafayette: Commercial sup- are coming out of the woodwork,” worked hard to bring new tenants For those looking to build, the ply is low, available land is reasonably Jensen said. such as Front Range Brewing Co. to city still offers plenty of options, and priced, and demand is starting to Not all of the development picking the center and added a pedestrian not just north of the hospital. Patter- surface. up in Lafayette is new construction. accessways through the center to its son said there are 40 acres north of “As long as interest rates stay One major revitalization for the city has back parking lot where vendors for a Walmart along U.S. 287, sites south down,” Jensen said, “right there is a been that of Plaza Lafayette, now called farmers’ market locate. of the hospital near the Northwest recipe for success for developers.”

Find your Green Building Professional Working on a Building Project? ... The Guild is the “go-to-place” Resources for Home & Business Owners to nd your * Find a local green building professional * Find out how to save energy professional and in our online directory and money get your questions * Ask our members questions about your * Make sure you know about answered. project on our online “Ask an Expert forum” current rebates and incentives Tap Our Local Expertise *Realtors *Landscapers * Energy Auditors *Contractors *Renewable Energy Experts *Suppliers & More [email protected] *Architects 303 447 0901 www.ColoradoGreenBuildingGuild.org Aug. 2-15, 2013 | 19A BOULDER COUNTY BUSINESS REPORT WWW.BCBR.COM

20A | Cardiology Clinics HEALTH CARE 21A | Health at school & WELLNESS FOCUS: CARDIAC CARE High-tech cath labs improving care Area hospitals invest in latest heart technology BY BETH POTTER [email protected]

BOULDER — If you want to have your heart and arteries scanned to see if you may have heart disease, area hospitals have the latest technology to see what’s going on inside your body. If you have a heart attack, those hospitals also have the latest high-tech equipment and expertise to treat it. If you think having a heart attack can’t happen to you, remember that heart disease remains the No. 1 cause of death in adults in the United States. More people than ever are sur- viving heart attacks these days, but 50 percent of all attacks still are fatal, according to national statistics compiled from participating doctors across the nation. In Colorado, the incidence of heart disease is about 2 percent to 5 percent JONATHAN CASTNER Dr. Juan Weksler, a cardiologist at Flatiron Heart and Vascular at Avista Adventist Hospital in Louisville, shows off the all-digital across all age groups, a rate similar equipment in the hospital’s cardiac catheter laboratory. Imaging equipment includes X-ray technology and three-dimensional to many other areas of the nation, pictures sent to a computer and projected onto a flat-panel screen used in diagnostic heart scans as well as in treatment. according to the Colorado Depart- ment of Public Health and Environ- ment. Some areas in the South have mont – all have cardiac catheteriza- ever, including plaque build-up in radial artery in the wrist and then an incidence of heart disease of as tion laboratories that have capabilities arteries, according to cardiologists. to a chamber or vessel of the heart. high as 7 percent. to look for heart disease and treat it. One of the most common heart Dye is injected into the body to high- The region’s four hospitals – Avis- Equipment for such labs often scans is a CT, or computerized- light potential plaque build-up in the ta Adventist Hospital in Louisville, range in price from $2 million to tomography angiogram, which can patient’s arteries. Plaque that blocks Boulder Community Hospital in $5 million, according to industry be done at any cardiac catheterization arteries shows up as a dark shadow, Boulder, Exempla Good Samaritan statistics. laboratory, known as a “cath lab.” A doctors say. Medical Center in Lafayette and Digital scanners are able to show catheter is threaded either through Doctors at Boulder Communi- Longmont United Hospital in Long- more details of the human body than the femoral artery in the groin or the ➤ See Cardiac, 20A Cardiologists seeing more preclinical heart disease BY BETH POTTER the Boulder Valley. [email protected] In addition, more area residents are finding out at younger ages that LONGMONT – If you have they have preclinical heart disease plaque in your arteries in your 30s symptoms, mainly because more and 40s and you’re sedentary, you people are getting screenings for might not suspect anything is wrong conditions such as high blood pres- until you have a heart attack — sure and high cholesterol, those years down the road. heart doctors said. JONATHAN CASTNER But if you have plaque in your Since younger people are getting Dr. Murry Drescher, shown in a laboratory at Milestone Cardiology Associates arteries in your 30s and 40s and screened for heart disease, it seems at Longmont United Hospital, said, “Longmont is not your typical Boulder you exercise, you’ll probably see at anecdotally that more are getting County community. (These people) smoke, they drink, they eat lots of beef. I least some symptoms earlier in life, some sort of treatment, those heart try to make them stop smoking. I tell them, ‘You’re working against yourself.’ ” according to some heart doctors in ➤ See Heart, 22A 20A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com BUSINESS CARDIOLOGY CLINICS REPORT CARDIOLOGY CLINICS LIST (Clinics in in Boulder Boulder and and Broomfield Broomfield counties counties ranked ranked by number by number of doctors.) of doctors.)

No. of doctors Person in charge No. full-time Year founded RANK Company employees Products/Services Website EXEMPLA GOOD SAMARITAN MEDICAL CENTER'S 17 Interventional cardiologists, general cardiologists and electrophysiologists. http://www.exemplagoodsamaritan.org/ CARDIOVASCULAR SERVICES 25 CardiovascularServices 1 300 Exempla Circle, Suite 310 Lafayette,CO 80026 303-689-6420/303-689-6430

BOULDER HEART 10 Cardiology, cardiothoracic surgery, electrophysiology, interventional cardiology and nuclear cardiology. Jeffrey Reed 4743 Arapahoe Ave., Suite 201 26 administrator of cardiology services 2 Boulder,CO 80303 www.bch.org/boulderheart 303-442-2395

LONGMONT CLINIC CARDIOLOGY 2 Cardiology services. John P. Stathis 1925 W. Mountain View Ave. 6 cardiologist 3 Longmont,CO 80501 1906 720-494-3117 www.longmontclinic.com

BOULDER MEDICAL CENTER CARDIOLOGY 1 Electrocardiography, echocardiography, exercise tolerance testing and other diagnostic procedures; Matthew R. Holland 2750 Broadway 13 coronary stents. physician in charge 4 Boulder,CO 80304 1949 303-440-3057 www.bouldermedicalcenter.com

FLATIRONS HEART AND VASCULAR 1 Comprehensive interventional cardiology care. Juan Weksler 90 Health Park Drive, Suite 350 4 M.D. 5 Louisville,CO 80027 www.flatironsheart.org 303-269-2905 /303-269-2910

COLORADO CARDIOVASCULAR SURGICAL ASSOCIATES 1 Adult surgery of the heart, lungs, chest, esophagus and the major blood vessels and veins of the body. Cindy Smith 1155 Alpine Ave., Suite 190 3 office coordinator 6 Boulder,CO 80304 www.ccvsa.com 303-440-2244/303-440-2266

MILESTONE MEDICAL GROUP 1 Cardiology services including diagnosis and treatment. Also offers transradial catheterization and Jordan Aslor 2030 Mountain View Ave., Suite 310 3 ambulatory heart monitoring. director 7 Longmont,CO 80501 2012 720-652-8400 www.luhcares.org

Researched by Mariah Tauer The Colorado Cardiovascular Center joined Rocky Mountain Cardiology in January to form Boulder Heart. Source: Business Report Survey

CARDIAC from 21A ty Hospital now recommend that if you can get the vessel opened up patients with a family history of heart sooner rather than later,” Smith said. disease start getting heart check-ups You don’t think it’s going to happen to you, Heart doctors now use stents around age 35, said Dr. Nelson Tru- or you think you can just have this one heart attack. and balloons to open patient arter- jillo, a cardiologist at Boulder Heart, ies – procedures in which they often a cardiologist practice at Anderson Unfortunately, we can’t escape the disease every time. can take advantage of the cath lab’s Medical Center, which is part of equipment as well. Boulder Community’s Foothills cam- Dr. Juan Weksler Separately, Exempla and Boul- pus. CARDIOLOGIST, der Community Hospital have elec- Boulder Heart doctors also com- AVISTA ADVENTIST HOSPITAL trophysiology laboratories in which monly use nuclear stress tests to doctors can treat patients with heart search for heart disease, Trujillo said. arrhythmia, which can be life-threat- Patients can sit in a chair for six patients – often prescribing medicines dimensional imaging capabilities, said ening in certain cases. Such electro- minutes while the procedure is done, to combat high cholesterol and high Dr. Jeanette Smith, director of car- physiology equipment also is used Trujillo said. New cameras are able blood pressure after doing simple diology at the hospital in Lafayette. to diagnose and treat a patient who to take higher-quality pictures more blood tests. Longmont United runs “It’s all about seeing, and the might need a pacemaker implanted quickly than ever; the procedure used the Healthy Ambitions exercise pro- (improved) image quality is seeing in the heart, or a deﬁbrillator. to take 20 minutes with a patient try- gram, a preventive exercise program, what we’re doing,” Weksler said. Exempla’s electrophysiology labo- ing to lie completely still to allow the said Karen Logan, a hospital spokes- Heart-disease patients often seem ratory has been used for 15 heart cameras to take sharp photos, Trujillo woman. to be in denial about the potential arrhythmia cases since April 1. The said. The heart is stimulated with “We’re very focused on preventive that they might have a heart attack, laboratory is expected to get even medicine in one version of the test. care,” Drescher said. Weksler said. busier in the wake of a new agree- Doctors also continue to use the Boulder Community Hospital also “You don’t think it’s going to hap- ment in which Kaiser Permanente electrocardiogram, or ECG, stress focuses on prevention, Trujillo said. pen to you, or you think you can just physicians who previously had test, in which cameras take internal Patients with family histories of heart have this one heart attack,” Weksler done their electrophysiology work pictures while patients walk on a disease often are prescribed drugs said. “Unfortunately, we can’t escape at Exempla St. Joseph Hospital in treadmill. The heart is stimulated to treat high cholesterol and high the disease every time.” Denver will come to the Lafayette through exercise, which can show blood pressure. Doctors also remind When a patient has a heart attack, hospital, Smith said. any abnormal blood flow to the those patients to exercise and to eat every second counts toward survival, Even with all of the technology heart’s muscle tissue. diets heavy in fruits and vegetables, doctors say. available, the best lesson still is to The test is used to diagnose heart he said. At the Good Samaritan cath lab take care of your body, said Dr. Jeff disease as well as to check patient Still, the cath lab has capabili- and others, doctors are focused on Reed, director of cardiology at Boul- prognosis after he or she already has ties to see exactly what’s going on getting their treatment times to be as der Community Hospital. had a heart attack. in a patient’s body – especially one short as possible. Exempla is focused “There’s great heart care in Boul- At Longmont United Hospital, Dr. that offers three-dimensional pic- on achieving the national high-level der County,” Reed said. “The biggest Murry Drescher at Milestone Medi- tures, said Dr. Juan Weksler, a car- standard of 90 minutes from when a thing you can do to stay healthy is to cal Group most commonly uses the diologist practicing at the hospital. patient contacts emergency person- get screened, stay active and don’t CT angiogram scans as his diagnostic Avista’s three-dimensional pictures nel to when the treatment is com- smoke. If you do have a problem with tool of choice. “can be instrumental in diagnosis and plete, Smith said. blood pressure or cholesterol, the less Drescher said he also empha- treatment,” he said. Exempla Good “For certain kinds of (heart dis- damage there is over your life (to your sizes heart attack prevention to his Samaritan also is proud of its three- ease) you get an improved outcome arteries), the better.” Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 21A Hospital joins nonproﬁt to enhance school programs Affordable Care Act mandates spur drive for wellness education

BY SALLY McGRATH [email protected]

LONGMONT — Longmont Unit- ed Hospital is joining forces with Healthy Learning Paths to take health education into schools that are interested in expanding their wellness programs and enhancing their science curriculum. “We’ve identified childhood obesity as a community health need,” said Peter Powers, director of business development at the hospital. “Our team reviewed a variety of programs that work with children and families to address that need, and we agreed that Healthy Learning Paths was by far the best program to encourage children to make healthy choices. JONATHAN CASTNER “This is an evidence-and science- Dr. Jen Johnson, left, speaks with Dr. Chris Marchioni, a family-practice physician and founder of Healthy Learning Paths, dur- based curriculum that utilizes medi- ing a training workshop at Longmont United Hospital that taught the health-care professionals how to educate schoolchildren cal professionals to present wellness about healthy eating habits. strategies in schools with a focus on the early childhood years. Research gram based in science and child devel- Healthy Learning Paths hopes to put where we can empower children with shows that the early years is the best opment. Last semester, the “Be Well, the final changes on a program that skills for health and happiness,” said time to impact children.” Learn Well” curriculum was taught to can be reproduced in any hospital in Dr. Chris Marchioni, a family-prac- Founded in 2005, Westminster- 1,400 students in 70 classrooms, 24 any community. tice physician and founder of Healthy based Healthy Learning Paths is a schools and six school districts in the “We have plenty of research that Learning Paths. “With the help of nonprofit organization that offers a Boulder-Denver area. Through work- shows how to prevent diseases; now Longmont United Hospital, we are comprehensive school wellness pro- ing with Longmont United Hospital, it’s time to venture into classrooms ➤ See Hospital, 22A 22A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com

HEART from 19A doctors said. It’s certain that a “signifi- It’s incredibly common that we develop heart coronary heart disease, according to cant” number of residents know they statistics from the Colorado Depart- have high cholesterol, according to disease at some point with a steady stream of high ment of Public Health and Environ- the Colorado Department of Public ment. About 5 percent of the popu- Health and Environment. The state calorie foods leading to plaque build-up on the arteries, lation has reported angina or heart office did not give specific statistics on and family history. disease from ages 55 to 64; about how many residents know about their 10 percent to 11 percent reported high-cholesterol issues or how rapidly angina or heart disease at 65 or older. Dr. Nelson Trujillo awareness had gone up. CARDIOLOGIST, “It turns out that in heart disease, “We are definitely seeing more BOULDER HEART the single biggest predictor of risk people with preclinical heart disease still is age,” Trujillo said. “It’s incred- that has been picked up by heart ibly common that we develop heart scans,” said Nelson Trujillo, a doctor disease at some point with a steady at Boulder Heart, a practice under should be having heart surgery at here. Longmont is not your typi- stream of high calorie foods leading the auspices of Boulder Community that age,” Weksler said. “He wasn’t cal Boulder County community. to plaque build-up on the arteries, Hospital. “They’ve been referred for excessively unhealthy. He smoked, (These people) smoke, they drink, and family history.” treatment.” but he didn’t have diabetes or high they eat lots of beef,” Drescher said. Boulder Heart recommends heart For example, a female patient in blood pressure or a family history “I try to make them stop smoking. screening for patients at age 35 who her 50s recently tested positive for (of heart disease). It was unfortunate I tell them, ‘You’re working against have strong family histories of heart preclinical heart disease, Trujillo for him.” yourself.’ ” disease. Aggressive screening for said. Her brother recently had qua- Perhaps in contrast, a number At Exempla Good Samaritan heart disease is important because druple bypass surgery at Boulder of younger patients have come in Medical Center, anecdotal heart early treatment helps, Trujillo said. Community Hospital, so the woman for treatment at Milestone Cardiol- attack data may show that younger However, risk-factor patterns are wants to take preventive medicine ogy Associates at Longmont United people are coming in with heart dis- changing, with the rate of obesity and if she needs it, Trujillo said. High- Hospital, said Dr. Murry Drescher, ease, said Jeanette Smith, director diabetes rising across the nation, said cholesterol drugs called “statins” can a cardiologist there. He said he sees of cardiovascular services. But the Alan Go, chairman of the American substantially lower a person’s risk of more smokers who are unwilling number isn’t statistically significant, Heart Association statistics com- heart disease, he said. to quit in Colorado than he saw Smith said. mittee. While obesity and diabetes In Louisville, a smoker in his 30s in a previous practice in Florida. “We’ll have a string of patients don’t directly lead to heart disease, came into the emergency room with Just 50 percent of smokers in Colo- ages 45 to 52 and think ‘They’re he said, people who are overweight chest and arm discomfort symptoms rado are willing to quit, Drescher younger than they used to be’,” also often have high cholesterol. At recently and couldn’t believe he said, while about 90 percent quit in Smith said. “But it kind of just comes the same time, Go added, people age was having a heart attack, said Juan Florida once he told them to. Also, in waves. Overall, we haven’t seen 65 and older have seen a slight drop Weksler, a cardiologist at Avista people coming to the Milestone that as a trend.” in the total number of heart attacks Adventist Hospital. Since patients office are overweight at younger ages From the statistical standpoint, in their population. must give their consent to receive than they used to be, Drescher said, both the region and the state have a “Risk-factor patterns are a con- treatment, Weksler said he was in meaning that they may deal with all similar prevalence of heart disease as cern from a public health perspec- the awkward position of impressing sorts of health problems earlier in anywhere else in the nation. About tive, but is it a higher risk of actual on the man that his symptoms were life, including high blood pressure 2 percent of state residents from 45 heart attacks for younger people?” going to mean heart surgery. and diabetes. to 54 have reported having angina Go asked rhetorically. “I’m not sure “You just don’t really think you “A lot of young people come in (chest pain from heart spasms) or there are systematic differences.”

