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September 26.2025
2 Minutes Read

Why Allen Vellone's Transition to Michael Best is Revolutionary for Denver Law

Office wall displaying Allen Vellone Denver law firm sign.

Allen Vellone's Legacy: A New Chapter Begins

After four decades of serving Denver's legal community from the historic 1600 Stout Street address, Allen Vellone's law firm is embarking on an exciting transition to join the national firm Michael Best. This strategic move, which will bring 15 attorneys and 11 staff members into Michael Best's nearly 25,000 square feet at Block 162, marks a significant shift in the local legal landscape.

Pat Vellone, who started his career at Allen Vellone just after graduating from the University of Colorado in 1985, reflected on the bittersweet nature of this change. “It’s exciting but it’s also hard to let go of a place that has become family,” he shared during an emotional farewell. The transition represents not only a new physical space but also a merging of cultures, as concerns about fitting into a larger corporate structure lingered among long-time staff.

The Dynamic Landscape of Denver Law Firms

The move comes at a time when many local firms face consolidation, as seen with notable firms like Sherman & Howard and Moye White falling into larger legal outfits. Jordan Factor, a partner at Allen Vellone, commented on the competitive environment in Denver, where national firms dominate and can make acquiring top talent more challenging. “Being part of a larger entity will allow us to offer broader services and attract more clients,” he noted.

Embracing Change for Future Growth

Change, while often daunting, can lead to newfound opportunities. While staff did voice apprehensions regarding the high-pressure reputation of major law firms, the announcement of the merger was met with support, as Vellone guided his employees through the motivations behind the move. “It’s about ensuring that we’re positioned well for the future,” he explained. Joining Michael Best could provide the tools and networking needed to enhance their legal practice.

A Chance to Thrive

This transition marks not only a significant change for Allen Vellone's team but also an opportunity to revitalize and expand their practice in the face of evolving market dynamics. As they prepare to settle into their new home, there’s a palpable sense of optimism about what the future holds for this newly combined legal team.

For families and business owners in Denver, staying informed about such shifts in the local business landscape is crucial for making strategic decisions. As the legal environment changes, so too do the resources available to the community.

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09.27.2025

Denver's Historic El Jebel Shrine Building Faces Auction: What You Need to Know

Update Denver's Landmark El Jebel Shrine Building Set for AuctionThe historic El Jebel Shrine building, a prominent fixture in Denver's Uptown neighborhood since its completion in 1906, is heading to auction. A recent ruling by Denver District Court Judge A. Bruce Jones paved the way for the property, located at 1770 Sherman St., to be sold through the Crexi platform due to significant unpaid property taxes and chronic maintenance neglect.This five-story structure, originally built by the Shriners as a meeting hall, boasts a substantial size of 46,000 square feet. Over the years, it has become synonymous with the city's cultural heritage, holding a conservation easement that safeguards both its exterior and interior, thanks to Historic Denver — a local nonprofit dedicated to preserving the city’s landmarks.Challenges Faced by Current OwnersSince 2016, ownership of the El Jebel Shrine has been under the management of attorney Robert Lubin and his affiliates, who acquired it for $12.4 million. Their purchase was funded through EB-5 investors, allowing foreign nationals to secure U.S. green cards via job-creating investments. However, the building fell into foreclosure earlier this year following a series of financial missteps, including a reported $8.1 million loan from Fairbridge Strategic Capital.The Path Ahead: Seeking New OwnershipAs the auction approaches, the property is currently leased by Non Plus Ultra, which offers it as an event venue. However, operational challenges, such as a malfunctioning elevator, have hindered full utilization. The upcoming auction may also attract particular interest from developers eyeing the adjoining parking lot, which has had previous interest from various investors over the past two decades.Implications for Denver's Real Estate LandscapePotential buyers will consider not just the historic Shrine itself, but also the property's significance in Denver's real estate market. With rising property values and demand for unique venues, the upcoming auction presents a significant opportunity for those looking to capitalize on this famous landmark. The eventual buyer will hold a unique position—to either rehabilitate a cherished piece of history or explore new development pathways in a continually evolving neighborhood.

