54th Place Investments CEO Shane Richard Roybal takes a closer look at just some of the many challenges of selling a multi-million dollar home amid a global health crisis.
Amid unprecedented market conditions, industries across the board, both in the U.S. and overseas, have been hit hard in the grip of the continuing global coronavirus pandemic. The world of real estate has, according to expert Shane Richard Roybal, suffered especially hard in parts, with multi-million dollar homes posing a particularly tough sell in recent months as the virus has taken hold.
“There have been numerous challenges surrounding the sale of multi-million dollar homes during the pandemic we’ve experienced this year,” explains Shane Richard Roybal, CEO of 54th Place Investments, a leading full-service design and build firm based just outside of Denver, Colorado.
The first challenge within real estate
equitynet.com/c/shayne-roybal says, has been uncertainty in the market. “Uncertain market conditions are rarely a good thing within real estate,” he explains, “and the resulting conditions, particularly in terms of finances, stemming from the ongoing global coronavirus pandemic, have been no exception.”
Social distancing measures have also hindered sales across the board, including the sale of multi-million dollar homes, throughout the pandemic, 54th Place Investments CEO Shane Richard Roybal says. “With in-person showings banned, there’s been a switch to virtual tours,” he explains, “with FaceTime and other technologies also being used to market and sell homes.”
It is, perhaps, however, a decline in stock holdings, coupled with tighter lending standards for large mortgages, that have hit the sale of multi-million dollar homes, in particular, the hardest, expert Shane Richard Roybal suggests. This year’s unusual—and complicated—market conditions have affected buyers, sellers, and developers alike, he reports.
Yet despite adversity in the market, business at 54th Place Investments continues to go from strength to strength. The Denver-based company recently joined forces with Superior Image Construction and is now regarded as one of the Midwest’s top modern home developers, according to Shane Richard Roybal.
In fact, in July, Shane Richard Roybal and 54th Place Investments secured a record $2 million sale price for a new-build home in Denver’s thriving Sloan’s Lake neighborhood. The firm and its CEO also recently announced news of a second new project in the neighborhood, now available for presale. With excellent transport links to the bustling heart of the city of Denver and beyond, luxury homes in Sloan’s Lake—many of which boast both mountain and downtown views—have never been in higher demand, Shane Richard Roybal reports.
Designed in the much-sought-after Scandinavian-style, the latest Sloan’s Lake property from 54th Place Investments promises a sleek and modern look that’s both cool and contemporary, as well as inviting.
Denver-based 54th Place Investments CEO Shane Richard Roybal showcases the firm’s latest Sloan’s Lake neighborhood project.
After achieving a record $2 million sale price for a custom new-build home in the neighborhood, Shane Richard Roybal and 54th Place Investments have returned to Denver’s Sloan’s Lake to undertake a stunning Scandinavian-style project that’s now available for presale.
Scandinavian-style design is celebrated for its minimalism – blending textures and soft, stylish hues to create a sleek and modern look that’s both cool and contemporary, as well as inviting. “Scandinavian-style design emphasizes clean lines,” explains 54th Place Investments CEO Shane Richard Roybal, “combined with simple but luxurious fixtures, fittings, and furnishings which are incredibly stylish, beautiful, and, at the same time, highly functional.”
Shane Richard Roybal’s latest stunning Scandinavian-style project, it’s reported, will also borrow from the popular hygge ethos – a predominantly Danish and Norwegian concept which promises a sense of coziness and comfortable conviviality combined with feelings of wellness and contentment.
“At 54th Place Investments, we sell a style; a modern vision,” says Shane Richard Roybal, “be that Scandinavian or otherwise.”
Established by Shane Richard Roybal just a few miles from downtown Denver, Colorado, in 2014, 54th Place Investments is now considered among the Front Range region’s premier new home developers. The firm is widely praised for its unique designs and exceptional levels of quality.
Shane Richard Roybal‘s Scandinavian-style modern home in Sloan’s Lake isn’t the 54th Place Investments CEO’s first project in the neighborhood. Shane Richard Roybal and 54th Place Investments recently succeeded in securing $2 million for their Sloan’s Lake neighborhood property at 2500 Xavier Street. Boasting five bedrooms and seven bathrooms spread across more than 4,200 square feet of luxury living space, the custom new-build home was snapped up by a delighted buyer at the end of July, Shane Richard Roybal reports.
