Shoddy work on a 7,200-square-foot Cherry Hills home, a $12.6 million default on an apartment building in west Denver, and more.
Shoddy work on a 7,200-square-foot Cherry Hills home, a $12.6 million default on an apartment building in west Denver, and more.
The 11 Parkway Drive property went under contract in 17 days.
The sellers paid $4.3 million for 18 Cherry Hills Park Drive in 2017.
Shaw Builders, which is being sued, says it is working to address the concerns.
A deal at that price would set a record for an on-market sale in the suburb.
Rick Schaden is also behind Tom’s Watch Bar, and aggressively grew Quiznos in the 1990s and 2000s.
Chuck McDaniel bought the property at 5 Walden Lane a decade ago for $3.9 million.
It’s the tony suburb’s second-most expensive home sale.
Properties in downtown Denver, Sedalia and Hilltop also made the list.
The buyer appears to be linked to a major local homebuilder.
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