Our team at CBZ Management is your leading provider of quality rental apartments across the state of Colorado.
Oct 22 • 7 tweets • 5 min read
When gangs and illegal tenants began taking over our properties in Aurora, CO, we repeatedly asked the authorities for help. Instead of supporting us, they turned against us. One tactic they used was hitting us with constant code violations, which we’ll now explain.🧵
The more we asked for help, the more we were blamed and targeted.
Why?
There are two possibilities:
either these violations were somehow serious enough to cause a gang takeover (which is clearly absurd),
or they were just a distraction from the real issue.
Oct 15 • 16 tweets • 8 min read
The situation in Aurora, CO has gained attention, as gangs and illegal immigrants have taken control of our properties. However, the larger issue is that the government not only ignored the crisis but also scapegoated us to avoid accountability. 🧵
Where we stand now:
Two of our properties in Aurora, CO remain under gang control. By "gang control," we mean that most or all of the rental income is diverted to a criminal enterprise comprised of gang members and illegal immigrants instead of the rightful property owners. A third building was shut down by the city for "code violations." Let's take a closer look at these so-called violations.
Oct 11 • 9 tweets • 5 min read
Gangs have taken control of several of our properties in Aurora, Colorado.
In an attempt to discredit this fact for political purposes and avoid governmental accountability, some have spread false information about our situation. Let’s set the record straight...🧵
We started managing these buildings when new owners acquired the Colorado properties in 2019. At the time, the properties were in poor condition, and our mission was to renovate them, thereby increasing their value. This was an ambitious project that would significantly benefit the people of Aurora while providing returns to the new owners.
We understood this project would take years to yield results and would be both time-consuming and costly, involving comprehensive upgrades to every unit and the overall structure. To manage the project effectively, given our New York-based operations, our representative moved to Colorado with his family.
We also undertook a complete renovation of nearly every unit in the now well-known building you’ve seen in the news. (The images shown depict our newly renovated apartments.)
Everything was progressing smoothly: property values were rising, and vacancy rates were dropping. It was a win-win for both the owners and the city of Aurora.
