Aspen Reports $43 million Real Estate Sale

$43 Million Estate Sells in Aspen, Colorado (Joshua & Co. | News Release)
July 13, 2009 – Joshua & Co., the exclusive Aspen affiliate of Christie’s Great Estates, announces the closing today of a real estate transaction valued at $43,000,000.   The property is located at the base of Red Mountain on Willoughby Way, one of Aspen’s most prestigious neighborhoods. Joshua Saslove, president and founder of Joshua & Co., represented the Seller; Newton Bartley, also of Joshua & Co., represented the purchaser. The Seller was represented by the law firm of Krabacher & Sanders P.C. by Joe Krabacher.  The Buyer was represented by the law firm of Garfield & Hecht P.C. by Chris LaCroix.  Title Company of the Rockies was the escrow agent for the transaction.  This represents the largest single family residence sale in the United States for 2009 and one of the largest on record for the state of Colorado.  Other noted sales by Joshua & Co include the sale of the Historic Hotel Jerome in downtown Aspen in 2007 for $55,000,000, Mandalay Ranch in 2004 for $46,000,000 and Crystal Island Ranch in 2006 for $47,000,000.  Garfield & Hecht, P.C. also represented the Seller of Mandalay Ranch and one of the largest investors in the Hotel Jerome transaction.