The owner of Cherry Creek Plaza I and II bought them in March 2020.
The owner of Cherry Creek Plaza I and II bought them in March 2020.
The owner bought it for $420,000 in 2012, then took out $4 million in loans on it between 2018 and 2022.
We scoured county foreclosure records, third-party reports and court filings to determine the downtown buildings that have run into trouble since the pandemic.
A receiver was appointed to oversee the building last month.
The project has not broken ground, but the owner is wrapping up construction of a separate hotel next door.
Developers, including Donald Trump in the mid-2000s, have for years floated the notion of a tower on the adjacent parking lot.
The Solarium building has been in receivership since January.
Does Oluwole Jolaoso regret paying $3.7 million for the 19,000-square-foot home in Foxfield? “Of course I do.”
Bahman Shafa’s firm has failed to turn over tenant security deposits, a new lawsuit claims.
Trinity Place is the third downtown office tower to enter foreclosure since the pandemic began.
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