Shane Richard Roybal’s latest property spans 5,485 square feet of luxury living and entertainment space boasting modern, clean lines and natural, organic details.
The Scandinavian-style home promises a wealth of custom details, entertainment and media options, designer upgrades, and luxury appliances, plus a variety of security and automation features.
According to Shane Richard Roybal, custom details include a natural white stone fireplace, European-style frameless cabinets throughout, an outdoor kitchen and fire pit, and a butler’s pantry. Luxury appliances, meanwhile, he says, are set to include a Thermador package with panel-ready freezer and fridge columns, panel-ready dishwasher, built-in coffee maker, and a 48-inch dual oven range.
“Technology from industry leaders Total Control Automation will also allow the proud new owners to control everything from their media and audio devices to the property’s lighting and alarm systems,” adds the 54th Place Investments CEO.
With excellent transport links to the bustling heart of the city of Denver and beyond, much of the neighborhood of Sloan’s Lake boasts both mountain and downtown views. The neighborhood has undergone rapid gentrification in recent years and now enjoys a variety of housing stock ranging from attractive 1920s brick bungalows to ultra-modern homes, as designed by Shane Richard Roybal and his team.
Denver-based 54th Place Investments CEO Shane Richard Roybal joins forces with Superior Image Construction to offer unrivaled excellence in design-build services to the Denver-Metropolitan area
Regarded as one of the Midwest’s top modern home developers, 54th Place Investments expands the partnership with Superior Image Construction to form the bustling Colorado capital of Denver’s premier design-build firm. The 54th Place Investments and Superior Image Construction team, who have worked conjointly over the past four years, have announced the team to extend services to the greater Denver public, a fitting transition from the previous approach of primarily privately-funded semi-custom spec home development. Earlier this summer, in late July, the enterprise’s team made the news after achieving a record-breaking $2,000,000 sale price for a stunning custom new-build home in the popular neighborhood of Sloan’s Lake – just one of a number of recent successes for the company under founder and CEO Shane Richard Roybal.
Now considered the area’s premier new home developer, Shane Richard Roybal‘s 54th Place Investments’ projects are widely praised for their unique designs and exceptional quality standards, attracting everyone from investors and home-buyers to those clients with the vision of the perfect custom home, according to the company’s CEO.
Indeed, under Shane Richard Roybal, 54th Place Investments recently sold a stunning five-bedroom, seven-bathroom, 4,200-square-foot custom new-build home in the sought-after Denver neighborhood of Sloan’s Lake for $2,000,000. The July 27 sale, Roybal says, represents a record for the area, just 10 minutes from the 54th Place Investments CEO’s office in Wheat Ridge.
The sale comes as Shane Richard Roybal of 54th Place Investments partners with leading local building firm, Superior Image Construction, who for more than a decade, have built custom homes throughout Colorado. “Whether our clients have reimagined their perfect space and are seeking design-build services to bring that vision to life, or have plans to design their dream house, we consider ourselves a one-stop-shop for architecture, custom construction, and interior design services, ” says 54th Place Investments founder Shane Richard Roybal. “We specialize in designing homes that are uniquely-modern, purposeful, and inspiring.”
Together, Shane Richard Roybal of 54th Place Investments, and Superior Image Construction, promise a full-service stop for design and build services, according to the CEO. “We offer a broad depth of knowledge and expertise, specializing in the Denver Metropolitan Area’s luxury residential market,” he explains. “We design, build, buy, and fund both single-family and multi-family properties,” Roybal goes on, “producing exceptional and original projects while yielding incredible returns.”
Involved in real estate and construction since 2005, Shane Richard Roybal established 54th Place Investments in 2014. The firm’s CEO holds a bachelor’s degree in civil engineering from the University of Colorado in Boulder. During his time at the public research university—the University of Colorado system’s flagship—Roybal also simultaneously led, as President, a pair of popular engineering societies at the institution.
“The real estate market in Denver is flourishing, with modern renovations and new-builds alike appearing all over the city,” suggests the expert. “My goal, and the goal of 54th Place Investments in partnership with Superior Image Construction,” adds Shane Richard Roybal “is to work with clients in any facet of design and build services, to realize their vision, whether that be designing their dream house or building a multi-family gem in a thriving Denver neighborhood. We provide our clients with a comprehensive project estimation as well as dedicated project management services to complete build projects on-budget, as we believe an impeccable level of service is equally important to our pursuance of beauty.”