HOSPITAL from 21A taking the best medical practices nonprofit movement that focuses on out of the doctor’s office and putting LIVEWELL LONGMONT, WHICH ALSO FOCUSES policy, environmental and lifestyle them in the classroom and commu- changes that remove barriers and nity where we can make the biggest on early childhood education in the school systems, made it increase access to healthy behaviors. impact in health and learning success easier for youths to walk or bike to school by placing a pro- Working in partnership with obesity- for children.” prevention initiatives across Colo- Longmont United Hospital has gram coordinator in the schools, installing bike racks and rado, LiveWell aims to provide every recruited several primary-care physi- citizen with access to healthy foods cians, pediatric nurses, nurse practi- creating interactive maps for parents and children to access and opportunities for physical activ- tioners and other clinical staff to be these routes. ity in the places they live, work, learn trained to present the Healthy Learning and play. Paths curriculum. Training began this LiveWell Longmont, which also week. Once they are trained, the hos- focuses on early childhood education pital will offer these services to schools in the school systems, made it easier that are interested in expanding their Team members also will meet with an outgrowth of the federal Afford- for youths to walk or bike to school health and science curriculum. parents to engage them in the pro- able Care Act, commonly known as by placing a program coordinator in Teachers have to want the program gram. “These tools enable parents Obamacare, which requires nonprofit the schools, installing bike racks and in their schools, Marchioni said. A to effectively coach children as they hospitals to conduct community- creating interactive maps for parents Healthy Learning Paths team will visit navigate obstacles to achievement and needs assessments and to demon- and children to access these routes. the classrooms once a month to educate good health,” Marchiono said. strate how their health-care programs LiveWell also funded a school the children. The program will focus on Powers said there is a waiting list of are addressing those needs. The tax- wellness coordinator as a permanent nutrition, exercise, dental care, mental schools that want the program. Prior- exempt status of nonprofit hospitals position within the St. Vrain Val- well-being, social and emotional devel- ity will be given to schools with the is on the line. ley School District, which covers opment, and relaxation. highest percentage of students receiv- Longmont United’s assessment the majority of Longmont United One example from the curriculum ing free and reduced-cost lunches. found that a primary need is to com- Hospital’s service area. The wellness is a nutrition lesson on fats using a The initial cost to train partic- bat the growing rate of childhood coordinator focuses on improving the character called “Ava the Avocado.” ipants, which includes physicians, obesity. The Latino population is par- physical education program to help Using an illustrated book about a girl nurses, other clinical staff and retired ticularly vulnerable to this epidemic, increase the levels of physical activ- who dreamed she was an avocado teachers, will be from $7,000 to the assessment found. ity and to align with stricter physical and aids that show the heart, brain $10,000, Powers said. The program The hospital already had embarked education standards. The wellness and muscles, children are taught the is being funded by the hospital; there on this strategy by becoming the coordinator also assists the district to difference between good fats and bad is no direct cost to participants. The fiscal agent and sponsor of LiveWell increase the number of children who fats. At the end of the class, students budget for 2014 has not been set. Longmont. LiveWell Longmont is consume the recommended servings make guacamole from scratch. The Longmont United program is a division of LiveWell Colorado, a of fruits and vegetables each day. Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 23A FOR THE RECORD #D-11CV-000613. DATE: 7/3/2013 Date Closed: 7/2/2013 & LORI N RELKIN, 2648 SHADOW LAKE RD Bankruptcies Foreclosures Judgments DEBTOR: CHARLES IV & Seller: DONALD MARK & PAULA J Address: 2848 SHADOW LAKE RD, Applications for bankruptcy Includes notices of election Judgments constitute deci- CHARLES CLARKE, CREDITOR: CARLSON BOULDER protection are filed with the and demand filed by credi- sions by a court of law PREMIER MEMBERS FED CREDIT Buyer, Buyer’s Address: JAMES N Price: $572300 UNI. AMOUNT: $15349.27. CASE & VIRGINIA K WELLER, 845 COP- U.S. Bankruptcy Court in tors alleging default on a against an individual or Date Closed: 7/2/2013 Denver. Chapter 7 denotes debt. Foreclosures are not corporation for payment of #D-11CV-000613. DATE: 7/3/2013 PERDALE LN Address: 845 COPPERDALE LN, Seller: DENISE L & ALLAN G SNELL DEBTOR: INFINITY GLASS LLC, filings made for liquidation. final until a Public Trustee’s monetary damages. GOLDEN Buyer, Buyer’s Address: JOHN O & CREDITOR: IJM INV LLC. AMOUNT: Chapter 11 indicates filings Deed has been issued. Price: $338000 SUSAN B COLEMAN, 819 TEMPTED Warranty Deeds $6660.5. CASE #D-13CV-031309. Date Closed: 7/2/2013 WAYS DR for reorganization. Chap- DATE: 7/3/2013 State Tax Liens Transfers property while Address: 819 TEMPTED WAYS DR, ter 13 indicates filings that Seller: NATHAN R & MAGALIS O Judgments filed against guaranteeing a clear title DEBTOR: CHIP CONNOLLY, CREDI- LONGMONT enable petitioners to pay off HIGGINS TOR: SUSAN BARBIERI. AMOUNT: Price: $477500 assets of individuals or free of any encumbrances Buyer, Buyer’s Address: LORRAINE their creditors over three to $5120.0. CASE #C-11S-000334. Date Closed: 7/2/2013 businesses with delinquent that are not listed on the S LEENIG, 8593 MIDDLE FORK RD five years. DATE: 7/3/2013 taxes. deed. Address: 1813 LOGAN ST, LONG- Seller: MORDELL INVESTMENTS DEBTOR: JEREMIAH J DROESS- MONT LLC This information is obtained from SKLD Information Services. LER, CREDITOR: MERCHANTS Price: $207000 Buyer, Buyer’s Address: YUSUPHA ACCEPTANCE INC. AMOUNT: Date Closed: 7/2/2013 C JOW, 676 STARKEY CT $2426.78. CASE #C-13C-030968. Address: 676 STARKEY CT, ERIE Seller: JOAN M ORIGER BANKRUPTCIES NATIONAL TRUST C, AMOUNT DUE: BORROWER: KENNETH J & GINA L DATE: 7/3/2013 Price: $290900 Buyer, Buyer’s Address: WESLEY $436837. CASE #3322022. 6/24/2013 KLEIN, 3139 W 134TH PL, BROOM- Date Closed: 7/2/2013 FIELD. LENDER: FEDERAL NATION- DEBTOR: WILLIAM T JR & DOROTH JAMES KENNEDY, 319 5TH AVE Boulder County BORROWER: JARRED MORGAN, AL MORTGAGE ASSO, AMOUNT WELCH, CREDITOR: BC SERVIC- Address: 319 5TH AVE, LONGMONT Seller: MICHAEL WHITE 1832 QUEENS DR, LONGMONT. Chapter 7 DUE: $131381. CASE #9458. ES INC. AMOUNT: $971.46. CASE Price: $275500 Buyer, Buyer’s Address: JULIE FRANCISCO Q SALAMON, 2126 LENDER: WELLS FARGO BANK NA 6/28/2013 #C-10C-000626. DATE: 6/28/2013 Date Closed: 7/2/2013 LEVINE, 1505 PEARL ST APT 202 ASTORIA LANE, LONGMONT; CASE TRUSTEE, AMOUNT DUE: $192325. Address: 1505 PEARL ST APT 202, DEBTOR: WILLIAM T JR & DOROTH Seller: LINDA E SMITH #2013-21503, DATE FILED: 7/3/2013. CASE #3322023. 6/24/2013 BORROWER: DOUGLAS L & KRISTY BOULDER E TRACY, 3161 ROCK CREEK DR, WELCH, CREDITOR: BC SERVIC- Buyer, Buyer’s Address: DOUG W II AMY WOLD, 329 BOBCAT POINT, BORROWER: FRANK CHAPMAN III Price: $637500 BROOMFIELD. LENDER: NATION- ES INC. AMOUNT: $971.46. CASE KEIM, 324 MUMFORD AVE LAFAYETTE; CASE #2013-21514, & ELEANOR TAFFEE B HIGHTOWER, Date Closed: 7/2/2013 STAR MORTGAGE LLC, AMOUNT #C-10C-000626. DATE: 6/28/2013 Address: 324 MUMFORD AVE, DATE FILED: 7/3/2013. 3385 SAINT VINCENT PL, BOUL- DUE: $244414. CASE #9622. 7/2/2013 LONGMONT Seller: INDIAN PEAKS SOUTH 2 LLC DER. LENDER: DEUTSCHE BANK Broomfield County DEBORAH A WETZEL, 1343 S Price: $157000 Buyer, Buyer’s Address: BRODIE & NATIONAL TRUST C, AMOUNT DUE: DEBTOR: WILLIAM T JR & DOROTH COFFMAN ST #4, LONGMONT; JUDGMENTS Date Closed: 7/2/2013 MICHELLE CHINATTI, 506 HOYT LN $488648. CASE #3322024. 6/24/2013 WELCH, CREDITOR: BC SERVIC- CASE #2013-21516, DATE FILED: Address: 506 HOYT LN, LAFAYETTE Boulder County ES INC. AMOUNT: $971.46. CASE Seller: OCEAN 18 LLC 7/3/2013. BORROWER: CHRISTOPHER R & Price: $334600 DEBTOR: VICTOR KETTER, #C-10C-000626. DATE: 6/28/2013 Buyer, Buyer’s Address: NATHAN J JILL TIMMERMAN, 1310 BROOK- Date Closed: 7/2/2013 RAHUL M SHARMA, 503 EISEN- CREDITOR: HAROLD & ELEANOR JOHNSON, 777 GLENARBOR CIR FIELD DR, LONGMONT. LENDER: DEBTOR: DANIEL J CHUM, CREDI- HOWER DRIVE, LOUISVILLE; CASE COLLINS. AMOUNT: $0.0. CASE Address: 777 GLENARBOR CIR, Seller: DAVID T & SUSAN MARIE JPMORGAN CHASE BANK NATION- TOR: RIVER RUN FILING NO 4 HOA. #2013-21535, DATE FILED: 7/3/2013. #80CV1524. DATE: 6/26/2013 LONGMONT READ AL A, AMOUNT DUE: $167270. CASE AMOUNT: $2175.74. CASE #C-09C- Price: $262900 Buyer, Buyer’s Address: DAVID T DEBTOR: BELMA PAYAREZ, CREDI- JOHN D BURCH, 4221 WCR 32, #3322765. 6/26/2013 048643. DATE: 6/27/2013 Date Closed: 7/2/2013 TRUSTEE & SUSAN M TRUSTEE TOR: AM FAMILY MUT INS CO. LONGMONT; CASE #2013-21592, BORROWER: PATRICIA A MURPHY, READ, 3320 LONGWOOD AVE AMOUNT: $7244.51. CASE #C-13C- DEBTOR: DENVER DESIGN Seller: JOHN & LEAH RUTH DATE FILED: 7/5/2013. 1057 LARAMIE BLVD UNIT C, BOUL- Address: 3320 LONGWOOD AVE, 031020. DATE: 6/25/2013 EMBROIDERY, CREDITOR: RIVER VANDERSLUIS BOULDER RANDY JOSEPH KENNISON, 1438 DER. LENDER: BANK AMERICA, RUN FILING NO 4 HOA. AMOUNT: Buyer, Buyer’s Address: EMILY B & DEBTOR: MARLON MORALES, Price: $ SUMAC ST, LONGMONT; CASE AMOUNT DUE: $155398. CASE $2390.76. CASE #C-09C-048643. SEAN C MCGREE, 718 VICTORIA CT CREDITOR: AM FAMILY MUTUAL Date Closed: 7/2/2013 #2013-21597, DATE FILED: 7/5/2013. #3323009. 6/27/2013 DATE: 6/27/2013 Address: 718 VICTORIA CT, LAFAY- INS CO. AMOUNT: $3169.37. CASE BORROWER: PAULA K HATZEN- ETTE Seller: JIL SCHWANKE PAMELA BROOKE SLATER, PO #C-13C-030940. DATE: 6/25/2013 DEBTOR: HANIA J DABIT, CREDI- BOX 1583, BOULDER; CASE #2013- BUHLER, 1321 CARNATION CIR, TOR: DISCOVER BK V. AMOUNT: Price: $324000 Buyer, Buyer’s Address: JIL TRUST- 21606, DATE FILED: 7/5/2013. LONGMONT. LENDER: US BANK DEBTOR: JOSE A RAMIREZ, CRED- $10504.65. CASE #C-13C-030507. Date Closed: 7/2/2013 EE SCHWANKE, 4137 CLIFTON CT ITOR: UNION COLONY BK. AMOUNT: Address: 4137 CLIFTON CT, BOUL- NATIONAL ASSOCIATION T, DATE: 6/27/2013 Seller: JAMES J ZUNGOLO NATHAN JAMES MOLDE, 855 W $12776.89. CASE #C-07C-007646. DER AMOUNT DUE: $205309. CASE Buyer, Buyer’s Address: JAMES J & DILLON ROAD, LOUISVILLE; CASE DATE: 6/26/2013 DEBTOR: STEVEN L CAPLAN, Price: $ #3323010. 6/27/2013 LAURA R ZUNGOLO, 7157 PETURS- #2013-21607, DATE FILED: 7/5/2013. CREDITOR: AARON COHEN. Date Closed: 7/2/2013 BORROWER: GALEN FARIS, 1403 DEBTOR: CHERYL ANSEL, CREDI- AMOUNT: $112087.67. CASE DALE CT GAVIN KENNETH PATAKI, 7391 LYDIA DR, LAFAYETTE. LENDER: TOR: CAVALRY PORTFOLIO SERVIC- #D-10CV-000629. DATE: 7/2/2013 Address: 7157 PETURSDALE CT, Seller: MATTHEW J & MARY E JONES MEADOWDALE DR, NIWOT; CASE WELLS FARGO BANK, AMOUNT ES LLC. AMOUNT: $12664.38. CASE BOULDER Buyer, Buyer’s Address: KEVIN #2013-21617, DATE FILED: 7/5/2013. DEBTOR: JOSE E SANCHEZ CAR- DUE: $177811. CASE #3323011. #C-13C-030516. DATE: 6/26/2013 Price: $ EDWARD & JULIE BETH OSULLIVAN, ILLO, CREDITOR: COLO ST REV- RON TATSUO YOSHINO, 10454 6/27/2013 Date Closed: 7/2/2013 337 9TH AVE DEBTOR: KIMBERLY A DOMANI- ENUE. AMOUNT: $6852.0. CASE LOWER RIDGE RD, LONGMONT; Address: 337 9TH AVE, LONGMONT BORROWER: CARLOS & GRISELDA CO, CREDITOR: CAPITAL ONE BK #D-D802012CV800156. DATE: Seller: MERITAGE HOMES COLO- CASE #2013-21628, DATE FILED: Price: $167000 ORONA, 325 WADSWORTH CIR, USA. AMOUNT: $2660.04. CASE 7/5/2013 RADO INC 7/5/2013. Date Closed: 7/2/2013 LONGMONT. LENDER: WELLS #C-13C-031309. DATE: 6/26/2013 Buyer, Buyer’s Address: PRASHANT RELEASE & EKTA JAIN, 5016 KIMBERLY PL Seller: LINDSEY S GATEWOOD TIMOTHY WILLIAM GERWIG, 4805 FARGO BANK, AMOUNT DUE: DEBTOR: SIMONA G DEZAMO- Address: 5016 KIMBERLY PL, LONG- Buyer, Buyer’s Address: WILLIAM EISENHOWER DRIVE, BOULDER; $175179. CASE #3323012. 6/27/2013 RA, CREDITOR: GEMINI CAPITAL OF JUDGMENT MONT CHARLES KALINOWSKI, 610 S 44TH CASE #2013-21635, DATE FILED: GROUP LLC. AMOUNT: $1253.95. BORROWER: DEBRA L ROYVAL, Boulder County Price: $428100 ST 7/6/2013. CASE #C-10C-005691. DATE: 711 SIR GALAHAD DR, LAFAYETTE. DEBTOR: ART DEAL LLC, CREDI- Date Closed: 7/2/2013 Address: 610 S 44TH ST, BOULDER 6/26/2013 LUIS ALONSO CALDERON, 630 LENDER: BANK NEW YORK MEL- TOR: JPMORGAN CHASE BK. Price: $489000 Seller: FRANK L & SUSAN CHAVEZ SOUTH PECK DRIVE APT 3306, LON TRUSTEE, AMOUNT DUE: DEBTOR: MARK R PALMER, AMOUNT: $51337.72. CASE Date Closed: 7/2/2013 Buyer, Buyer’s Address: ALAYNA L LONGMONT; CASE #2013-21684, $134726. CASE #3323499. 6/28/2013 CREDITOR: CACH LLC. AMOUNT: #D-10CV1065. DATE: 6/27/2013 MOORE, 1956 OXFORD LN Seller: ANNE CLARK DATE FILED: 7/8/2013. $16051.15. CASE #D-13CV-030297. BORROWER: THUAN Q & NATALIE L STATE TAX LIENS Address: 1956 OXFORD LN, SUPE- Buyer, Buyer’s Address: HEATHER DATE: 6/27/2013 DAVID EDWARD ZACH, 1250 HOANG, 2136 KAY ST, LONGMONT. RIOR C & JESSE M LOCKE, 737 SNOW- CHAMBERS DR, BOULDER; CASE LENDER: NATIONSTAR MORTGAGE DEBTOR: LUKE S GEIST, CREDI- Boulder County Price: $197000 BERRY ST #2013-21715, DATE FILED: 7/9/2013. LLC, AMOUNT DUE: $106976. CASE TOR: DISCOVER BK. AMOUNT: AERO REMEDY LTD, $3006.0, CASE Date Closed: 7/2/2013 Address: 737 SNOWBERRY ST, #3323500. 6/28/2013 $17680.81. CASE #D-13CV-030546. #3322672, 6/25/2013. LONGMONT MICHAEL JOSEPH PEAVY, 306 Seller: CHRISTINE MARIE MANZO DATE: 6/27/2013 Price: $247000 MUMFORD AVE, LONGMONT; BORROWER: LYNNE A CHIZZICK, TRACY RBOLAND, $648.0, CASE Buyer, Buyer’s Address: BRENDA Date Closed: 7/2/2013 CASE #2013-21826, DATE FILED: 2328 RIMROCK CIR, LAFAYETTE. DEBTOR: MOLLY NAMAZZI, CREDI- #3322674, 6/25/2013. MORRIS, 1239 WARRIOR WAY 7/11/2013. LENDER: BANK AMERICA, AMOUNT TOR: DISCOVER BK. AMOUNT: CANDY SHOP HYDROPONICS LLC, Address: 1239 WARRIOR WAY, Seller: INDIAN PEAKS SOUTH 2 LLC DUE: $409677. CASE #3323501. $7033.49. CASE #C-10C-313241. $624.77, CASE #3322437, 6/25/2013. LAFAYETTE Buyer, Buyer’s Address: MELANIE M Chapter 13 6/28/2013 STUART GARRISON WELWOOD, DATE: 6/27/2013 Price: $199000 FRANCIS, 2844 SHADOW LAKE RD RANDALLFORTNER, $1977.0, CASE Date Closed: 7/2/2013 Address: 2844 SHADOW LAKE RD, 1657 DEERWOOD DRIVE, LONG- BORROWER: LORI L ROSS, 731 DEBTOR: GERALD JOSEPH & #3322675, 6/25/2013. BOULDER MONT; CASE #2013-21708, DATE JULIAN CIR, LAFAYETTE. LENDER: GERAL MARTINEZ, CREDITOR: Seller: DOUGLAS A & GAYLA C Price: $371200 FILED: 7/9/2013. WELLS FARGO BANK, AMOUNT ROCKY MOUNT LAW ENFORCE- JVA INC, $38118.33, CASE KRAUS Date Closed: 7/2/2013 DUE: $142094. CASE #3323502. MENT. AMOUNT: $23746.54. CASE #3323314, 6/27/2013. Buyer, Buyer’s Address: ROSEMARY WESLEY MARTIN BEERY, 7485 S 6/28/2013 BOULDER RD, BOULDER; CASE #D-13CV-030519. DATE: 6/27/2013 KARMACEUTICALS SKIN CARE, LLC, 9285 E CRESTLINE AVE Seller: YONG WOO YI Address: 808 CONFIDENCE DR, Buyer, Buyer’s Address: RUTH H #2013-21765, DATE FILED: 7/9/2013. BORROWER: JAMES J & ROBIN DEBTOR: CARMELLA XANATTA, $2888.0, CASE #3322676, 6/25/2013. LONGMONT SUMMERS, 4886 N 119TH ST L MERRION, 3284 SENTINEL DR, CREDITOR: CENTRAL CREDIT Broomfield County ROCKY MOUNT CARDIOLOGY Price: $80000 Address: 4886 N 119TH ST, ERIE BOULDER. LENDER: WELLS FARGO CORP. AMOUNT: $1476.85. CASE PC, $22875.47, CASE #3324766, Date Closed: 7/2/2013 Price: $315000 Chapter 7 BANK, AMOUNT DUE: $268980. #C-13C-031515. DATE: 7/1/2013 7/3/2013. Date Closed: 7/2/2013 JOHN BRUCE MCDANIEL, 14300 CASE #3323744. 