09.27.2025

Dealin' Doug's Cherry Hills Mansion Sells for $6.4 Million: Market Insights

Update Dealin' Doug's High-Stakes Real Estate GambleIn a surprising turn of events, Dealin' Doug Moreland, a familiar name in the Denver real estate scene, recently sold a mansion in Cherry Hills Village for $6.4 million, a significant dip from the original asking price of $7.7 million. This sale highlights the dynamic nature of luxury real estate in Denver, where market conditions can shift rapidly.The Mansion's Lavish SpecificationsLocated at 5 Mockingbird Lane, the 15,500-square-foot mansion boasts seven bedrooms and ten bathrooms, all set within a sprawling two-acre lot. This property features a guest house, a gourmet kitchen with dual granite islands, and an expansive basement complete with a gym, wine cellar, and media room. Outside, the estate showcases a luxurious pool, outdoor kitchen, and multiple fireplaces, making it appealing to potential buyers looking for both luxury and entertainment space.The Twists of OwnershipMoreland's acquisition of this property stemmed from his previous business dealings with former Denver Broncos backup quarterback Preston Parsons. After Parsons failed to repay a loan he secured to purchase the mansion back in 2017 for $5.1 million, he ultimately went through bankruptcy proceedings. Moreland used this opportunity to consolidate and take ownership of the home, indicating a risk and reward strategy that is often seen in high-stakes real estate transactions.Market Insights: What’s Driving Home Sales?This sale comes amid shifting interest rates and evolving market demand in Denver's luxury sector. While the mansion's original price was lofty, strategic pricing adjustments by Moreland helped attract a buyer. “It ultimately comes down to a buyer’s tastes,” Moreland stated, encapsulating the uncertainty many sellers face in today's market.Expert Perspectives on Cherry Hills Village Luxury Real EstateReal estate agents familiar with the area, like Delroy Gill of LIV Sotheby’s International Realty, note that high-quality homes such as this one often struggle to remain on the market for long. They emphasize that the mansion's quality build—with limestone columns and detailed millwork—adds value that may not be easily replicated at its sale price. Gill represented both Moreland and the La Rocca Revocable Trust in the transaction, showcasing the competitive nature of luxury listings.Future Directions: What’s Next for Cherry Hills Village?As Cherry Hills Village continues to attract affluent buyers, the demand and pricing trends will likely remain in flux. Homeowners in this niche market may want to stay updated on market dynamics, adjusting their strategies accordingly if they consider selling or investing. In light of the recent sale, they may also see the wisdom in seeking professional advice, especially with complications that can arise from existing liens and potential foreclosures.Understanding these nuances can make a significant difference in both home buying and selling experiences. While luxury properties can attract premium prices, the realities of the market condition often mean that sellers need to be flexible and responsive to the preferences of a discerning buyer base.The future of the Denver business scene, particularly in luxury real estate, appears promising but requires careful navigation. For parents, singles, and homeowners aiming to invest in their properties wisely, paying attention to market trends is crucial.

09.27.2025

El Jebel Shrine Auction: Insights into Denver's Historic Real Estate Market

Update Uptown’s Historic El Jebel Shrine Set for Auction: What You Need to KnowThe iconic El Jebel Shrine building, a landmark in Uptown Denver, is poised to hit the auction block, stirring interest among parents, singles, and homeowners who may see potential in this piece of history. The five-story structure, which was originally built in 1906 by the local Shriners organization as a meeting hall, spans 46,000 square feet. Prominent in the community, it stands as a testament to Denver's historical architecture.Understanding the Auction ProcessFollowing a Denver District Court approval by Judge A. Bruce Jones, the auction will take place through the real estate platform Crexi. The decision comes as a result of ongoing financial conflicts surrounding the property's ownership and unpaid taxes — a clear signal of deeper economic issues at play not only for the building but for local businesses as well. Since 2016, the El Jebel Shrine has been owned by LLCs managed by Robert Lubin, whose acquisition was funded by foreign EB-5 investors. However, after falling into foreclosure in spring 2024, a receiver was appointed to manage the property’s future.A Building with a LegacyPart of the charm of the El Jebel Shrine is its preservation status; Historic Denver holds a conservation easement over the building. This means its architectural integrity must be upheld, which might attract buyers interested in maintaining the heritage value as well as its commercial viability. The building is currently rented out by a company, Non Plus Ultra, for various events, although operations have faced challenges due to an inoperable elevator. The auction of the building includes the adjacent parking lot, which has long been a subject of interest for potential developers, including a former bid from Donald Trump.The Broader Significance for Denver’s Real EstateThe pending auction reflects wider trends in Denver’s real estate market. The El Jebel Shrine’s struggle with foreclosure and the subsequent push towards auctioning highlight difficulties that may resonate with other local businesses. As residents, families, and potential investors watch closely, the implications of this sale extend beyond the building itself. They could signal shifts in how Denver approaches urban development, historical preservation, and investment strategies in the wake of economic pressures.Moving Forward: What This Means for Homeowners and InvestersFor homeowners and prospective buyers, the fate of the El Jebel Shrine could mark an important turning point. But it also carries risks and uncertainties — potential buyers will need to weigh the financial obligations attached to the property, including the historical conservation requirements. Additionally, with Denver's housing market ever-evolving, there are opportunities on the horizon for those considering investment in local real estate, especially concerning properties with distinct histories like that of the El Jebel Shrine.The auction date has not yet been confirmed, but interested parties and members of the community are encouraged to stay informed as developments arise. For those looking to understand the implications of this auction, staying updated on Denver business news will provide important context on the future of local real estate dynamics.

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