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Colorado - Tue. 04/28/26 |
A Free Business Publication from Alpine Bank
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MIAMI FIRM BUYING RE/MAX, MOVING HQ FROM DENVER
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Real Brokerage Inc. will acquire Re/Max Holdings in a cash and stock deal valuing Re/Max at about $880 million and will combine the companies into a new Real Re/Max Group headquartered in Miami while keeping a significant Denver presence; the transaction, expected to close in the second half of the year, values Re/Max stock at $13.80 per share and lets shareholders elect 5.152 shares of the new company or $13.80 in cash (cash elections subject to proration), with aggregate cash proceeds capped between $60 million and $80 million. The combined company would have generated about $2.3 billion in pro forma revenue last year; Re/Max reported $291.6 million in 2025, down 5.2 percent.
Real shareholders are expected to own roughly 59 percent of the combined company and Re/Max shareholders about 41 percent. Tamir Poleg will serve as chairman and CEO, Jenna Rozenblat as chief integration officer. The deal is expected to yield about $30 million in annual run rate savings, and Real has a $550 million financing commitment to refinance Re/Max debt and fund the cash portion.
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NUGGETS CRUISE TO GAME 5 WIN OVER TIMBERWOLVES, STAVING OFF ELIMINATION IN NBA PLAYOFFS
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The Denver Nuggets beat the Minnesota Timberwolves 125-113 in Game 5 to avoid elimination, with Nikola Jokic recording a triple-double (27 points, 12 rebounds, 16 assists) and Jamal Murray adding 24 gritty points; Spencer Jones, inserted into the starting lineup with Aaron Gordon sidelined by left calf tightness, hit 4 of 5 from 3 and scored 20 while guarding Julius Randle. Denver forced 25 Timberwolves turnovers and capitalized in transition, building a 27-point lead before Minnesota cut it to 10 late; key Wolves injuries include Anthony Edwards (hyperextended knee) and Donte DiVincenzo (torn Achilles), and Game 6 is Thursday in Minneapolis. The Nuggets have won their last three elimination games at home.
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COLORADO WHISKEY NAMED WORLD’S BEST AT INTERNATIONAL COMPETITION
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Root Shoot Spirits’ American Single Malt Whiskey was crowned Whisky of the Year at the London Spirits Competition, earning a double gold and 97/100 points. Judges scored aroma, flavor, body and value and also considered label and shelf appeal. The whiskey is made from 100 percent Colorado grown grain produced by Root Shoot Malting, owned by fifth generation farmer Todd Olander, who grows about 700 acres of barley. Root Shoot released the spirit in 2023 to showcase the farm and malthouse. The spirit’s tasting notes include cobbler and honey granola aromas with floral and spicy flavors, and it previously won best American single malt in 2025. Denver’s Stranahan’s also earned double gold and several other medals at the competition. A full list of winners is available at londonspiritscompetition.com.
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KING CHARLES IS ON A MISSION TO SALVAGE U.K. RELATIONS WITH TRUMP
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King Charles III begins a four-day Washington visit intended to repair a frayed U.S. U.K. relationship, with a speech to Congress, a private audience with President Trump, a state dinner and trips to New York and Virginia. The palace said security officials are reviewing the schedule after an attempted attack at the White House Correspondents’ Dinner, and Charles has expressed sympathy to those affected. British officials view the visit as urgent diplomacy because tensions have grown over trade, the war in Ukraine, U.S. actions in the Middle East and other disputes, and reports that Pentagon planners are reviewing support for overseas territories have further ratcheted up strain. The trip mixes pageantry with private outreach aimed at underscoring the importance of alliances and multilateral institutions that underpin European security.
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LAND ACQUISITION EXPANDS POPULAR JEFFCO PARK ADJACENT TO RED ROCKS
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Jefferson County Open Space has added the 347-acre Braun Ranch to Matthews/Winters Park after purchasing the family-owned parcel for $7.3 million, a deal facilitated by The Conservation Fund with a $2.3 million contribution from Great Outdoors Colorado. The acquisition links disconnected northern and southern parts of the park, adds more than 1,000 feet of elevation above the Morrison Valley and offers long western vistas including Mount Blue Sky. Officials say the land will be preserved for wildlife habitat and recreation, noting the area serves as a migration corridor for elk and mule deer and faces development pressure. Jeffco plans at least one new trail connecting to the Morrison Slide and Red Rocks Trail, with no construction timeline yet, and officials emphasized the park’s heavy regional visitation and conservation value.
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TIM MCGRAW & PROFESSIONAL BULL RIDERS TO PERFORM AT FALCON STADIUM FOR AMERICA 250
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The United States Space Force and Professional Bull Riders will stage “PBR Space Cowboys Presented by the U.S. Space Force” at Falcon Stadium on June 20 as part of America 250, combining a Tim McGraw concert with Chris Janson, a 30 rider bull riding competition and large scale patriotic spectacles including flyovers, parachute landings and a drone show. PBR will install roughly 30,000 square feet of arena and four million pounds of specialized dirt; the 30 competitors will be drafted into three teams of 10 and face 8 second matchups against bucking bulls. The Beast World Championship belt buckle will fly on a LEAP Space rocket on May 3 and be presented to the 2026 PBR World Champion. Interactive exhibits open at 1 p.m. Tickets go on sale at noon Thursday.