7/1/2013 Seller: JOSEPH T & AMY M FRISK DEBTOR: MARY BUKSZAR, CREDI- WATERSIDE LANE #E1, BROOM- THOMAS JSHERIDAN, $1404.0, Buyer, Buyer’s Address: CYNTHIA P TOR: BROCK PUBLISHING CORP. Seller: LEANNE LORRAINE GOFF FIELD; CASE #2013-21436, DATE BORROWER: BRADLEY E JR & CASE #3322673, 6/25/2013. & MICHAEL G WHITHAM, 8021 FOX AMOUNT: $2719.35. CASE #C-12C- Buyer, Buyer’s Address: JOHN RON- FILED: 7/2/2013. YALONDA WOLFE WATSON, 4743 RIDGE CT 030811. DATE: 7/1/2013 RELEASE DASH, 712 JULIAN CIR DEVONSHIRE ST, BOULDER. LEND- Address: 8021 FOX RIDGE CT, Chapter 13 OF STATE TAX LIENS Address: 712 JULIAN CIR, LAFAY- ER: WELLS FARGO BANK NATION- DEBTOR: DONNA J GISSEL, BOULDER JOSE TRINIDAD RANGEL, 14563 ETTE AL ASSO, AMOUNT DUE: $175271. CREDITOR: SGREED LLC. AMOUNT: Price: $810000 SHERIDAN BLVD, BROOMFIELD; Boulder County Price: $173000 CASE #3323745. 7/1/2013 $10201.46. CASE #C-13C-031445. Date Closed: 7/2/2013 CASE #2013-21783, DATE FILED: MEAGANHANZLIK, $4179.0, CASE Date Closed: 7/2/2013 DATE: 7/1/2013 7/10/2013. BORROWER: DANIEL E BARCHERS, #3325004, 7/3/2013. Seller: FANNIE MAE 835 KANE DR APT 28, LONGMONT. DEBTOR: STEVEN L CAPLAN, Buyer, Buyer’s Address: MICHAEL Seller: JEFFREY S & REBECCA S LENDER: BANK AMERICA, AMOUNT NATURAL HEALTH SOLUTIONS FORECLOSURES CREDITOR: AARON COHEN. W GALLAGHER, 12762 WOODLAND NICKEL DUE: $169649. CASE #3324717. INC, $0.0, CASE #3323694, 7/1/2013. AMOUNT: $112087.67. CASE DR Buyer, Buyer’s Address: RAFAEL U Boulder County 7/3/2013 BORROWER: FRENCH S JR DURST, #D-10CV-000629. DATE: 7/2/2013 WARRANTY DEEDS Address: 12762 WOODLAND DR, VALDEZ, 1608 20TH AVE DAVID H EMMITT, LONGMONT Address: 1608 20TH AVE, LONG- 4535 BEACHCOMBER CT, BOUL- BORROWER: DEBTOR: ROBERT L LOVER, CRED- Boulder County 4246 LEE HILL DR, BOULDER. Price: $160000 MONT DER. LENDER: CAPITAL ONE, ITOR: BOULDER VALLEY CREDIT Seller: ALVIN J & KAREN H CICCONE LENDER: FIFTH THIRD MORTGAGE Date Closed: 7/2/2013 Price: $260000 AMOUNT DUE: $189528. CASE UNION. AMOUNT: $5381.32. CASE Buyer, Buyer’s Address: MARTIN E CO, AMOUNT DUE: $269786. CASE Date Closed: 7/2/2013 #3321397. 6/20/2013 #C-11C-000924. DATE: 7/3/2013 ORNER, 1526 DONOVAN PL Seller: MARK & LORELEI JANIS #3324718. 7/3/2013 Address: 1526 DONOVAN PL, LONG- Buyer, Buyer’s Address: DAVID M & BORROWER: JOHN B HANKS, 100 DEBTOR: KANE COLEMAN, CREDI- Seller: DEBORAH KARI LURAAS MONT ANN E JANIS, 3557 BLANCA PEAK W SPAULDING ST, LAFAYETTE. Broomfield County TOR: U OF C FED CREDIT UNION. Buyer, Buyer’s Address: JASON T Price: $167000 DR LENDER: ELEVATIONS CREDIT BORROWER: KATHERINE RAMM AMOUNT: $9138.15. CASE #C-06C- SHIN, 5463 PTARMIGAN CIR Date Closed: 7/2/2013 Address: 3557 BLANCA PEAK DR, UNION, AMOUNT DUE: $96226. & HARLAN SCHRADE, 3493 W 001307. DATE: 7/3/2013 Address: 5463 PTARMIGAN CIR, SUPERIOR CASE #3321398. 6/20/2013 131ST PL, BROOMFIELD. LENDER: Seller: SUSAN J BASSAK BOULDER DEUTSCHE BANK NATIONAL TRUST DEBTOR: CHARLES IV & Price: $310000 BORROWER: LORRAINE MARY Buyer, Buyer’s Address: JENNIFER A Price: $439900 C, AMOUNT DUE: $160228. CASE CHARLES CLARKE, CREDITOR: Date Closed: 7/2/2013 MOLLER, 716 SPRUCE ST, BOUL- PREMIER MEMBERS FED CREDIT BALDWIN, 202 8TH AVE Date Closed: 7/2/2013 #9360. 6/27/2013 Address: 202 8TH AVE, LONGMONT Seller: INDIAN PEAKS SOUTH 2 LLC DER. LENDER: DEUTSCHE BANK UNI. AMOUNT: $9505.67. CASE Seller: GERARD S & VICKI R PAUL Price: $202000 Buyer, Buyer’s Address: LOWELL 24A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com FOR THE RECORD Buyer, Buyer’s Address: KIRSTIE M Date Closed: 7/3/2013 L GALLAGER, 2854 SHOSHONE TRL Seller: 2930 PEARL STREET LLC Address: 850 W 5TH ST, NEDER- Seller: GRACE W MCCLURE & CHRISTOPHER GUTIERREZ, 2626 Address: 2854 SHOSHONE TRL, Buyer, Buyer’s Address: PEARL LAND Buyer, Buyer’s Address: JOHN R & Seller: SUHAS GADEKAR FALCON DR LAFAYETTE PLACE ASSOCIATES LLC, 210 UNI- Price: $309300 CHRISTINE L OBRIEN, 12557 IRVING Buyer, Buyer’s Address: DEBORAH Address: 2626 FALCON DR, LONG- Price: $ VERSITY BLVD STE 700 Date Closed: 7/3/2013 ST A MESCHKE, 2855 ROCK CREEK MONT Date Closed: 7/3/2013 Address: 2930 PEARL ST, BOULDER Address: 12557 IRVING ST, BROOM- CIR UNIT 155 Seller: JAMES K & JENNIFER L Price: $405000 Price: $3200000 FIELD Address: 2855 ROCK CREEK CIR Seller: JOSEPH L & EILEEN COLE- MCVEY Date Closed: 7/2/2013 Date Closed: 7/3/2013 Price: $328000 UNIT 155, SUPERIOR MAN Buyer, Buyer’s Address: CYNTHIA A Date Closed: 5/21/2013 Seller: SIMON R FRYER Price: $267300 Buyer, Buyer’s Address: PATSY A Seller: KENNETH N & MARCIA LEE HEINER, 888 W MULBERRY ST Buyer, Buyer’s Address: ROBERT Date Closed: 7/3/2013 MCENTEE, 697 FIRESIDE ST JONES Address: 888 W MULBERRY ST, Seller: DEAN A JACK & KATHERINE COUGHLAN, 1156 Address: 697 FIRESIDE ST, LOU- Buyer, Buyer’s Address: LONG- LOUISVILLE Buyer, Buyer’s Address: G MAT- Seller: DONNA L PARRISH MONROE DR APT D ISVILLE MONT STORAGE LLC, 1800 DELA- Price: $530000 THEW & KELLY K GROVES, 12563 Buyer, Buyer’s Address: ADAM LEE Address: 1156 MONROE DR APT D, Price: $295000 WARE PL Date Closed: 7/3/2013 WHIPPOORWILL ST & TRACY LYNN SIMPSON, 1648 BOULDER Date Closed: 7/3/2013 Address: 440 MOUNTAIN VIEW AVE, Address: 12563 WHIPPOORWILL ST, CEDARWOOD DR Seller: LISA ANN BECHARD Price: $237000 LONGMONT BROOMFIELD Address: 1648 CEDARWOOD DR, Seller: RYLAND GROUP INC Buyer, Buyer’s Address: STEVEN C Date Closed: 7/2/2013 Price: $225000 Price: $269500 LONGMONT Buyer, Buyer’s Address: MEGAN E SCHROER, 1525 JUDSON DR Date Closed: 7/3/2013 Date Closed: 5/21/2013 Seller: THEODORA A WRIGHT FAM- Price: $255000 FREEMAN, 340 RIVERTON RD Address: 1525 JUDSON DR, BOUL- ILY TRUST Date Closed: 7/3/2013 Address: 340 RIVERTON RD, LAFAY- Seller: TARA LUCCHETTI DER Seller: TRUDY ANN MUES Buyer, Buyer’s Address: DANIEL ETTE Buyer, Buyer’s Address: MARK N & Price: $630000 Buyer, Buyer’s Address: DAVID DEN- Seller: PHH MTG CORP CHAIKIN, 1616 WHITEHALL DR Price: $311800 ANDREA J LINN, 1713 PRESTON DR Date Closed: 7/3/2013 NING, 13932 LEGEND WAY UNIT 102 Buyer, Buyer’s Address: HUD, 1216 Address: 1616 WHITEHALL DR, Date Closed: 7/3/2013 Address: 1713 PRESTON DR, LONG- Address: 13939 LEGEND TRL UNIT SNOWBANK CT Seller: CHRISTOPHER J BRENNAN LONGMONT MONT 103, BROOMFIELD Address: 1216 SNOWBANK CT, Seller: BARBARA H & H PETER Buyer, Buyer’s Address: JULIE Price: $309900 Price: $294900 Price: $ LONGMONT GOEHRIG GRAFF, 2740 14TH ST Date Closed: 7/2/2013 Date Closed: 7/3/2013 Date Closed: 5/21/2013 Price: $ Buyer, Buyer’s Address: KEITH & Address: 880 ALPINE AVE APT 4, Seller: KATHLEEN L GERMAIN Date Closed: 7/3/2013 MICHELLE CRESSLER, 2871 CAS- Seller: 16TH STREET OFFICES LLC BOULDER Seller: GORDON L & PAMELA Buyer, Buyer’s Address: CHRISTINE TLE PEAK AVE Buyer, Buyer’s Address: PEARL Price: $166000 GOODCHILD Seller: KATRINA SUMEY FAIRBANKS, 3835 NORTHBROOK Address: 2871 CASTLE PEAK AVE, PLACE ASSOCIATES LLC, 210 UNI- Date Closed: 7/3/2013 Buyer, Buyer’s Address: KISHORE Buyer, Buyer’s Address: TIMOTHY D DR APT A SUPERIOR VERSITY BLVD STE 700 R & TANJA NAYAK, 12702 VRAIN ST GORDON, 3869 PASEO DEL PRADO Seller: DW LLC Address: 3835 NORTHBROOK DR Price: $390000 Address: 2095 30TH ST, BOULDER Address: 12702 VRAIN ST, BROOM- ST Buyer, Buyer’s Address: CHERYL APT A, BOULDER Date Closed: 7/3/2013 Price: $6900000 FIELD Address: 3869 PASEO DEL PRADO FIRBY, 1465 ALPINE AVE Price: $300000 Date Closed: 7/3/2013 Price: $415000 ST, BOULDER Seller: KIM & CATHY STPETER Address: 1465 ALPINE AVE, BOUL- Date Closed: 7/2/2013 Date Closed: 5/21/2013 Price: $328000 Buyer, Buyer’s Address: 3262 NEBO Seller: VALUE PRESERVATION LLC DER Seller: MICHAEL J & TERESA N Date Closed: 7/3/2013 RD LLC, 3262 NEBO RD Buyer, Buyer’s Address: GLORIA Price: $560000 Seller: BRANDON G & ALLYSON K DOUGHERTY Address: 3262 NEBO RD, BOULDER VILLANUEVA, 772 S BERMONT AVE Date Closed: 7/3/2013 WITHAM Seller: KAREN LIBIN Buyer, Buyer’s Address: VIRGINIA W Price: $865000 Address: 772 S BERMONT AVE, Buyer, Buyer’s Address: BLUE Buyer, Buyer’s Address: PATRICK Seller: DUDLEY G & JANET A RIDER DARR, 1574 BRADLEY DR Date Closed: 7/3/2013 LAFAYETTE SPRUCE 2013 LLC, 12626 PO BOX LLOYD KELLYDECKER, 8242 OURAY Buyer, Buyer’s Address: OTIS C & Address: 1574 BRADLEY DR, BOUL- Price: $300000 113394 DR Seller: PATRICIA L PETERSEN LYNN E DILLOW, 3119 LAKE PARK DER Date Closed: 7/3/2013 Address: 12626 PATTON ST, Address: 8242 OURAY DR, LONG- Buyer, Buyer’s Address: DANIEL H & WAY Price: $342500 BROOMFIELD MONT INESE K SMITH, 213 HIGH VIEW DR Seller: RUSSELL B BRINKMANN Address: 3135 RIVERSIDE DR, Date Closed: 7/2/2013 Price: $206000 Price: $300000 Address: 213 HIGH VIEW DR, BOUL- Buyer, Buyer’s Address: FRAN- LYONS Date Closed: 5/21/2013 Seller: CHRISTINE & DEVAN BUM- Date Closed: 7/3/2013 DER CESCO SANGIORGI, 3405 SPRING Price: $225000 STEAD Price: $528500 CREEK PL Date Closed: 7/3/2013 Seller: WALDEMAR A & KATHY L Seller: JODI SHERMAN Buyer, Buyer’s Address: ALYSUN R Date Closed: 7/3/2013 Address: 3405 SPRING CREEK PL, BROWN CHWIEDOR Buyer, Buyer’s Address: JERRY E & Seller: AJAY CHANKRAMATH KOSSOW, 1380 MONARCH DR BOULDER Buyer, Buyer’s Address: CHRISTO- CINDY HAWKINS, 2707 VALMONT Seller: LINDA A & ILSA R HANCE Buyer, Buyer’s Address: KIRTI K Address: 1380 MONARCH DR, Price: $310000 PHER VELEZ, 1135 MAPLE CIR RD APT 214D Buyer, Buyer’s Address: DESNEY DUA, 1709 TUSCANY CT LONGMONT Date Closed: 7/3/2013 Address: 1135 MAPLE CIR, BROOM- Address: 2707 VALMONT RD APT CHERRY SPAIN, 1530 BRIMBLE DR Address: 1709 TUSCANY CT, LONG- Price: $230000 FIELD 214D, BOULDER Address: 1530 BRIMBLE DR, ERIE Seller: HUD MONT Date Closed: 7/2/2013 Price: $233000 Price: $140000 Price: $292000 Buyer, Buyer’s Address: LOUIS W JR Price: $462500 Date Closed: 5/21/2013 Seller: RAYMOND EDWARD III Date Closed: 7/3/2013 Date Closed: 7/3/2013 WELT, 2525 ARAPAHOE AVE Date Closed: 7/3/2013 GRUNZINGER Address: 536 ATWOOD ST, LONG- Seller: JOHNNIE L & NANCY J GON- Seller: LIBU JOSEPH Seller: ENRIQUE BIENKOWSKI Seller: STEPHEN J TITUS Buyer, Buyer’s Address: MICHELE MONT SALVES Buyer, Buyer’s Address: ADAN & Buyer, Buyer’s Address: ARIEL & Buyer, Buyer’s Address: MICHAEL CHRISTINE BATTISTE, 1060 DELTA Price: $ Buyer, Buyer’s Address: JEFF M & CORINA DELRIO, 1367 CEDAR- AARON PEELE, 4680 WHITE ROCK RYAN MCCARTY, 805 MORGAN DR DR APT A Date Closed: 7/3/2013 GLEE A REYNOLDS, 14010 SHAN- WOOD DR CIR APT 4 Address: 805 MORGAN DR, BOUL- Address: 1060 DELTA DR APT A, NON DR Address: 1367 CEDARWOOD DR, Address: 4680 WHITE ROCK CIR Seller: ELIZABETH HOPE DORMAN DER LAFAYETTE Address: 14010 SHANNON DR, LONGMONT APT 4, BOULDER Buyer, Buyer’s Address: BERNARD Price: $517000 Price: $192000 BROOMFIELD Price: $230000 Price: $164500 WADE & NANCY S COLEMAN, 1019 Date Closed: 7/3/2013 Date Closed: 7/2/2013 Price: $440500 Date Closed: 7/3/2013 Date Closed: 7/3/2013 ARAPAHOE CIR Seller: WEST SIDE INVESTMENTS Date Closed: 5/21/2013 Seller: NICHOLAS J CELICH FAM- Address: 1019 ARAPAHOE CIR, Seller: ELIZABETH ANN DONNELLY Seller: NORTH BOULDER RESIDEN- LLC ILY TRUST LOUISVILLE Seller: THOMAS E & DANA L LULICH Buyer, Buyer’s Address: ELIZA- TIAL DEVE Buyer, Buyer’s Address: MICHAEL Buyer, Buyer’s Address: BRADLEY Price: $539900 Buyer, Buyer’s Address: VISWANA- BETH ANN DONNELLY LIVING, 3712 Buyer, Buyer’s Address: COAST GAMBLE, 917 2ND AVE P & AMINTA J WRIGHT, 9268 BASE- Date Closed: 7/3/2013 THAN LAKSHMANAN, 14165 WHIT- COLUMBIA DR TO COAST RESIDENTIAL DEV, 5377 Address: 917 2ND AVE, LONGMONT LINE RD NEY CIR Address: 2707 VALMONT RD APT MANHATTAN CIR STE 103 Seller: MAUREEN P & MICHAEL D Price: $155000 Address: 9268 BASELINE RD, Address: 14165 WHITNEY CIR, 107D, BOULDER Address: 4162 WESTCLIFFE CT, JOHNSON Date Closed: 7/3/2013 LAFAYETTE BROOMFIELD Price: $ BOULDER Buyer, Buyer’s Address: JEFFREY Price: $435000 Seller: JDH LLC Price: $660000 Date Closed: 7/3/2013 Price: $205000 S & SUZANNE P HOLMES, 2527 Date Closed: 7/2/2013 Buyer, Buyer’s Address: PEARL Date Closed: 5/21/2013 Date Closed: 7/3/2013 EAGLEVIEW CIR Seller: CHARLES H & JUDITH R PLACE ASSOCIATES LLC, 210 UNI- Seller: BARBARA L & DONALD R Address: 2527 EAGLEVIEW CIR, Seller: SHIRLEY M OKITA WHITAKER Seller: JOHN F GLAEFKE VERSITY BLVD STE 700 MCGREGOR LONGMONT Buyer, Buyer’s Address: JULIETTE & Buyer, Buyer’s Address: CJW PROP- Buyer, Buyer’s Address: ROBERT Address: MULT PROP, Buyer, Buyer’s Address: PATRICK Price: $479000 DAVID BRITTON, 12660 WOLFF ST ERTIES LLC, 9625 PHILLIPS RD II TRUSTEE WIEGAND, 280 E 20TH Price: $1050000 STEWART, 3212 FOX RIDGE CT Date Closed: 7/3/2013 Address: 12660 WOLFF ST, BROOM- Address: 1438 TERRY ST, LONG- AVE Date Closed: 7/3/2013 Address: 1850 FOLSOM ST APT FIELD MONT Address: 4415 47TH ST, BOULDER Seller: SHELLY D ANDERSON 1011, BOULDER Seller: LORI A LOSCHIAVO Price: $330000 Price: $ Price: $ Buyer, Buyer’s Address: DOLCE Price: $315000 Buyer, Buyer’s Address: ALEXIS Date Closed: 5/21/2013 Date Closed: 7/3/2013 Date Closed: 7/3/2013 MAGIC LLC, 400 EMERY ST APT 208 Date Closed: 7/2/2013 RODRIGUEZCARLSON, 1390 10TH Address: 400 EMERY ST APT 208, Seller: BANK AMERICA Seller: CHARLES H & JUDITH R Seller: MARGARET GLAEFKE IRRE- AVE Seller: KATHLEEN E ALBERS LONGMONT Buyer, Buyer’s Address: KENNETH WHITAKER VOCABLE P Address: 1390 10TH AVE, LONG- Buyer, Buyer’s Address: ANNE Price: $97000 CHRISTMAN, 873 DEXTER DR Buyer, Buyer’s Address: CJW PROP- Buyer, Buyer’s Address: AMARA MONT STEWART & DANIEL H AXELROD, Date Closed: 7/3/2013 Address: 873 DEXTER DR, BROOM- ERTIES LLC, 9625 PHILLIPS RD ROSE HECHT REVOCABLE TRU, Price: $220000 2202 JUNIPER CT FIELD Address: 905 37TH ST, BOULDER 4415 47TH ST Seller: KILEIGH E WELSH Date Closed: 7/3/2013 Address: 2202 JUNIPER CT, BOUL- Price: $305000 Price: $ Address: 4415 47TH ST, BOULDER Buyer, Buyer’s Address: ROBERT V DER Seller: CANDICE NEWELL Date Closed: 5/21/2013 Date Closed: 7/3/2013 Price: $1695000 MICHON, 2101 BOISE CT Price: $640000 Buyer, Buyer’s Address: GABRIEL Date Closed: 7/3/2013 Address: 2101 BOISE CT, LONG- Seller: ZUNI WEST LLC Date Closed: 7/2/2013 Seller: SOPHIE SZOLLOSI R DAYLEY, 5910 GUNBARREL AVE MONT Buyer, Buyer’s