Commercial Real Estate Direct Staff Report Life Insurance Co. of the Southwest has provided $37.1 million of mortgage financing against the 123-unit Ridian Apartments in Denver. The loan, which pays a floating-rate coupon, was arranged by JLL Capital Markets on ...
Denver Business Journal Calraya Residential has paid $46 million, or $232,323/unit, for Sofi Belmar, a 198-unit apartment property in Lakewood, Colo., about eight miles southwest of Denver. The Phoenix company acquired the property, at 823 South Vance St., from Pacific ...
Commercial Real Estate Direct Staff Report Jonathan Rose Cos. has paid $56 million, or $373,333/unit, for the 150-unit San Juan Del Centro Apartments in Boulder, Colo., a city that's 27 miles north of Denver. The New York investment manager acquired the property, at 3100 34th ...
Potomac Park, at 7901 South Potomac St. and 7955 South Potomac St., is 20 miles south of Denver and is 80% leased to four tenants.
Columbia Sussex funded its purchase, as well as a planned renovation of the property, with a $64.4 million loan from Huntington National Bank. That loan is classified as a construction mortgage in Arapahoe County, Colo., records. It was used to ...
The property is owned by a CMBS trust that held the loan, JPMorgan Chase Commercial Mortgage Securities Trust, 2013-LC11. It has been with special servicer Greystone Servicing Co. and its predecessor since 2020 as occupancy and cash flow dropped to ...
Denver Business Journal A venture of Mortenson Properties and Hyde Development has paid $48.2 million, or $180.85/sf, for Potomac Park, a two-building industrial property totaling 266,522 square feet in Englewood, Colo. Mortenson and Hyde, both of Minneapolis, acquired the property ...
Commercial Real Estate Direct Staff Report Columbia Sussex has paid $48.5 million, or $160,596/room, for the 302-room Inverness Denver Hilton hotel in Englewood, Colo., about 16 miles south of Denver. The Crestview Hills, Ky., hotel investor bought the property from ...
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