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MATERIAL GAINS: CLAY, GRAVEL AVAILABLE TO PUBLIC AT BLM COMMUNITY PITS
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The Bureau of Land Management is expanding public access to common mineral materials through a new Materials Access Program and an interactive Community Pits Mapper that shows pit locations, available materials, pricing and contact information through a link in the article. Local community pits include Little Park Road, where bentonite sells for $1.19 per cubic yard plus a $0.10 reclamation fee; the 16 Road Red Gravel site at $2.63 per cubic yard plus a $0.30 reclamation fee; and an adobe clay and fill dirt pit at $0.57 per cubic yard plus a $0.27 reclamation fee. Outside established pits, the BLM now applies a two-tier flat pricing system of $400 per transaction for small personal projects and $1,500 per transaction for larger local business or infrastructure uses, and the agency requires contracts and site-specific rules to be obtained at the Grand Junction field office at 2815 H Road in Grand Junction. The phone number is 970-244-3000.
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MOUNTAIN VILLAGE APPROVES EMERGENCY ORDINANCE FOR WATER USE
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Mountain Village has enacted an emergency ordinance, effective immediately, authorizing staff to impose tighter outdoor water restrictions and fines as the region endures continued dry conditions and exceptionally low snowpack. Officials cited snow water equivalent at 9 percent of median (April 24) and the San Miguel River flowing near 100 CFS, below the 25th percentile, with experts warning of one of the lowest runoff years on record. The town can tap 70-acre feet in Trout Lake for augmentation but prioritizes conservation and may face a “call” from senior water rights holders. Builders may receive certificates of occupancy without finished landscaping but remain accountable. Nightly irrigation is limited to 7 p.m. to 8 a.m. at 70 to 75 percent of normal use on alternating days by neighborhood; no exterior water features or trucked in irrigation connections are allowed.
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LA PLATA COUNTY'S FIRE READY EXPO PLANNED FOR MAY
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La Plata County will host a Fire Ready Expo from 10 a.m. to 3 p.m. on Saturday, May 9 at the La Plata County Fairgrounds. The event will feature three panels on the upcoming fire season outlook, public safety power shutoffs, and the county’s new wildfire resiliency code, plus hands on demonstrations, opportunities to connect with mitigation contractors, and a Red Cross evacuation shelter display. There will be a chainsaw safety class for homeowners, a raffle, and local fire departments offering education, displays and kids’ activities. Organizers say the Expo aims to help residents understand wildfire risks and take practical preparedness steps; about 300 people attended last year. The county is also continuing outreach around its LPC Alerts system and will run a countywide Wireless Emergency Alert test at noon on Saturday, May 2. Sign up for local LPC Alerts at lpcgov.org/LPCAlerts.
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K9 CHALLENGE SET FOR MAY 30 AT HOWELSEN RODEO GROUNDS
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The High Desert Police K9 Association will host a free public K9 Challenge from 10 a.m. to 3 p.m. on Saturday, May 30 at the Howelsen Rodeo Grounds in Steamboat Springs. The event will showcase working police dogs and their handlers in skill demonstrations and lighthearted contests. Spectators can expect obedience, agility and detection displays and contests such as fastest dog, best grip and hardest hitting. The event will include raffle prizes, a silent auction and merchandise sales with proceeds benefiting K9 training, equipment and program needs. Participating teams include agencies from Steamboat, Routt County and Craig. Personal pets are not allowed for safety reasons.
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FRISCO ANNOUNCES FREE CONCERT SERIES LINEUP
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The town of Frisco’s free summer concert series returns this year with shows at the marina, the Frisco Historic Park and on the Fourth of July on Main Street. Concert season will kick off with Rock the Dock on Friday, June 19. Two bands, HeartByrne and Karl Denson’s Tiny Universe, will play at 5:30 and 7 p.m., respectively, while visitors enjoy lawn games, food vendors and drink specials at the marina’s lighthouse lawn. Frisco’s Fourth of July Celebration includes a pancake breakfast, a parade, other activities for kids and a concert at Main Street and 1st Avenue. The Motet, a funk, soul, jazz and rock band, take the stage at 4:30 p.m. The marina and the historic park will have weekly acts, with the marina’s Island Grill having live music every Friday from 4 to 7 p.m. The historic park’s gazebo will on Thursdays host the Concert in the Park series, which starts June 25. Check out the full lineup at Bit.ly/FriscoCITP2026.
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SEVEN SURPRISING CLAUSES COUPLES ARE PUTTING INTO THEIR PRENUPS
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Prenuptial agreements are becoming more common among everyday Americans as couples seek clarity on financial expectations before marriage. A 2023 Harris Poll found about 41 percent of Gen Z respondents and 47 percent of millennials who were married or engaged reported having a prenup. Lawyers say a well‑crafted prenup can protect both parties and evolve over time. The Wall Street Journal article highlights several modern provisions that couples and their attorneys are increasingly including to address new financial realities and personal priorities:
- Embryos — custody, storage, donation or disposal rules and decision timelines
- Crypto — classification of cryptocurrency and its appreciation as separate property
- Trust interests — confirmation that third‑party trust assets remain separate
- Dividing future earnings — formulas or lump sums tied to marriage length or milestones
- Pet custody — physical custody and shared veterinary and care costs
- Nondisclosure — confidentiality clauses barring disclosure of wealth or terms
- Periodic review — requirements to revisit the prenup to ensure continued fairness
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MARKET UPDATE - 04/27/2026 Close
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(Courtesy of Alpine Bank Wealth Management*)
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Canadian dollar (per U.S. dollar)
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Mexican peso (per U.S. dollar)
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30-year fixed mortgage rate (Freddie Mac 04/23/2026)
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*Not FDIC insured. May lose value. Not guaranteed by the bank.
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Alpine Bank is an independent, employee-owned organization with headquarters in Glenwood Springs and banking offices across Colorado's Western Slope, mountains and Front Range. Alpine Bank serves customers with retail, business, wealth management*, mortgage and electronic banking services. Learn more at alpinebank.com.
*Alpine Bank Wealth Management services are not FDIC insured, may lose value and are not guaranteed by the bank.
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