Address: STONE- Buyer, Buyer’s Address: SOPHIE Seller: DONALD L HOAG APT C Seller: VIRGINIA Z POSTLE Price: $270000 BROOK CUSTOM HOMES LLC, 2690 SZOLLOSI TRUST, 754 CLUB CIR Buyer, Buyer’s Address: RUSSELL Address: 5910 GUNBARREL AVE Buyer, Buyer’s Address: CLIFTON S Date Closed: 7/3/2013 PO BOX 16515 Address: 754 CLUB CIR, LOUISVILLE R & JOANN LARSEN, 2437 SANTA APT C, BOULDER LINES, 817 WINDFLOWER DR Address: 2690 MARION WAY, WEST- Price: $ FE DR UNIT C Seller: WELLS FARGO BANK Price: $190000 Address: 817 WINDFLOWER DR, MINSTER Date Closed: 7/3/2013 Address: 2437 SANTA FE DR UNIT C, Buyer, Buyer’s Address: FEDER- Date Closed: 7/3/2013 LONGMONT Price: $175000 LONGMONT AL NATIONAL MORTGAGE ASSO, Price: $447500 Seller: JENNIFER L HALCOME Seller: ROBERT J & CAROLYN K Date Closed: 5/22/2013 Price: $276000 14221 DALLAS PKWY STE 1000 Date Closed: 7/2/2013 Buyer, Buyer’s Address: GERALD DOUGHERTY Date Closed: 7/3/2013 Address: 500 MOHAWK DR APT 509, Seller: LINDA J HELMAN MINARDI, 1703 WHITEHALL DR Buyer, Buyer’s Address: RICHARD W Seller: RYAN C & MELISSA L LEE BOULDER Buyer, Buyer’s Address: KALVIN L & UNIT 7I Seller: CYNTHIA J & MARK S GIBBS DEEMING, 206 HOPKINS ST Buyer, Buyer’s Address: REBECCA Price: $ REBECCA S JONES, 2705 W 12TH Address: 1703 WHITEHALL DR UNIT Buyer, Buyer’s Address: SARAH L Address: 206 HOPKINS ST, LAFAY- WALTER, 4755 SHOUP PL Date Closed: 7/3/2013 AVENUE PL 7I, LONGMONT ACKER, 1894 WILSON CIR ETTE Address: 4755 SHOUP PL, BOUL- Address: 2705 W 12TH AVENUE PL, Price: $127000 Address: 1894 WILSON CIR, ERIE Seller: RANDALL J TRUSTEE & Price: $192000 DER BROOMFIELD Date Closed: 7/3/2013 Price: $283000 KELLY A TRUSTEE COLEMAN Date Closed: 7/3/2013 Price: $485000 Price: $208000 Date Closed: 7/3/2013 Buyer, Buyer’s Address: XIAOBIN LI, Date Closed: 7/2/2013 Seller: MARY AXE Seller: RHONDA MARIE BELLAVIA Date Closed: 5/22/2013 3009 MADISON AVE APT J427 Buyer, Buyer’s Address: DANIEL S Seller: TERRY E DELLACA Buyer, Buyer’s Address: DING DING, Seller: PHILLIP R & CHERYL K TRA- Address: 3009 MADISON AVE APT Seller: JUSTIN & NANETTE & NAN- & KORI A BOWERS, 2105 KING AVE Buyer, Buyer’s Address: MARETTA 477 PHEASANT RUN VIS J427, BOULDER NETTE MCCARTER Address: 2135 KING AVE, BOULDER SULAIMAN, 2313 TUCSON CT Address: 477 PHEASANT RUN, LOU- Buyer, Buyer’s Address: BRET FUL- Price: $113500 Buyer, Buyer’s Address: CRYSTAL M Price: $675000 Address: 2313 TUCSON CT, LONG- ISVILLE TON, 507 FRONT ST Date Closed: 7/3/2013 MITCHELL, 13332 MEADOW PARK Date Closed: 7/3/2013 MONT Price: $203000 Address: 1223 RED ASH LN, BOUL- LN Price: $250000 Seller: JARED M & AMY L RAINS Date Closed: 7/3/2013 DER Seller: WILLIAM K & GAIL E D Address: 13332 MEADOW PARK LN, Date Closed: 7/3/2013 Buyer, Buyer’s Address: FRED Price: $330000 HEINZMAN Seller: ELLIE LAKE BROOMFIELD OELKE, 2324 SMITH CT Date Closed: 7/2/2013 Buyer, Buyer’s Address: WILLIAM K Seller: DARRELL B EWING Buyer, Buyer’s Address: DOUGLAS L Price: $368900 Address: 1850 COREY ST, LONG- & GAIL E D HEINZMAN, 4605 FIELD Buyer, Buyer’s Address: STANLEY & ROSLYN R MERRILL, 4800 OSAGE Date Closed: 5/22/2013 Seller: RYLAND GROUP INC MONT CT LOREN JR & HOLLY HENDERSON DR APT 10A Buyer, Buyer’s Address: BRENDA Price: $173000 Seller: FEDERAL HOME LOAN Address: 4605 FIELD CT, BOULDER BONNES, 1777 N 95TH ST Address: 4800 OSAGE DR APT 10A, ANN MORFORD, 1340 ARMSTRONG Date Closed: 7/3/2013 MORTGAGE COR Price: $ Address: 1777 N 95TH ST, LAFAY- BOULDER DR Buyer, Buyer’s Address: PAMELA J Date Closed: 7/3/2013 ETTE Seller: MARIANNE MOULTON & WIL- Price: $275000 Address: 1340 ARMSTRONG DR, CARRILLO, 3211 W 133RD CIR Price: $380000 LIAM MARTIN Date Closed: 7/3/2013 LONGMONT Seller: DAVID MANGHAM Address: 3211 W 133RD CIR, Date Closed: 7/3/2013 Buyer, Buyer’s Address: PAULO Price: $354700 Buyer, Buyer’s Address: KRYSIA M BROOMFIELD CESAR ROMERO, 850 W 5TH ST Broomfield County Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 25A FOR THE RECORD Price: $175000 BROOMFIELD Buyer, Buyer’s Address: TAMMY BROOMFIELD WOOD Seller: HUD Date Closed: 5/22/2013 Price: $455000 GUENTHER, 14300 WATERSIDE LN Price: $450500 Buyer, Buyer’s Address: DAVID N & Buyer, Buyer’s Address: ALLEN Date Closed: 5/27/2013 UNIT T1 Date Closed: 5/30/2013 SHANNON L BAXTER, 4456 EAGLE SOLIMAN, 17370 E DORADO DR Seller: LANCE & CONSTANCE Address: 14300 WATERSIDE LN RIVER RUN Address: 940 MARBLE ST, BROOM- CAYNE Seller: RICHMOND AMERICAN Seller: EDDIE RODRIGUEZ UNIT T1, BROOMFIELD Address: 4456 EAGLE RIVER RUN, FIELD Buyer, Buyer’s Address: OLEN & HOMES COLORA Buyer, Buyer’s Address: MATHEW & Price: $210400 BROOMFIELD Price: $ JANNETTE KLINE, 145 W MIDWAY Buyer, Buyer’s Address: LUTHER K TRACEY PERRY, 2803 DHARMA AVE Date Closed: 5/30/2013 Price: $534900 Date Closed: 6/3/2013 BLVD SMITH, 3406 HARVARD PL Address: 2803 DHARMA AVE, Date Closed: 6/3/2013 Address: 145 W MIDWAY BLVD, Address: 3406 HARVARD PL, Seller: ERIK J & SARA E ESTRADA BROOMFIELD Seller: ZUNI WEST LLC BROOMFIELD BROOMFIELD Buyer, Buyer’s Address: JUSTIN Price: $262500 Seller: COLIN L PIXLEY Buyer, Buyer’s Address: ERIC & Price: $285000 Price: $506100 DAVID KEVER, 13468 VIA VARRA Date Closed: 5/30/2013 Buyer, Buyer’s Address: ANDREA & MICHELLE SCHAUBLE, 4635 RED Date Closed: 5/22/2013 Date Closed: 5/27/2013 Address: 13468 VIA VARRA, CAMERON BINION, 2822 W 126TH DEER TRL Seller: FAIRWINDS I LLC BROOMFIELD AVE Address: 14562 STELLAS MEADOW Seller: JOHN C STOLTZ Seller: BK AM Buyer, Buyer’s Address: DAN S Price: $271000 Address: 2822 W 126TH AVE, DR, BROOMFIELD Buyer, Buyer’s Address: TRACY Buyer, Buyer’s Address: HUD, 1278 HALL, 14300 WATERSIDE LN UNIT T4 Date Closed: 5/30/2013 BROOMFIELD Price: $150000 ARTHUR, 12525 ELIOT ST FERN CIR Address: 14300 WATERSIDE LN Price: $289000 Date Closed: 6/4/2013 Address: 12525 ELIOT ST, BROOM- Address: 1278 FERN CIR, BROOM- Seller: MARK H & DEBRA R WIL- UNIT T4, BROOMFIELD Date Closed: 6/3/2013 FIELD FIELD LIAMS Price: $228500 Seller: WELLS FARGO BK Price: $262000 Price: $ Buyer, Buyer’s Address: JENNIFER & Date Closed: 6/2/2013 Seller: DWIGHT A & JOANNE Buyer, Buyer’s Address: HUD, 365 Date Closed: 5/22/2013 Date Closed: 5/27/2013 DONALD A SKINNER, 4062 BROAD- DEPEAU MULBERRY CIR Seller: BRUCE GORDON & SUSAN MOOR LOOP Buyer, Buyer’s Address: MICHAEL J Address: 365 MULBERRY CIR, Seller: MICHAEL J & LINDA A HART- Seller: TCF ENTERPRISES LLC GAIL LINSCHEID Address: 4062 BROADMOOR LOOP, OAKES, 3974 CAMBRIDGE AVE BROOMFIELD MAN Buyer, Buyer’s Address: PATRICK Buyer, Buyer’s Address: RONALD V BROOMFIELD Address: 3974 CAMBRIDGE AVE, Price: $ Buyer, Buyer’s Address: JAMES & & MICHELLE MOORE, 2520 OUT- & HOLLY R KING, 13444 ANTLERS ST Price: $535000 BROOMFIELD Date Closed: 6/4/2013 LESLEY BELGUM, 14197 AUSTIN CT LOOK TRL Address: 13444 ANTLERS ST, Date Closed: 5/30/2013 Price: $264900 Address: 14197 AUSTIN CT, Address: 2520 OUTLOOK TRL, BROOMFIELD Seller: FAIRWINDS I LLC Date Closed: 6/3/2013 BROOMFIELD BROOMFIELD Seller: DONNA J REDMOND Price: $324900 Buyer, Buyer’s Address: LAURA A Price: $372000 Price: $720000 Buyer, Buyer’s Address: TIMOTHY Date Closed: 6/2/2013 Seller: BYRON & MEGAN PLETCHER SLACUM, 14300 WATERSIDE LN Date Closed: 5/22/2013 Date Closed: 5/27/2013 N & REBEKAH L TWINEM, 825 OPAL Buyer, Buyer’s Address: BYRON UNIT T5 Seller: MARK PELLETIER WAY M & MEGAN F PLETCHER, 13335 Address: 14300 WATERSIDE LN Seller: PULTE HOME CORP Seller: TIMOTHY J GENTRY Buyer, Buyer’s Address: RANSOM Address: 825 OPAL WAY, BROOM- STUART CT UNIT T5, BROOMFIELD Buyer, Buyer’s Address: DAVID W Buyer, Buyer’s Address: LINDA M & JESSICA E CHRISTOFFERSON, FIELD Address: 13335 STUART CT, Price: $183900 GUILD FAMILY TRUST, 16487 LAS CHANG, 500 LONDON AVE 112 PINE ST Price: $205000 BROOMFIELD Date Closed: 6/4/2013 BRISAS DR Address: 1020 OPAL ST UNIT 202, Address: 112 PINE ST, BROOMFIELD Date Closed: 5/30/2013 Price: $ Address: 16487 LAS BRISAS DR, BROOMFIELD Price: $182500 Seller: ROBERT J & MICHELLE A Date Closed: 6/3/2013 BROOMFIELD Price: $162500 Seller: PULTE HOME CORP Date Closed: 6/2/2013 KAISER Price: $875000 Date Closed: 5/28/2013 Buyer, Buyer’s Address: KAREN J Seller: TIM E & JILL TAYLOR Buyer, Buyer’s Address: ERIK J Seller: CHRISTINA ELZEY Date Closed: 5/22/2013 LEW & ANDREW J BLACK, 16516 Buyer, Buyer’s Address: SAMUEL ESTRADA, 13895 TEAL CREEK DR Seller: HITESH & SIMRAN K BHINDI Buyer, Buyer’s Address: RYAN HAL LAS BRISAS DR LEE JOHNSON, 1660 SNOWY OWL Address: 13895 TEAL CREEK DR, Seller: 15549 ZUNI STREET LLC Buyer, Buyer’s Address: JACE R W & & TUYEN KIM NGUYEN, 1960 ELM- Address: 16516 LAS BRISAS DR, DR BROOMFIELD Buyer, Buyer’s Address: 2470 RED KRISZTINA JOHNSON, 14040 PARK WOOD ST BROOMFIELD Address: 1660 SNOWY OWL DR, Price: $449000 HAWK PLACE LLC, 1209 N ORANGE COVE DR Address: 1960 ELMWOOD ST, Price: $370000 BROOMFIELD Date Closed: 6/4/2013 ST Address: 14315 MISSION WAY, BROOMFIELD Date Closed: 5/30/2013 Price: $550000 Address: 2470 RED HAWK PL, BROOMFIELD Price: $162800 Seller: JEAN N KONRAD Date Closed: 6/3/2013 BROOMFIELD Price: $282700 Seller: PULTE HOME CORP Date Closed: 6/2/2013 Buyer, Buyer’s Address: ERIC & Price: $120000 Date Closed: 5/28/2013 Buyer, Buyer’s Address: LAUREN M Seller: KRIS D & KARA MANN COSETTE LYNN BOON, 3751 W Seller: PULTE HOME CORP Date Closed: 5/22/2013 CASHATT, 4564 HOPE CIR Buyer, Buyer’s Address: FELICIANO 136TH AVE UNIT A3 Seller: CHRISTIAN F VELASQUEZ Buyer, Buyer’s Address: JAMES R & Address: 4564 HOPE CIR, BROOM- & KATHY CONDE, 1421 VINCA PL Address: 3751 W 136TH AVE UNIT Seller: DF HOLDINGS LLC Buyer, Buyer’s Address: SCOTT E & JANE CELIA BENSMAN, 16465 LAS FIELD Address: 14331 CRAFTSMAN WAY, A3, BROOMFIELD Buyer, Buyer’s Address: MARK & THERESA WRANGHAM, 1120 OPAL BRISAS DR Price: $397800 BROOMFIELD Price: $265000 JULIA ROBERTS, 140 DAPHNE WAY ST UNIT 103 Address: 16465 LAS BRISAS DR, Date Closed: 5/30/2013 Price: $250000 Date Closed: 6/4/2013 Address: 140 DAPHNE WAY, Address: 1120 OPAL ST UNIT 103, BROOMFIELD Date Closed: 6/3/2013 BROOMFIELD BROOMFIELD Seller: J ANDREW & TERESE L ROOB Price: $746000 Seller: LISA A & MATTHEW PRINDI- Price: $235000 Price: $153000 Buyer, Buyer’s Address: BRYCE & Date Closed: 6/2/2013 Seller: NICHOLAS & MARY E VILLE Date Closed: 5/22/2013 Date Closed: 5/28/2013 HEATHER PERKINS, 3435 PARKSIDE GORALSKY Buyer, Buyer’s Address: THOMAS Seller: RONALD J & APRIL E BON- CENTER DR Buyer, Buyer’s Address: RALPH B & E HUTCHINSON, 1386 DEXTER ST Seller: 320 INTERLOCKEN PARK- Seller: ANDREA NICOLE BINION NET Address: 3435 PARKSIDE CENTER KATHY E HAYNES, 4594 HOPE CIR Address: 1386 DEXTER ST, BROOM- WAY LLC Buyer, Buyer’s Address: STEPHANIE Buyer, Buyer’s Address: BONNET DR, BROOMFIELD Address: 4594 HOPE CIR, BROOM- FIELD Buyer, Buyer’s Address: WAITT BALL, 5 PINON PL FAMILY TRUST, 1370 E 3RD AVE Price: $450000 FIELD Price: $222500 INTERLOCKEN 320 LLC, 320 INTER- Address: 5 PINON PL, BROOMFIELD Address: 1370 E 3RD AVE, BROOM- Date Closed: 5/30/2013 Price: $335000 Date Closed: 6/4/2013 LOCKEN PKWY Price: $199900 FIELD Date Closed: 6/3/2013 Address: 320 INTERLOCKEN PKWY, Date Closed: 5/28/2013 Seller: PHILLIP J & SHARI S WIN- Price: $ Seller: KURT J & SHARON R ULRICH BROOMFIELD TERFELD Date Closed: 6/2/2013 Seller: AARON KIRSCH Buyer, Buyer’s Address: KENNETH Seller: TIMOTHY G & KAREN WHALEN Price: $5100000 Buyer, Buyer’s Address: MARC Buyer, Buyer’s Address: GREGO- & JOANNE LYMAN, 3375 BOULDER Buyer, Buyer’s Address: CRAIG Seller: ETIENNE M STAMPADOS Date Closed: 5/22/2013 & STACEY MONTPLAISIR, 13298 RY D & CRISTINA M JONES, 1556 CIR UNIT 201 O & AMY K FEWOX, 1462 LOCH Buyer, Buyer’s Address: MIRSAD ALCOTT CIR DAPHNE ST Address: 3375 BOULDER CIR UNIT Seller: ROBERT & NANCY PEREZ LOMOND AVE TELALBASIC, 1128 OPAL ST UNIT Address: 13298 ALCOTT CIR, Address: 1312 DEXTER ST, BROOM- 201, BROOMFIELD Buyer, Buyer’s Address: PEREZ Address: 1462 LOCH LOMOND AVE, 202 BROOMFIELD FIELD Price: $157500 FAMILY JOINT REVOCABLE T, 335 BROOMFIELD Address: 1128 OPAL ST UNIT 202, Price: $224900 Price: $ Date Closed: 6/5/2013 COTTONWOOD CT Price: $295000 BROOMFIELD Date Closed: 5/30/2013 Date Closed: 6/3/2013 Address: 335 COTTONWOOD CT, Date Closed: 5/29/2013 Price: $159300 Seller: KEITH AND MARY LOU HES- BROOMFIELD Seller: SOUDABEH H & MITCHELL Date Closed: 6/2/2013 Seller: KAREN S B BURKE LIP LIVI Seller: DAVID L & SONDRA W MER- Price: $ G FOWLER Buyer, Buyer’s Address: MITCH- Buyer, Buyer’s Address: KEITH C CIER Seller: DONALD K HOLM Date Closed: 5/23/2013 Buyer, Buyer’s Address: WILLIAM & ELL G & ANGELA L CHVATAL, 15247 & MARY LOU HESLIP, 4119 CORTE Buyer, Buyer’s Address: MELISSA Buyer, Buyer’s Address: MITCH- WENDY DOLAN, 14663 SORREL DR SPRUCE ST BELLA DR Seller: SHERIDAN AND MIDWAY LLC WHITMER, 1700 SNOWY OWL DR ELL & SOUDABEH FOWLER, 14713 Address: 14663 SORREL DR, Address: 15247 SPRUCE ST, Address: 4119 CORTE BELLA DR, Buyer, Buyer’s Address: COTTAG- Address: 1700 SNOWY OWL DR, SORREL DR BROOMFIELD BROOMFIELD BROOMFIELD ES AT WILLOW PARK LLC, 8390 E BROOMFIELD Address: 14713 SORREL DR, Price: $775000 Price: $ Price: $ CRESCENT PKWY STE 650 Price: $565000 BROOMFIELD Date Closed: 5/30/2013 Date Closed: 6/3/2013 Date Closed: 6/5/2013 Address: MULT PROP, Date Closed: 5/29/2013 Price: $563500 Price: $1600000 Seller: ROBERT H STANGE Date Closed: 6/2/2013 Seller: BENJAMIN A JR & BARBARA Seller: DONALD G PREISSER Seller: MATTHEW & ESTER M MAIL- Date Closed: 5/23/2013 Buyer, Buyer’s Address: WEI SHI, A GINTHER Buyer, Buyer’s Address: ALLEN L LARO Seller: FAIRWINDS I LLC 3561 CASCADE CT Buyer, Buyer’s Address: CHERYLN & LYNN M BERGE, 14115 SHAN- Seller: JASON T & JESSICA R JEN- Buyer, Buyer’s Address: GLENN J & Buyer, Buyer’s Address: WEI LI, Address: 1055 E 19TH AVE, BROOM- RENAE MORIN, 3585 W 147TH CT NON DR KINS SHANNON P EASTMAN, 265 PER- 14300 WATERSIDE LN UNIT T2 FIELD Address: 3585 W 147TH CT, Address: 14115 SHANNON DR, Buyer, Buyer’s Address: ROBERT N EGRINE CIR Address: 14300 WATERSIDE LN Price: $270000 BROOMFIELD BROOMFIELD VICKNAIR, 12853 KING ST Address: 265 PEREGRINE CIR, UNIT T2, BROOMFIELD Date Closed: 5/30/2013 Price: $535000 Price: $520000 Address: 12853 KING ST, BROOM- BROOMFIELD Price: $204200 Date Closed: 6/3/2013 Date Closed: 6/5/2013 FIELD Price: $385500 Seller: DAVID P CORELL Date Closed: 6/2/2013 Price: $215000 Date Closed: 5/29/2013 Buyer, Buyer’s Address: RYAN PAT- Seller: CHERYLN MORIN Seller: CHOICE REALTY INVEST- Seller: ALLEN L & LYNN M BERGE Date Closed: 5/23/2013 RICK, 950 LAUREL ST Buyer, Buyer’s Address: SHANNON M MENTS LLC Seller: JEFFREY A BOESE Buyer, Buyer’s Address: JENNIFER Address: 950 LAUREL ST, BROOM- & ROSS D KLEVEN, 12490 VRAIN CIR Buyer, Buyer’s Address: ROGER M & Seller: LINDA PERRY Buyer, Buyer’s Address: HUIJI M PEARSON, 14065 DOGLEG LN FIELD Address: 12490 VRAIN CIR, BROOM- KERI E ANDERSON, 3460 BOULDER Buyer, Buyer’s Address: BYPASS WANG, 2872 SPRING HARBOR LN Address: 14065 DOGLEG LN, Price: $218000 FIELD CIR UNIT 102 TR WILLIAM T PRINCE