The company is looking for a 10-year mortgage for Republic Plaza, a 1.2 million-sf office building in downtown Denver. Brookfield recently placed a $156 million bridge loan on the property, which is 79 percent leased.
January 26, 2004 Ashford Hospitality Trust Inc. (NYSE:AHT) has acquired a $15 million junior participation in a $95 million first mortgage secured by the Adam's Mark Hotel complex in downtown Denver.Ashford acquired the loan from Wachovia Bank, which originated the ...
January 20, 2004 Rocky Mountain NewsHollard & Hart, Denver's largest law firm, has renewed and expanded its lease in the Qwest Tower, 555 17th St., to 141,000 square feet from 130,000 sf. The 12-year lease was the second-largest office lease ...
January 16, 2004 Denver PostConstruction of the 1,100-room Hyatt convention center hotel, expected to open in December 2005 in downtown Denver, is forcing the Denver Athletic Club to scale back plans to build a 500-room hotel on land across from ...
January 12, 2004 Rocky Mountain NewsThe mega-projects at Stapleton, Fitzsimons and Lowry in Denver form a triangle, which, when completed, will represent a $9.6 billion economic juggernaut that will create 70,000 jobs and house 55,000 people. Stapleton, the former airport ...
January 12, 2004 Denver Business JournalDenver Corporate Center I, an 11-story, 194,000-square-foot office building in the Denver Tech Center, sold for more than $17 million in the last week of 2003. The buyer of the building at 4700 S. Syracuse ...
January 8, 2004 Rocky Mountain NewsFred Kummer, president and CEO of Adam's Mark Hotels & Resorts, on Wednesday ended speculation that the 1,225-room Denver Adam's Mark hotel is being sold, as he unveiled plans for a multimillion-dollar renovation. For more ...
December 12, 2003 Rocky Mountain NewsDPC, based in Greenwood Village, paid a bargain $4.5 million, or $33.66/sf, for the 134,000-square-foot Corporate 25 building at 7200 S. Alton Way in Centennial. "It sets a new low-water mark for a sale," said ...
aka Park-Ridge Six building; Aurora Loan Services Inc., a subsidiary of Lehman Brothers, recently leased it
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