The 318,000-square-foot complex is owned by Denver’s Sagard Real Estate, which bought it in July 2014.
South Broadway office loan sent to special servicer ahead of expected default
Thomas Gounley
Thomas covers commercial real estate and development. He is a graduate of the University of New Hampshire and previously worked as a business reporter at the Springfield News-Leader. Email him at [email protected].
Renovations beginning at ‘neglected’ National Western landmark building
“It’s not dissimilar, on a much smaller and limited scale, to Union Station,” an EXDO Development executive said.
Coworking firm gives up downtown building rather than face foreclosure
Expansive still owns two other area properties whose loans are in default.
REcolorado CEO, board members out as Realtor groups plan sale of company
In the wake of high-profile industry settlements over agent commissions, DMAR and SMDRA believe it’s the “right time” to sell.
Denver7 to begin airing from ‘the TV station of the future’ in RiNo
The station sold its property at Speer and Lincoln to a developer in 2021.
Downtown tower’s loan transferred to special servicer after default
The owner of 700 17th St. took out a $21 million loan in 2016 that matures in 2026.
Steve Leonard, real estate investor who profited after 1980s oil crash, dies at 69
He moved from California to Denver in 1989, then cashed out and returned within a decade. “Trees don’t grow to the sky,” he told the WSJ.
Year after $9M deal, Denver hotel bought for the homeless sits boarded up
City officials are unable to provide a timeline for occupancy of the furnished hotel.
Local firm defaults on $120M loan for massive suburban office park
Move over, Wells Fargo Center. The region’s largest distressed office property is in Lakewood.
Monfort, Historic Denver reach deal to preserve part of El Chapultepec building
The changes add $1 million to construction costs, Kenneth Monfort said.