TR, 4917 Address: 2872 SPRING HARBOR LN, BROOMFIELD Date Closed: 5/30/2013 Price: $324000 Address: 3460 BOULDER CIR UNIT EOLUS PL BROOMFIELD Price: $413500 Date Closed: 6/3/2013 102, BROOMFIELD Address: 4917 EOLUS PL, BROOM- Price: $470000 Seller: PULTE HOME CORP Date Closed: 6/2/2013 Price: $153500 FIELD Date Closed: 5/29/2013 Buyer, Buyer’s Address: GARY J & Seller: BENJAMIN P & BRIDGET M Seller: WIRT 200 REVOCABLE Date Closed: 6/5/2013 Price: $424000 PAMELA BREIG, 4365 CRYSTAL DR HAMILTON Seller: CAROL P GIOIA TRUST Date Closed: 5/23/2013 Address: 4365 CRYSTAL DR, Buyer, Buyer’s Address: REANNA Seller: MICHAEL SHANE & OLIVIA Buyer, Buyer’s Address: JEREMY D Buyer, Buyer’s Address: RICKY J BROOMFIELD ANDERS, 14367 AUSTIN CT JO ALLMAN Seller: ERIK & MEGAN JORGENSEN PORTER, 3768 W 126TH AVE LINDAL, 2524 LAKE VISTA DR Price: $640700 Address: 14367 AUSTIN CT, Buyer, Buyer’s Address: LUKE W Buyer, Buyer’s Address: WILLIE LA, Address: 3768 W 126TH AVE, Address: 2524 LAKE VISTA DR, Date Closed: 5/30/2013 BROOMFIELD PAJAK, 419 GREENWAY LN 13422 ECHO DR BROOMFIELD BROOMFIELD Price: $370000 Address: 419 GREENWAY LN, Address: 13422 ECHO DR, BROOM- Price: $250000 Seller: KB HOME COLORADO INC Price: $330000 Date Closed: 6/3/2013 BROOMFIELD FIELD Date Closed: 5/29/2013 Buyer, Buyer’s Address: BERENICE Date Closed: 6/2/2013 Price: $205000 Price: $290000 JUAREZ, 11314 SHEPS WAY Seller: HSBC BANK USA Seller: BAHRAMZADEH TRUST Seller: LUIS & ELIZABETH MENEZES Date Closed: 6/6/2013 Date Closed: 5/23/2013 Address: 11314 SHEPS WAY, Buyer, Buyer’s Address: COLFAX Buyer, Buyer’s Address: PRAVIJA Buyer, Buyer’s Address: BAIRD & BROOMFIELD HOUSING INVESTMENT LLC, 3110 S Seller: PATRICK WENINO Seller: DANIELLE M MCCLURE PRABHAKARAN, 13470 VIA VARRA EMILY MCKEVITT, 14201 ADAM CT Price: $289000 WADSWORTH BLVD STE 106 Buyer, Buyer’s Address: NINA M Buyer, Buyer’s Address: JOSHUA Address: 13470 VIA VARRA, Address: 14201 ADAM CT, BROOM- Date Closed: 5/30/2013 Address: 200 W MIDWAY BLVD, CHARNOTSKAIA, 13879 LEGEND & ANGELA FRENCH, 3090 S PRIN- BROOMFIELD FIELD BROOMFIELD TRL UNIT 101 CESS CIR Price: $270000 Seller: ANN HOPKINS Price: $455000 Price: $150400 Address: 13879 LEGEND TRL UNIT Address: 3090 S PRINCESS CIR, Date Closed: 5/29/2013 Buyer, Buyer’s Address: STEPHEN Date Closed: 6/2/2013 Date Closed: 6/3/2013 101, BROOMFIELD BROOMFIELD MOLLMAN, 4540 W 124TH AVE Seller: KB HOME COLORADO INC Seller: KENNETH & LORI CLAUSSEN Price: $202000 Price: $280000 Address: 4540 W 124TH AVE, Seller: JOHN K & SARAH M WIL- Buyer, Buyer’s Address: KIMETHA S Buyer, Buyer’s Address: MITSUHARU Date Closed: 6/6/2013 Date Closed: 5/27/2013 BROOMFIELD LIAMS SHRIVER, 11320 SHEPS WAY OSHIMA, 435 GOLDEN EAGLE DR Price: $268000 Buyer, Buyer’s Address: HOANG Seller: KARMA TSERING Seller: ROBERT L & DEBRA A Address: 11320 SHEPS WAY, Address: 435 GOLDEN EAGLE DR, Date Closed: 5/30/2013 DINH, 13282 NIWOT TRL Buyer, Buyer’s Address: KENNETH VESCIO BROOMFIELD BROOMFIELD Address: 13282 NIWOT TRL, F GLOVER, 1150 OPAL ST UNIT 203 Buyer, Buyer’s Address: WILLIAM Price: $281700 Seller: FRANCIS DAVID RAEL Price: $441000 BROOMFIELD Address: 1150 OPAL ST UNIT 203, & LAURA ROWLAND, 13728 TEAL Date Closed: 5/29/2013 Buyer, Buyer’s Address: CHAD E Date Closed: 6/2/2013 Price: $290000 BROOMFIELD CREEK CT COWN, 2674 GRAY WOLF LOOP Seller: FAIRWINDS I LLC Seller: DIRK RYAN & TENNILLE LYNN Date Closed: 6/3/2013 Address: 13728 TEAL CREEK CT, Address: 2674 GRAY WOLF LOOP, ➤ See Record, 27A 26A | Aug. 2-15, 2013 Boulder County Business Report | www.bcbr.com BUSINESS DIGEST NONPROFIT MOVES 2018, according to news reports. The wind power will be sourced from the NETWORK Fabric company Outlast Technologies Origin Wind Energy project, which is located LLC moved its operations from Boulder to a Boulder-based MBio Diagnostics Inc. re- in Murray and Carter counties in southeast FUNDRAISERS 10,000-square-foot building in Golden. Out- ceived $1.4 million to develop a device that Oklahoma. RES Americas developed and The 2013 Nite Ize Boulder Nites Classic last will have 14 employees working at its new would quickly diagnose HIV antigen and an- will construct the 75-turbine project, which is bike ride will be held at 7:30 p.m., Satur- headquarters at 831 Pine Ridge Road on the tibodies. The award from the Small Business scheduled to begin commercial operation by day, Aug. 3, at North Boulder Park at 9th north side of Golden. Outlast moved because Innovative Research program will continue Dec. 31, 2014. AECC will be the sole recipient and Dellwood streets in Boulder. Expo be- its owner — private equity firm Golden Equity work for two years the results of a Phase I of the electricity generated. gins at 5:30 p.m. at North Boulder Park. Investments — is in Golden. Golden Equity In- project in which research and development of Proceeds benefit the city of Boulder Parks vestments bought Outlast for an undisclosed a point-of-care antigen/antibody combination Longmont-based electric-motor maker UQM and Recreation Department’s EXPAND sum in April 2012. Outlast Technologies will diagnostic device met or exceeded technical Technologies Inc. signed a three-year agree- program, which provides recreational op- continue to operate under the Outlast name. milestones. MBio has had a longstanding col- ment to supply drive-train systems for Boul- portunities for people with disabilities; the laboration with a team of infectious-disease der Electric Vehicle LLC’s electric vans and YSI program, which serves youth living BRIEFS experts at the University of California, San Di- trucks. Financial terms of the deal were not in public housing managed by Boulder Boulder-based Campus Publishers added ego and will be building on the UCSD group’s disclosed. The agreement is expected to Housing Partners; and the PLAY Boulder the University of Central Arkansas to its fam- clinical expertise in acute HIV-infection diag- cover between 150 and 1,000 all-electric, Foundation. Register online at www.Boul- ily of 40-plus Official University Visitor Guides. nosis as part of this development program. drive-train systems in delivery vans, flatbed derNitesClassic.com. The Guide will reach 32,000 members of the trucks and service body trucks over the three- UCA community. Campus Publishers publish- Boulder County’s unemployment rate was year period, said Carter Brown, chief execu- The third annual Celestial Seasonings es the University of Colorado and University 6.1 percent in June, with 171,730 people em- tive officer of Boulder Electric Vehicle, based B Strong Ride cycling event will be Sat- of Northern Colorado guides. ployed and 11,111 looking for work. That’s in Lafayette. urday, Aug. 10, at Celestial Seasonings, up from 5.1 percent in May but down from 6.6 4600 Sleepytime Drive, Boulder. Event is Brewing Market Coffee at 2770 Dagny Way percent in June 2012, according to a report Broomfield-based Webroot Inc. is partnering fundraiser for Boulder and Denver area in Lafayette added Espresso Vino, a beer and released July 19 by the Colorado Depart- with RSA, the security division of EMC (NYSE: cancer causes, including Boulder Com- wine bar. Owner Artine Yapoujian and his wife, ment of Labor and Employment. Broomfield EMC), to provide additional real-time phishing munity Hospital Center for Integrative Sydney, upgraded the decor adding warm County’s unemployment rate increased from detection to RSA’s anti-phishing service. Care and the George Karl Foundation. The lighting, a granite bar and a patio. It offers 27 6.4 percent in May to 7.0 percent in June. event features three ride options start- wines by the glass and 10 bottle selections. Broomfield’s rate in June 2012 was 7.7 per- MERGERS & ACQUISITIONS ing and finishing at Celestial Seasonings All beers are local, including four on tap, from cent. Colorado’s unemployment rate ticked TrueNorth Insurance and Financial Strat- headquarters in Boulder: Mountain Loop breweries like Asher, Avery and Upslope, in- up from 6.9 to 7 percent from May to June. egies in Cedar Rapids, Iowa, bought the – 69 miles through the mountains north cluding their joint creation - Brewing Market The national unemployment rate remained controlling interest in Longmont-based First and west of Boulder; Countryside Loop Coffee Stout brewed by Oskar Blues. unchanged at 7.6 percent. MainStreet on Dec. 1. The transaction was – 24 miles through rolling terrain north of not immediately announced publicly so that Boulder; and Mini B – One mile loop on the Three flight cameras built by Boulder-based Boulder-based Array BioPharma Inc. (Nas- First MainStreet employees could give their Celestial Seasonings campus for children Ball Aerospace & Technologies Corp. have daq: ARRY) reported positive results of a customers the news. 10 and under. Register online at www. been installed on Lockheed Martin’s Orion Phase II clinical trial for a drug to improve First MainStreet’s three local owners continue bstrongride.com. Exploration Flight Test, or EFT-1, crew mod- lung function for people with asthma. Array to hold a “significant stake,” in the firm, said ule. Orion is the nation’s first interplanetary said its drug, ARRY-502, was well-tolerated Tom Chapman, who continues to serve as Ollin Farms in Longmont will host a Farm spacecraft designed to carry astronauts be- with fewer adverse events compared to a the managing partner. Kurt Mann and Brian to Table Fundraiser Dinner for the WOW! yond low-Earth orbit for long durations, with placebo. Array is seeking a partner to further O’Hanlon are the other two local owners on Children’s Museum in Lafayette from 6 to its first human mission slated for 2021.The develop ARRY-502 in this large market. The the team. Financial details of the transaction 9 p.m., Saturday, Aug. 10. Menu of freshly EFT-1 is scheduled to launch in September proof-of-concept study enrolled 184 patients were not disclosed. harvested produce and locally sourced of next year. The ultrawide-field cameras in the United States with mild-to-moderate The new brand name for the firm in Longmont ingredients. Event will be at 8627 N. 95th built and tested in Boulder will be placed in persistent allergic asthma, a population which will be TrueNorth Insurance and Financial St., Longmont. Cost is $60 per person, windows on the spacecraft in order to moni- represents more than 12 million patients in Strategies, effective by the end of 2013 or in and $20 of each ticket will be donated to tor the test flight as different procedures are the United States. The overall frequency of early 2014. WOW! To purchase tickets call 303-604- carried out. Ball Aerospace also 22 cryogenic adverse events was lower in the ARRY-502 2424 by Wednesday, Aug. 7. flight electronic boxes to NASA Goddard group including fewer asthma exacerbations Deadline to submit items for Business Digest Space Flight Center to be installed on the versus the placebo group. is three weeks prior to publication of each bi- GOOD DEEDS $8.7 billion James Webb Space Telescope. weekly issue. Mail to Editor, Boulder County Merrill Lynch Boulder, through the Merrill Ball Aerospace workers developed the boxes, CONTRACTS Business Report, 3180 Sterling Circle, Suite Lynch/Bank of America Charitable Foun- which can operate in a deep-freeze cryogenic Broomfield-based Renewable Energy Sys- 201, Boulder, CO 80301-2338; fax to 303- dation, donated $25,000 to the American environment as low as minus 405 degrees tems Americas Inc.’s subsidiary RES Amer- 440-8954; or email to [email protected] with Red Cross- Colorado Chapter to help pro- Farenheit, as well as at room temperature, ica Developments Inc. reached a long-term Business Digest in the subject line. Photos vide financial support for the families in according to a company press release. The agreement to sell 150 megawatts of wind en- submitted will not be returned. Colorado affected by recent wildfires. Webb telescope is slated for launch October ergy to Arkansas Electric Cooperative Corp. CALENDAR PRODUCT UPDATE Longmont-based Dot Hill Systems Corp. AUGUST Industrial Circle, Longmont. Cost is $40 per Ollin Farms and Niwot Market are (Nasdaq:HILL), a provider of SAN storage Boulder Small Business Development person, corporate table of eight is $280. To partnering to present A Farm to 24 solutions, patented a method for achieving Center presents Business Essentials, a register or for more information, email laec@ Table Celebration at 6 p.m., Saturday, Aug. 6 greater data availability and reliability for Serial workshop, from 6 to 9 p.m. Tuesday, Aug. 6, longmont.org or call 303-651-0128. 24, at Ollin Farms 8627 North 95th St., Long- Attached SCSI (SAS)-based storage systems. at 528 Main St., Longmont. Complete or re- mont. A portion of ticket sales will benefit the The technology has been incorporated into fine your business plan, with an emphasis on Boulder Small Business Development Center Longmont Community Justice Partnership, the Dot Hill AssuredSAN 3000 Series storage understanding your market and developing presents Startup Essentials, a workshop, formerly Teaching Peace. Register online at arrays, helping to maintains constant, reliable financials. Presenters are Diana Royce Smith, from 1 to 4:30 p.m. Wednesday, Aug. 21, at www.ollinfamrtotable.eevntbrite.com or call SAS connections between storage systems president, Royce Arbour Inc., and Tron Welch, 2440 Pearl St., Boulder. Attorney Theresa 303-776-1527. and host servers. financial adviser, Welch Financial Planning Pickner covers the nuts and bolts of starting a LLC. Cost: $45/attendee; $35/attendee with business, including legal entity selection, tax- The Boulder County Business Report Boulder-based AlsoEnergy Inc. unveiled Boulder or Longmont chamber membership. es (sales, use and payroll), liability protection, 28 presents its annual IQ Awards from 5 PowerOperations, an operations manage- There is no cost to attend this workshop if you registering a trade name, and more. Cost is to 8 p.m., Wednesday, Aug. 28, at the Boul- ment workflow unit that monitors renewable are a current of prospective city of Longmont $45, $35 if a member of Boulder or Longmont der Theater, 2032 14th St., Boulder. Event energy system performance, and PowerRes, a business. For more information call 303-442- chambers of commerce. honors the most innovative new products and portfolio management and monitoring system 1475, ext. 2. services developed by companies and orga- tailored for the financial community and de- Smoker Friendly International will nizations based in Boulder and Broomfield velopers of residential lease programs for the Boulder Small Business Development 22 host the 17th annual Tobacco Fes- counties. Cost is $45. Register online at www. solar market. Center presents Government Contract- tival and Conference Thursday and Friday, bcbr.com. Click on the events button. If your 8 Boulder-based TeamSnap Inc. launched a ing 101, a workshop, from 8:30 to 11:30 a.m., Aug. 22-23, at the Millennium Harvest House company is interested in sponsoring, contact French-language version of its free sports Thursday, Aug. 8, at 2440 Pearl St., Boulder. Boulder, 1345 28th St., Boulder. Thursday De Dahlgren, 970-232-3132 or ddahlgren@ team and group management app. The move Presenter Stephanie Mueller will provide at- is a full-day of retail oriented speakers and ncbr.com. is largely a play to reach more customers in tendees with a step-by-step plan to enter into presentations. Friday morning’s general ses- Canada, where the company does about 30 the world of government contracts. Cost: $45. sion features industry experts, and legislative Deadline for Calendar items is three weeks percent of its business. The TeamSnap app For more information call 303-442-1475, ext. 2. and industry updates will be given. Friday af- prior to publication. The weekly events cal- has 1.1 million users in Canada, with a concen- ternoon is the Tobacco Festival along Boul- endar alternates with the monthly events tration in Toronto. The TeamSnap app allows The Longmont Area Economic Coun- der Creek. On Saturday, all Smoker Friendly calendars; each appears once every other is- coaches, team managers and parents to man- cil and its sponsors present the 14th dealers are invited to the fourth annual Rocky sue. Mail Calendar items to Calendar, Boulder 21 age things like rosters, team scheduling, avail- Annual Community Appreciation Luncheon Mountain Cigar Festival. Information and reg- County Business Report, 3180 Sterling Circle, ability, messaging and making payments. The from 11:30 a.m. to 1 p.m., Wednesday, Aug. istration for exhibitors is available online at Suite 201, Boulder, CO 80301-2338 or news@ app is available in English and Spanish. 