Legal & Courts  August 29, 2022

Lender seeks return of $3M loan extended to builder of smart homes

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FORT COLLINS — A company formed in 2020 to build responsive, smart homes that come with an electric vehicle has been sued by its lender for nonpayment on a $3.1 million loan.

Catalyst Responsive and Miriam Stern were sued by Construction Loan Services II LLC, a Washington company that acts as the agent for Builders Capital Finance LLC, also Washington-based.

Catalyst Responsive lists an address of 145 N. College in the Opera Galleria building. A message left there was not returned. Its website shows a forward looking, futuristic approach to home construction using technology that responds to weather conditions for energy…

Ken Amundson retired from his position as managing editor of BizWest in May 2024 but has come back on a limited basis to report business news in Northern Colorado and the Boulder Valley. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes north of Denver. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Categories: Legal & Courts Fort Collins Today's News

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