It’s not the only property that developer Leon Cisneros lost to a lender recently.
It’s not the only property that developer Leon Cisneros lost to a lender recently.
The Pad, which went bankrupt in 2023, is now The Block. Little else has changed.
Four-story condos are going up at the entrance to Boulder Canyon.
Jared Leonard no longer owns the building where Campfire Lakewood operates, but says sales are stable across his four eateries.
“The most difficult part of this journey is knowing that things could have turned out so differently,” The Pad’s founders say.
Civic Center Plaza sold for $125 million in 2019.
“This bank was started in 1987 and this is the largest bad loan in the history of our bank,” said the lender pushing the sale.
The owner also has a downtown tower in foreclosure.
The buyer submitted a $11.2 million credit bid for a property that fetched $23 million in 2014.
Harlequin Plaza is 70 percent occupied. Bellco Credit Union, which is headquartered there, is pursuing a sublease deal.
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