21, at the Plaza Convention Center, 1850 www.smokerfriendly.com. bcbr.com with Calendar as subject Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 27A ON THE JOB AWARDS ADVERTISING, COMMUNICATIONS Jim Riesberg, who The NCAR-Wyoming Supercomputing Cen- Boulder gave $5,000 in total to the nonprofit Boulder-based Catapult PR-IR, a public and recently resigned. ter in Cheyenne was named the 2013 Green groups Community Food Share in Boulder, investor relations firm for technology compa- Salazar’s first day will Data Center of the Year at the inaugural Data- Emergency Family Assistance Association in nies, promoted Jeremy Douglas to account be Aug. 19. Salazar center Dynamics North American Awards Boulder and A Precious Child in Broomfield. executive. Douglas started with the com- will oversee the reg- held in San Francisco. The center received Employees also volunteered at A Precious pany three years ago and has filled various ulation of the insur- top honors in a category that recognizes the Child. roles, most recently working as a junior ac- ance industry in Col- reality of designing and operating data cen- Boulder-based architectural design firm count executive. Along with acquiring more orado. Salazar most ters in the context of environmental scrutiny. Workshop 8 received a 2013 National Award responsibility, Douglas will work with the rest recently worked for Wealth-management firm Robert W. Baird & of Merit for Program Innovation – Project De- of the Catapult team to execute strategic the U.S. Department Co. Inc.’s office in Boulder was recognized sign for its work on the Paisano Green Com- programs that benefit its clientele. Douglas of Health and Hu- Salazar as a Branch of the Year by its parent community in El Paso, Texas. In October 2012, graduated from Fort Lewis College with a man Services, where pany for revenue growth and its philanthro- the project received a Citation Award for Built dual degree in economics and business Ad- she was the Region py in the local community. Baird’s office in Architecture from AIA Colorado. ministration with a focus in finance. VIII director since May 2010. Salazar served BANKING, more than 20 years as president and chief FINANCE executive of Valley-Wide Health Systems in RECORD from 25A Alamosa, a rural community health-system Boulder-based Mer- Price: $154500 INGALLS WAY rill Lynch, Pierce, serving more than 45,000 Coloradans through Date Closed: 6/6/2013 Buyer, Buyer’s Address: MATTHEW Address: 13288 LOST LAKE WAY, 22 primary-care and dental clinics. A & LESLIE E CAILE VEENKER, 133 BROOMFIELD Fenner & Smith Inc. Seller: JEROME T MADDOCK LIVING EVANS CIR TRUST Price: $384900 promoted wealth- MANUFACTURING Address: 133 EVANS CIR, BROOM- 6/13/2013 Buyer, Buyer’s Address: STEVEN Date Closed: management ad- Boulder-based Product Architects Inc., the FIELD NORRIS, 14144 SUN BLAZE LOOP Seller: WILMA I HERRMANN LIVING Price: $433000 viser Gary Stypula maker of Polar Bottle insulated sport bottles, UNIT F D TRUST Date Closed: 6/11/2013 from first vice presi- promoted Rachel Rangel, who started at Po- Address: 14144 SUN BLAZE LOOP Buyer, Buyer’s Address: JODY A & dent to senior vice lar Bottle in March 2012, and Michael Xiong, UNIT F D, BROOMFIELD Seller: 4316 CAMBRIDGE AVENUE AARON D BRITTON, 350 KOHL ST president. Price: $219900 LAND TRU Address: 350 KOHL ST, BROOMFIELD Stypula who has been with the company since 2007, Date Closed: 6/9/2013 Buyer, Buyer’s Address: JOYCE Price: $271500 to production supervisors. The company hired FRENCH, 1735 LAUREL CT 6/13/2013 Boulder-based El- Seller: ZUNI WEST LLC Date Closed: Address: 4316 CAMBRIDGE AVE, Caitlin Mallory as a sales associate, focusing Buyer, Buyer’s Address: MANINDER Seller: KHALIL NIKMANESH evations Credit Union hired Ray Lindley as BROOMFIELD primarily on working with existing bike shop SINGH, 14284 LAKEVIEW LN Buyer, Buyer’s Address: CARL senior vice president of lending and Kim Price: $ Address: 14640 CLAY ST, BROOM- ANDREW & SARAH LOUISE MADI- Felton as vice president of branch network. customers. Mallory joined the outdoor indus- Date Closed: 6/11/2013 try in 2009, first as a sales associate at Sun FIELD GAN, 495 HIMALAYA AVE The credit union also named Jack Burtzlaff Price: $160000 Seller: STEVE & JOELLYN HOLT Address: 495 HIMALAYA AVE, Boulder market community manager; Clint and Ski Sports in Houston, Texas and later Date Closed: 6/9/2013 Buyer, Buyer’s Address: NORMAN E BROOMFIELD & BARBARA A STRANDLUND, 13458 592000 as a merchandising manager for Hudson Trail Seller: DAVID M COTA Price: $ Jones as Lafayette/Broomfield manager; KING LAKE TRL 6/13/2013 Outfitters in Washington D.C. Buyer, Buyer’s Address: ANN M Date Closed: and Ron Pino northern community manager. Address: 13458 KING LAKE TRL, CAIRNS, 13756 LEGEND TRL UNIT 102 Seller: WANDA G WATSON BROOMFIELD NONPROFIT Address: 13756 LEGEND TRL UNIT Buyer, Buyer’s Address: WANDA G CONSTRUCTION Price: $540000 Bruce Nelson, 102, BROOMFIELD WATSON REVOCABLE LIVIN, 13521 Longmont-based Golden Triangle Construc- Date Closed: 6/11/2013 Price: $274900 SHERIDAN BLVD tion Inc. hired Lacey Reckelhoff as market- president of Boulder- based Vertical Solu- Date Closed: 6/9/2013 Seller: ROBERT A & LORELEI M Address: 13521 SHERIDAN BLVD, MAJZNER BROOMFIELD ing coordinator. Reckelhoff has eight years Seller: CHRISTOPHER GILLIAM tions, joined Healthy Buyer, Buyer’s Address: THOMAS experience in marketing for the architecture, Buyer, Buyer’s Address: TONY T & Price: $ & ROBYN INGALLS, 133 EVANS CIR Learning Path’s JOAN C BEDNARIK, 12599 ALCOTT ST Date Closed: 6/13/2013 engineering and construction industries. Address: 1060 STONEHAVEN AVE, board of directors. Address: 12599 ALCOTT ST, BROOM- Seller: HUD Most recently she was the marketing director BROOMFIELD FIELD Buyer, Buyer’s Address: YIHONG Healthy Learning Price: $322000 for an architectural firm in Fort Collins. Lac- Price: $304000 ZHANG, 1013 ASH ST Paths teaches chil- Date Closed: 6/11/2013 ey’s primary responsibilities include proposal Date Closed: 6/9/2013 Address: 1013 ASH ST, BROOMFIELD dren wellness strat- Seller: DAVID SARACENI development and leading the firm’s commu- Seller: JONATHAN R & MONICA L Price: $ egies for success in Buyer, Buyer’s Address: STEVEN & nications and public relations initiatives. TORPY Date Closed: 6/13/2013 MARY VOLENEC, 530 W 3RD AVENUE health, learning and Nelson Buyer, Buyer’s Address: ALLEN D & Seller: KENDALL ROBERT JR LANA DR EDUCATION life. ANITA J MARTINEZ TRUMM, 14132 LEIGH B Address: 805 MAIN ST, BROOMFIELD was named assistant vice ADAM CT Buyer, Buyer’s Address: KENDALL Ryan Chreist Price: $185000 RETAIL Address: 14132 ADAM CT, BROOM- ROBERT JR LANA LEIGH B, 3751 W chancellor for alumni Date Closed: 6/12/2013 relations for the Uni- The Cigarette Store Corp. in Boulder hired FIELD 136TH AVE UNIT M1 Ken Kramer as general counsel and vice Price: $457000 Seller: SANDRA L & JAMES V FERAN- Address: 3751 W 136TH AVE UNIT M1, versity of Colorado- Date Closed: 6/10/2013 DO BROOMFIELD president of administration. As a shareholder Buyer, Buyer’s Address: PAUL N & Boulder. The assis- Seller: FAIRWINDS I LLC Price: $ of Berenbaum Weinshienk PC, Kramer was ROSEMARY EATON, 16696 LAS BRI- 6/13/2013 tant vice chancellor Buyer, Buyer’s Address: KATHLEEN Date Closed: SAS DR Cigarette Store’s outside legal counsel for M PENDLETON, 14300 WATERSIDE Seller: ROBERT E TESCHENDORF for alumni relations Address: 16696 LAS BRISAS DR, the past 20 years. LN UNIT T3 Buyer, Buyer’s Address: NATASHA A serves as executive BROOMFIELD Address: 14300 WATERSIDE LN UNIT MROSAK, 1040 LAUREL ST Price: $541600 director of the CU- T3, BROOMFIELD Address: 1040 LAUREL ST, BROOM- SERVICES Date Closed: 6/12/2013 Boulder alumni as- Price: $244200 FIELD Benjamin West, a purchasing firm for furni- sociation and man- Date Closed: 6/10/2013 Seller: ROY SEARS II & ERICA LYNN Price: $252000 ture, fixtures and equipment and operating HARVEY Date Closed: 6/13/2013 Seller: NICHOLAS A & CELESTE TAN- ages the campus’ Buyer, Buyer’s Address: BRANDON Chreist supplies and equipment for the hotel indus- GORRA Seller: KIMBERLY J RABURN relationship with its & NICOLE CAMPBELL, 2463 QUAIL try, hired Catherine Black as vice presi- Buyer, Buyer’s Address: ALBERT Buyer, Buyer’s Address: BLUE CREEK DR more than 300,000 JOHN JR & KATHERINE C GALLI, 5000 SPRUCE 2013 LLC, 2637 PO BOX dent of business development. She will be Address: 2463 QUAIL CREEK DR, alumni through the Forever Buffs initiative. LINDSEY DR 113394 BROOMFIELD responsible for further expanding the inter- Address: 5000 LINDSEY DR, BROOM- Address: 2637 W 133RD CIR, BROOM- Chreist previously was the director of recruit- Price: $450900 national firm’s hospitality client base. Prior FIELD FIELD ment, operations and system integration for Date Closed: 6/12/2013 to joining Benjamin West, Black was direc- Price: $455000 Price: $210000 the CU-Boulder Office of Admissions. Chre- tor of business development – hospitality for Date Closed: 6/10/2013 Seller: CHARLES F LEECH Date Closed: 6/13/2013 ist will oversee an alumni staff of 25 and lead Buyer, Buyer’s Address: SCOTT CLIF- Seller: BRENDA E & STEPHEN A FLA- Seller: STEPHEN C & FREDA RUTH Shawmut Design & Construction and presi- FORD KALSON, 305 MULBERRY CIR all alumni operations, communications and HERTY HOSKIN dent and CEO of In the Black, an internation- Address: 305 MULBERRY CIR, events planning. Buyer, Buyer’s Address: LUIS & ELIZA- Buyer, Buyer’s Address: WILLIAM BROOMFIELD al consulting firm specializing in hospitality BETH MENEZES, 14028 PARK COVE DR T & SARAH P DAVENPORT, 3385 W Price: $187300 GOVERNMENT and entertainment markets. Address: 14028 PARK COVE DR, 126TH PL Date Closed: 6/12/2013 Brad Power, director of the city of Long- BROOMFIELD Address: 3385 W 126TH PL, BROOM- mont’s Economic TELECOMMUNICATIONS Price: $560000 Seller: ERIC H & MICHELLE L SCHAU- FIELD Boulder-based telecom Zayo Group elected Date Closed: 6/10/2013 BLE Price: $305000 Development De- Buyer, Buyer’s Address: MATT & LISA Date Closed: 6/13/2013 Don Gips and Stephanie Comfort to its Seller: LITTLE GREEN HOUSES LLC partment, has been DEEGLER, 4635 RED DEER TRL Buyer, Buyer’s Address: GREGORY G Seller: WENDY W YOUNG board of directors. Gips is a senior director at Address: 4635 RED DEER TRL, elected as a trustee NEFF, 903 E 7TH AVE Buyer, Buyer’s Address: SCOTT R the Albright Stonebrdige Group and the chair- BROOMFIELD of the Urban Land Address: 903 E 7TH AVE, BROOM- OUGH, 135 EMERALD ST Price: $600000 man of the U.S. Chamber of Commerce’s FIELD Address: 135 EMERALD ST, BROOM- Institute. The insti- Date Closed: 6/12/2013 tute is a nonprofit U.S.-South Africa Business Council. Gips Price: $254400 FIELD served as the United States Ambassador Date Closed: 6/10/2013 Seller: ANGELA M MCCABE Price: $260000 education and re- Buyer, Buyer’s Address: JOSEPH Date Closed: 6/13/2013 Seller: ALESSIA F DAVIS to South Africa from 2009 to January 2013. NOSEL, 13749 LEGEND TRL UNIT 104 search organization Buyer, Buyer’s Address: RILEY NEL- Seller: BETTY J HURFORD Comfort is an advisory partner with Denver- Address: 13749 LEGEND TRL UNIT that provides lead- SON PACK, 2550 WINDING RIVER Buyer, Buyer’s Address: CAROLYN 104, BROOMFIELD based Genesis Inc. Prior to that, she was the DR UNIT G2 BALMER, 16600 ANTERO CIR ership in the respon- Price: $233000 executive vice president of corporate strategy Address: 2550 WINDING RIVER DR Address: 16600 ANTERO CIR, sible use of land Power Date Closed: 6/12/2013 and development at Century Link. UNIT G2, BROOMFIELD BROOMFIELD and in creating and Price: $238000 Seller: KEVIN S & MOIRA MEADORS Price: $445000 sustaining communities across the globe. Deadline to submit items for On the Job is Date Closed: 6/10/2013 Buyer, Buyer’s Address: RONALD Date Closed: 6/13/2013 TRUJILLO, 4254 CHOKE CHERRY AVE Established in 1936, the institute has nearly three weeks prior to publication of each bi- Seller: BRIAN JACKSON Seller: MITCHELL G & ANGELA L Address: 4254 CHOKE CHERRY AVE, 30,000 members worldwide representing all Buyer, Buyer’s Address: KERRI & CHVATAL weekly issue. Mail to Editor, Boulder County BROOMFIELD MICHAEL WOOD, 3932 W 126TH AVE Buyer, Buyer’s Address: EUGENE R aspects of land-use and development disci- Business Report, 3180 Sterling Circle, Suite Price: $300000 Address: 3932 W 126TH AVE, JR & NATALIE BOCIS, 3203 TAYLOR CT Date Closed: 6/13/2013 plines. 201, Boulder, CO 80301; fax to 303-440- BROOMFIELD Address: 3203 TAYLOR CT, BROOM- INSURANCE 8954; or email to [email protected] with On Price: $253000 Seller: CHRISTIAN & AMY E DICK- FIELD the Job in the subject line. Photos submitted Date Closed: 6/11/2013 ERSON Price: $748500 Marguerite Salazar was appointed Colo- Buyer, Buyer’s Address: L ERIC & Date Closed: 6/16/2013 Seller: THOMAS A & ROBYN A rado’s commissioner of insurance, replacing will not be returned. DONNA J KEOWN, 13288 LOST LAKE 28A | Aug. 2-15, 2013 BOULDER VALLEY REAL ESTATE WATCH BOULDER COUNTY BUSINESS REPORT WWW.BCBR.COM

