Bahman Shafa’s firm has failed to turn over tenant security deposits, a new lawsuit claims.
Foreclosures
Coworking chain expects to give downtown tower back to lender
Trinity Place is the third downtown office tower to enter foreclosure since the pandemic began.
Lender submits sole foreclosure bid for Focus office complex in DTC
The local firm bought the property literally weeks before the onset of COVID-19.
Veteran broker: Some older downtown office buildings likely need to be demoed
Evan Makovsky, co-founder of NAI Shames Makovsky, made the comment at BusinessDen’s “The Future of Downtown” event, presented by Brownstein.
Developers win another court case over resident-run metro district
In Granby, 30 months of litigation ends in a pricey loss for homeowners.
Von Miller foreclosing on new owner of mansion near Broncos HQ
The buyer claims the linebacker didn’t deliver the home in the agreed-upon condition.
Lender owed $100M foreclosing on downtown Denver office tower
The building, just 37 percent leased according to CoStar, recently lost law firm Brownstein Hyatt as a tenant.
Lender owed $35M to foreclose on coworking firm’s downtown building
Expansive differs from most other coworking companies in that it owns its real estate.
Lender renews bid to foreclose on bankrupt downtown apartments
Auraria Student Lofts, which stretches 14 stories atop a hotel, sold for $56 million in 2019 and went bankrupt in 2022.
Mezzanine lender initiates foreclosure on Union Station hotel owner
The Hilton Garden Inn at 1999 Chestnut Place was poised for new ownership as of last week, although the current owner says a planned auction won’t be held.