Caribou Ranch on market Tract housed recording studio that hosted many stars

COURTESY GUERCIO FAMILY A 1,600-acre chunk of Caribou Ranch, where the likes of music artists Elton John, Michael Jackson, U2 and Willie Nelson once went to play and record records, is for sale for $45 million. Breckenridge’s Mountain Marketing Associates Ltd., lists the property owned by music producer Jim Guercio, who ran the Caribou Recording Studio on the ranch until the mid-1980s. Guercio bought 4,000 acres outside Nederland in 1971, selling a little more than half of it to Boulder County for open space over the years. The remaining 1,600 acres is for sale, protected by a conservation easement that includes development rights for up to 16 single- family homes that range in size up to 10,000 square feet. The listing touts amenities that include an owner’s home, guest cabins, a lodge, riding area, barn and equipment buildings. Mill Village apartments break ground LONGMONT — Developers ect downtown as the second upscale includes a fitness center, theater and ware, tools and lawn and garden Roger Pomainville of Aspen Gold apartment complex under construc- media/conference room, hospital- equipment. Development Co. and Wendell Pick- tion in town. ity lounge, business center, dining/ Actis owner Richard Groves said ett of Frontier Companies LLC were The Mill Village apartments kitchen area and management offic- the Sears Hometown Store will scheduled to break ground Aug. 1 on will include 144 es. occupy the space that previously the $34 million 1600 Iron Horse at one-bedroom housed Corral West Ranchwear next Mill Village Apartments project in units measuring SEARS AT PARKWAY: Sears to Big Lots. The store joins Lucky’s Longmont. 706 square feet Hometown and Outlet Stores Inc. Market, which is slated to open Aug. The 220-unit luxury complex will each, 66 two- has leased 9,500 square feet of retail 14. Restaurant chain Modmarket be located at the southeast corner of bedroom units space at the Parkway Promenade also will open a location at Parkway Third Avenue and Ken Pratt Bou- measuring 1,088 shopping center in Longmont, where Promenade. levard on Longmont’s southeastern square feet and it will open a Sears Hometown Store. Groves said Modmarket is shoot- edge. The first units are scheduled to 10 two-bedroom The Parkway Promenade, a ing for a Nov. 1 opening date, and be ready for leasing in May, with the REAL ESTATE townhouse units 125,000-square-foot center owned he’s hoping Sears Hometown also entire project slated for completion Joshua Lindenstein measuring 1,250 by Actis LLC’s subsidiary Blackfox will open sometime in November. by October 2014. square feet. Fin- Parkway Associates, has been under- Michael DePalma and Sean Kul- FirstBank of Longmont provided ishes will include going a $3 million to $5 million ren- zer of SullivanHayes represented the a $22.1 million construction loan. plank floors, granite countertops, ovation near the intersection of Ken landlord in the lease deal with Sears Neil Littman and Scott Reichenberg stainless steel appliances, walk-in Pratt Boulevard and Main Street. Hometown. of Signature Partners managed an closets, full-sized washers and dry- Sears Hometown’s arrival in $11.9 million equity raise from local ers, and decks. Rents will range from Longmont comes after Sears closed PRICEY HYGIENE HOME: A investors. And Denver-based Shaw $1,025 for one-bedroom units to a store at Twin Peaks Mall last year. bank-owned home outside Hygiene Construction is the builder. $1,395 for the townhouse units. Sears Hometown is a scaled-down was the most expensive sale in the The Mill Village apartments join The complex also will include a version of Sears’ conventional stores, Denver metro area in June as luxury the Roosevelt Park mixed-use proj- 4,200-square-foot clubhouse that focusing on home appliances, hard- ➤ See Real Estate, 29A Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 29A VC firms, execs gain as Rally sells follow-on shares BY BETH POTTER capital. LinkedIn and other online power- million to $73 million in the first [email protected] Rally sold 250,000 shares in the house companies, and Mohr Davi- year it is publicly traded, a 25 per- offering and selling stockholders dow Ventures, also in Menlo Park. cent to 29 percent growth com- BOULDER — Rally Software sold 5,339,455 shares. Rally’s founder, Ryan Martens, pared with the previous year. Development Corp. closed a $138 Boulder Ventures and Mobius sold about $3 million worth of Martens, founded the company million follow-on public stock Technology Ventures, both Boulder stock, retaining a 3.6 percent stake in Boulder in 2001 as F4 Technolo- offering July 30 — a move that venture capital firms, each gained in the company. Chief executive gies Inc. Since then, Rally has raised meant payouts for at least three about $30 million in the stock trans- officer Tim Miller sold about $2.6 about $70 million in venture fund- Boulder-based venture capital firms action, based on a U.S. Securities million worth of stock, retaining a ing from Boulder Ventures, Mobius and three company executives. and Exchange Commission docu- 2.9 percent stake in the company, Technology Ventures, Mohr Davi- Boulder-based Rally (NYSE: ment. Each company retains a 9 per- according to the SEC document. dow Ventures, Greylock Partners RALY) sold 5,589,455 shares of cent stake in Rally. Vista Ventures in Bryan Stolle, a company director and Vista Ventures, among others. common stock at $24.75 per share Boulder gained $4.8 million in the affiliated with Mohr Davidow Ven- Deutsche Bank Securities Inc. in the follow-on offering, according stock transaction, retaining a 4.5 tures, sold about $3 million worth and Piper Jaffray & Co. acted as to a press statement. The company percent stake in Rally, according to of stock, retaining an 8.2 percent joint book-running managers for makes cloud-based software devel- the SEC document. stake in the company. the follow-on stock offering. Need- opment tools. Other investment firms ben- Rally went public in April ham & Company LLC, JMP Secu- A follow-on public offering is efitting in the latest stock offer- with an $84 million initial pub- rities LLC, William Blai & Co. made after a company files its initial ing included Greylock Capital, the lic offering. The company in June LLC and Wunderlich Securities public offering – something Rally Menlo Park, California, venture announced that it expects to see Inc. acted as co-managers for the did in April to raise $84 million in capital firm behind Facebook, total revenue in the range of $71 offering.

REAL ESTATE from 28A

home sales in the area increased office tenants. Two of the buildings quarter of this year, according a Boulder. yet again. are three stories and the third is report released by the Colorado Vista opened in 2009 in Broom- The figures, released in a report two stories, with a total of 24,987 Division of Housing and the Apart- field. The new office at 15th Street by Coldwell Banker Residential square feet between them. ment Association of Metro Denver. and Arapahoe Avenue in Boulder is Brokerage, are based on Multiple Jason Kruse of The Colorado The local vacancy rate of 3.8 about 1,000 square feet and is part Listing Service data of all homes Group represented the buyers, percent is lower than the rate for of a larger creative work space called sold for more than $1 million last while Keith Jenkins, a partner in Colorado – 4.2 percent, a 13-year Capital that includes about seven month. Formosa, represented the seller. low. other small companies, including a The 10,821-square-foot home The buildings are 100 percent The rate for Boulder and Broom- financial consulting firm and a web- on 40 acres at 6880 St. Vrain Road leased by 13 tenants, including field counties increased from 3.6 development and marketing firm. sold for $4.25 million on June 24. mobile app creator Innovo LLC, percent for the second quarter of The space is owned by Work Places The Boulder County assessor’s snack-food company Snikiddy 2012, up from 3.2 percent in the Ltd., of which Hart is a partner. website shows the previous owner LLC, and Boulder Sol Chiroprac- first quarter of this year. Vista recently was involved in as First Western Trust Bank in tic Love. The average price to rent an the deal that brought Jammin Java Denver. Managing broker Keith Burden of apartment in Boulder and Broom- Corp.’s headquarters to Colorado Burden Inc., which is developing the field counties was $1,194.57 for the from California. Jammin Java, BOULDER Roosevelt Park mixed-use project in second quarter. which does business as Marley Cof- 3 BUILDINGS: $5.6 MIL- Longmont, said there were no rede- fee, is owned by the late reggae LION: Walnut Offices LLC, an velopment plans for the buildings. VISTA OPENS 2ND OFFICE: singer Bob Marley’s family. The investment group managed by Given the buildings’ central location, Broomfield-based Vista Commer- wholesale and online coffee retailer Niwot-based Burden Inc., has the investment group simply liked cial Advisors Inc., a real estate bro- leased 4,284 square feet of space closed on a $5.6 million purchase them as a long-term addition to its kerage specializing in office, retail at 4730 Tejon St., in Denver from of three office buildings near the portfolio as the office market contin- and industrial leasing as well as Gelman Group LLC for its head- intersection of Folsom and Pearl ues to improve in Boulder following development, has opened an office quarters and a small storefront. streets in Boulder. the recession. in Boulder at 1701 15th St. Jenkins represented Jammin Java Walnut Offices bought 2501, Kevin Hart and Michael Ruiz, in the deal. 2503 and 2505 Walnut St., from APARTMENT VACANCY UP: who joined Vista’s roster of six Formosa LLC. The three buildings, The apartment vacancy rate for brokers in March, will staff the Joshua Lindenstein can be reached built from 1996 to 1998, are home Boulder and Broomfield counties office, with president Chris Jensen at 303-630-1943 or jlindenstein@ to a mix of medical and general increased slightly in the second floating between Broomfield and bcbr.com.

BULUMU from 3A like Whole Foods,” Bailey saidw. habits.” you,” Bailey said. granola freed them up to go out and “That partnership has given us access Bailey credits the mentoring he He used their efforts to break into get the sales. to thousands of retailers.” and Oeinck got from a few of Boul- Whole Foods Market as an example. The 23 percent profit Bulumu Current retail locations include der’s well-known entrepreneurs such “We had printed labels on our earned last year was reinvested in the Colorado, New Mexico, Utah, Kan- as Justin Gold, founder of Justin’s, jet printer at home, stuck them on business, and the company will run sas, Idaho, California and Arizona. and David Sorley, formerly with Lar- the bags, took them to Whole foods at a loss this year because of growth “We’re in about 50 stores as well abar. where we gave them samples, and told investment. “We’ll absorb 15 to 20 as moving into King Soopers and City “They helped us with our busi- them we wanted to know if they’d sell percent as an operating loss,” Bailey Market next month,” Bailey said. ness plan, helped us understand this something like this in their store.” said, adding that sales growth in the Rather than targeting professional particular industry and helped us The relationships led to a positive company’s second year was 200 per- athletes, Bulumu’s market focuses know how to break onto the shelves,” reception at Whole Foods’ regional cent on unit sales. more on beginners, according to Bai- he said. offices. What helped was backing up With a $500 initial personal invest- ley. “Most professionals have a nutri- Both he and Oeinck agreed on the their pitch with names of buyers at ment and friends and family pitching tion plan set. We’re aimed at people biggest challenge they’ve had in the the store level who already had said in to help keep the project growing, who are running races like half mara- business to date: building relation- they’d carry the product. Bailey said the company should start thons or shorter and who are there to ships. Another challenge the co-owners making a profit next year. have a good time. “That means getting access to cus- overcame was realizing when it was Bulumu comes in three flavors in “We support their new journey tomers and capital and learning how time for them to get out of the kitch- 11-ounce resealable pouches and sells and are there to help them create new to get people to want to work with en. Getting someone else to make the for $5.49 to $6.49. 30A | Aug. 2-15, 2013

OPINION BOULDER COUNTY BUSINESS REPORT WWW.BCBR.COM Voters must get final say on city utility et the people decide. With the city of Boulder Lpoised to make the biggest financial decision in its history — creating a municipal utility — shouldn’t citizens get to weigh in once the costs are truly known? Boulder is deciding whether to launch its own municipal utility, taking over for Xcel Energy, which would be an unwilling seller. Years of litigation lie ahead if condemnation of Xcel’s assets proceeds. City officials peg the cost of such a move at a few hundred million dollars, while Xcel pegs it at perhaps well more than $1 billion. In either case, voters deserve another chance to weigh in on the Money flows to Boulder-area companies matter. A group called Voter Approv- • Sprouts Farmers Market Securities and Exchange Commis- al of Debt Limits has submitted a IPOs, venture capital announced a $246.5 million public sion has decided to allow advertis- measure for the November ballot that provide funding across offering. Sprouts last year merged ing for private offerings for the first would require voter approval of any with Boulder-based Sunflower Mar- time. While it’s unclear what effect utility debt, as well as the total cost different industries ket. The IPO that will have on private companies’ of any debt repayment. should enable ability to raise funds, it should allow ll of a sudden, money seems Sprouts to such firms to cast a wider net to EDITORIAL to be flowing into the Boul- expand its retail attract potential investors. Ader Valley. Consider some of footprint. In the Boulder Valley, the trans- City officials are considering a com- the major recent financial transac- • WhiteWave actions cited above — and there peting ballot measure, one that would tions that have benefited companies Foods Co. raised were many more on a smaller scale set a limit on debt needed to acquire based in, or with ties to, Boulder and $391 million in — demonstrate the diverse nature of Xcel’s distribution system. That Broomfield counties: an IPO last fall. the local economy. While technol- amount has not yet been determined. • Rally Software Development PUBLISHER'S The Broomfield- ogy continues to attract widespread While this is a positive step, we Corp. of Boulder raised $84 million based company interest, ventures such as White NOTEBOOK favor allowing non-Boulder residents in an initial public offering in April, produces Hori- Wave, Noodles, Array and Sprouts who would be included in any Boul- adding another $138 million in a fol- Christopher Wood zon Organic also are able to secure hundreds der service area to vote on the debt. low-on public offering in July, much milk, Silk soy- of millions of dollars. Solid track The city says it has no authority to of the latter offering going to key milk and a variety of dairy products records, a proven business model, include nonresidents in such a vote. executives and venture-capital firms. and coffee creamers. sound balance sheets, well-known Additionally, the Boulder Cham- • Noodles & Co. Inc., based in • SolidFire Inc., a Boulder-based brands — each of these leads to ber makes some valid points . Broomfield, raised $96.4 million in an developer of solid-state data-storage interest from investors. • Any board formed to set rates IPO in June, with the company’s stock systems, raised $31 million in series We’ve also seen that same for a future municipal utility should price more than doubling just a day C funding, led by Samsung Venture dynamic at work in terms of mergers accurately reflect the interests of after its launch. Noodles operates 343 Investment Corp. SolidFire moved and acquisitions involving Boulder ratepayers, including those that use restaurants, including 291 company- to Boulder from Atlanta in 2011. Valley companies. the lion’s share of electricity – i.e., owned and 52 franchised locations. • Accera Inc., based in Broom- What’s next? Whether it’s high- the business community. • Array BioPharma Inc., based in field, raised $35 million in venture tech, natural and organics, the • Alternatives should be explored Boulder, could receive $376 million capital in the second quarter, more outdoor sector, bioscience, retail/ more fully, including working with as part of an agreement with New than any other company in Colora- restaurants or other sectors, expect Xcel to achieve the city’s climate- Jersey-based Celgene Corp. Celgene do. Accera produces Axona, a pow- plenty of additional private offerings, action goals. will have exclusive rights to license der that can be mixed in drinks and venture-capital fundings and, yes, • Finally, voters should be allowed several Array drugs currently in food for treatment of Alzheimer’s the occasional public offering or two to weigh in once all costs are known. clinical development. disease. … or three … or four … The latter remains our bottom • Arca BioPharma Inc. raised $18 Other companies also are reaping line. The closeness of past votes to million through a stock offering to the rewards of an improved equity Christopher Wood can be reached allow municipalization demands help develop a drug to treat irregular market and increased investor confi- at 303-440-4950 or cwood@bcbr. that voters get another say. heartbeat. dence. This comes even as the U.S. com.

BOULDER COUNTY PUBLISHER WEB MANAGER OFFICE MANAGER BUSINESS REPORT Christopher Wood ...... [email protected] Chase Miller ...... [email protected] Tiffanie Moore ...... [email protected] 3180 Sterling Circle, Suite 201, EDITOR WEB DESIGNER Boulder, Colo. 80301-2338, is CARTOONIST Doug Storum ...... [email protected] Denise Schwartz ...... [email protected] Ron Ruelle published biweekly by BizWest Media LLC a Colorado corpora- COPY EDITOR SALES DIRECTOR CONTRIBUTING PHOTOGRAPHERS tion, in Boulder, Colo. Dallas Heltzell...... [email protected] Kevin Loewen ...... [email protected] Jonathan Castner, Peter Wayne

To advertise or subscribe: WRITERS ACCOUNT EXECUTIVES CONTRIBUTING WRITERS 303-440-4950 Joshua Lindenstein ...... [email protected] Storm Hostetter ...... [email protected] Elizabeth Gold, Sally McGrath VOLUME 32, ISSUE 17 Beth Potter ...... [email protected] Fax: 303-440-8954 Dave Thomas ...... [email protected] Online edition: www.BCBR.com RESEARCH DIRECTOR Lauren O’Brien ...... [email protected] The entire contents of this newspaper Mariah Tauer ...... [email protected] are copyrighted by BizWest Media with CIRCULATION MANAGER all rights reserved. Reproduction or use, PRODUCTION DIRECTOR Janet Hatﬁeld ...... jhatﬁ[email protected] without permission, of editorial or graph- Dave Thompson ...... [email protected] ic content in any manner is prohibited. Boulder County Business Report | www.bcbr.com Aug. 2-15, 2013 | 31A New SEC policy likely to aid Boulder startups

ny entrepreneur in town startup will be able to promote the this process one step further. networking, hustling and face-to- will tell you how time con- offering online. Now, if a business publicly face meetings. Once a startup has Asuming it is to raise capital. Unsurprisingly, the SEC has advertises the offering, the inves- launched an advertising campaign, To the same degree, any investor included some fine print. tor likely will need to share some it will be very difficult to unring will tell you how difficult it is to First, these rules will not go into highly personal financial informa- that bell — meaning they will find great ideas, leadership teams effect until September. Thus, this tion. We already are seeing some have committed to selling to only and investment opportunities. is the time for preparing an offer- feedback that this level of infor- accredited investors and the veri- Matching supply and demand in ing, not for publicly launching one. mation sharing could have a chill- fication requirements imposed by the capital-formation process has Next, these advertised offering effect, particularly for angel the SEC. been, and always will be, one of ings are limited to “accredited rounds involving high net-worth Finally, on the same day the the great challenges in the startup investors.” In individuals. SEC eliminated the general solici- ecosystem. the SEC’s eyes, So what does all of this mean tation ban, it also proposed some In July, the Securities and accredited for Boulder startups and investors? additional rules regarding these Exchange Commission adopted investors have The new SEC rules will allow offerings. These proposed rules final rules eliminating the prohi- sufficient means startups to seek funding in new would make general solicitations bition of general solicitation and and sophistica- ways and reach a much broader even more onerous, requiring that advertising for certain offerings. tion to fend for audience and, without the cloak of companies supply the SEC with This move has the potential to themselves — secrecy, many investors will have information about the offering in make the matchmaking process meaning they access to greater deal flow. Other advance, among other things. If between private companies and GUEST OPINION have income market participants, such as fund- these rules are adopted, the appeal investors more efficient. Matt Stamski in excess of ing platforms and broker-dealers, of general solicitations will be even Prior to the lifting of the adver- $200,000 will be able to match supply and more limited. tising ban, startups and other com- ($300,000 demand for startup opportunities The Boulder startup communi- panies looking to raise capital were jointly with their spouse) or more in new ways. ty is one of the most innovative in prohibited from publicly releasing than $1 million in assets, among It is important to note, howev- the country, and we expect to see information about an offering, other established financial metrics. er, that these rules do not change creative approaches to these new unless it was registered with the Companies must take reason- the fundamental principles of rules in the near future. SEC. This registration process is able steps to verify that their sale startup investing, nor do they time-consuming, expensive and of securities is made solely to change the antifraud protections Matt Stamski is a corporate attor- generally impractical for most accredited investors, which can contained in the securities laws. ney at Faegre Baker Daniels LLP startups. As such, most companies include the review of the investor’s Just because a startup can adver- who focuses on emerging companies, rely on Regulation D, a private- tax forms or bank statements, or tise an offering does not mean venture capital and mergers and offering exemption. With the other third-party verifications. In success is any more or less likely. acquisitions. He devotes a significant new SEC rules, they will be able any startup financing, investors We expect that many startups amount of time to emerging compa- to advertise some of these Regula- have always self-certified to the and investors will continue to nies and is an active participant in tion D offerings. For example, a same effect; the new rules take operate under the “old” rules of the Boulder startup community.

BCBRDAILY from 2A sey-based Celgene (Nasdaq: CELG) operations for the PGA Tour. 2010 TechStars Boulder graduate, will recently serving as vice president of will have exclusive rights to license Posted July 17. use the infusion of cash to keep growing product at MapQuest where he helped multiple drug candidates currently in the product, marketing and sales, co- launch products such as MapQuest clinical development, according to the RES builds Xcel wind farm founder and president Mike Lewis said. Vibe and MapQuest Discover. Before press statement. BROOMFIELD – RES America Lead Edge Capital and Floodgate that, he managed Product and Tech- Array also will be entitled to receive Developments Inc., a subsidiary of participated in the funding round as nology at Google, playing a key role royalties on net sales of all drugs in Renewable Energy Systems Americas new investors in Kapost, while exist- in the development of Google Drive, development in the collaboration, Inc. in Broomfield, will construct a ing investor High Country Venture Google Docs and Google Search. according to the press statement. The 200-megawatt wind farm for Xcel also participated. The amount of Posted July 18. company retains all rights to its pro- Energy Inc. near Austin, Minnesota. equity the investors acquired was not gram if Celgene decides not to exercise The Pleasant Valley Wind Farm is disclosed. The funding round fol- Fines levied for dumping its rights, the press statement said. part of 600 megawatts of wind power lows a series A round of $1.1 million LONGMONT – A Longmont man Array and Celgene have other col- Xcel is generating in its Upper Mid- raised by Kapost in 2010 and a series and his self-storage company, East laborative agreements related to other west service territory. B round of $1.5 million in 2012. Point LLC, must pay $20,000 in drugs currently in development at The project will benefit from the Kapost employs 20 people, all in fines for dumping sewage into Union Array, including a cancer drug. production tax credit. A major driver Boulder. That figure has increased by Reservoir, the U.S. Attorney’s Office Posted July 29. of wind power development in the eight since the start of the year, and in Denver said. past decade, the 2.2-cent per kilo- Lewis said he expects it to rise to 35 John Albert Paquette, 53, know- George CU’s new AD watt-hour tax credit applies to the by the end of the year as the company ingly dumped 1,000 gallons of raw BOULDER – Texas Rangers’ presi- first 10 years of electricity production adds to its sales, marketing and prod- sewage from a hose into the Oligar- dent of business operations Rick George from utility-scale turbines. uct development teams. chy Ditch on June 20, according to was named the University of Colorado’s RES Americas will continue its Posted July 18. court documents cited in a press new athletic director, replacing Mike role as developer and constructor of statement from the U.S. Attorney’s Bohn, who was forced out in May after Pleasant Valley. Once the project is Bangaru to lead Splick-it Office in Denver. The sewage flowed eight years in the position. complete, RES Americas will transfer BOULDER – Splick-it Inc. hired into Union Reservoir, according to George, who was director of foot- ownership of Pleasant Valley to Xcel Vijay Bangaru as president and chief court documents. The sewage came ball operations at CU from 1987-91, Energy, who will own and operate executive. from Paquette’s nearby self-storage will begin leading the Buffaloes’ ath- the project. Cost of the project was Boulder-based Splick-it, founded company, according to documents. letic department effective Aug. 12, not disclosed. in 2008, powers branded mobile Paquette pleaded guilty on April the university announced. Posted July 19. apps and online ordering platforms 4. He was sentenced July 29 to pay George, who has agreed to a for restaurants that allow customers a $10,000 fine as was his company, five-year contract pending Board of Kapost raises $5.6 million to order, pay and receive rewards. according to the press statement. The Regents approval, has spent more BOULDER – Startup Kapost has Most recently chief financial officer case was investigated by the Environ- than 30 years as a sports executive secured $5.6 million through a series Tom Plunkett and founder and chairman mental Protection Agency’s Criminal at both the professional and colle- C funding round. Rob Taylor had been sharing chief execu- Investigation division. giate ranks. He has been with Major Boulder-based Daily Inches Inc., tive duties, said senior vice president of Paquette was prosecuted by assis- League Baseball’s Rangers since 2010 using the tradename Kapost, a devel- sales and marketing Anke Corbin. tant U.S. attorney Suneeta Hazra. after serving as president and chief of oper of content-marketing software and Bangaru joins Splick-it after most Posted July 30. 2013 IQ AWARDS Boulder Theater • Aug. 28, 2013 • 5:30 - 7:30 PM

The IQ Awards is an annual event that honors the most innovative new products and services developed by companies and organizations based in Boulder and Broomﬁeld counties, in the Denver/Boulder corridor, or for local divisions of national companies that were instrumental in the innovation.

The awards have a special emphasis on advanced technologies, innovations within a particular business sector and sustainable business practices.

The IQ Awards categories include: Green/Sustainability Sports & Outdoors Social Media/Mobile Applications Consumer Nonproﬁts Internet/Web Software Business Products & Services Natural Products

Tickets can be ordered online for $45 at bcbr.com. Click on Events. If you have any questions, please call the Business Report at 303-440-4950.