“It just got caught in a combination of a hurricane, a cyclone and a tornado — all three combined,” said the building’s developer.
Thomas Gounley
Lender seeks receiver for downtown office tower
700 17th St.’s local owner defaulted on its 10-year loan earlier this year.
Unico defaults on DTC office building
The complex’s largest tenant is Bellco Credit Union, which has its headquarters there.
‘A jewelry box’: Mainspring finishing midcentury Uptown office renovation
Standing outside the Uptown office building her firm has been renovating, Fiona Arnold notes the white paint, and the gold rings that are being installed across the exterior. “I think the whole thing is going to look like a jewelry box up here on the hill,” she said. The Denver-based development firm Arnold founder, Mainspring,… Read more »
South Broadway office loan sent to special servicer ahead of expected default
The 318,000-square-foot complex is owned by Denver’s Sagard Real Estate, which bought it in July 2014.
Renovations beginning at ‘neglected’ National Western landmark building
“It’s not dissimilar, on a much smaller and limited scale, to Union Station,” an EXDO Development executive said.
Coworking firm gives up downtown building rather than face foreclosure
Expansive still owns two other area properties whose loans are in default.
REcolorado CEO, board members out as Realtor groups plan sale of company
In the wake of high-profile industry settlements over agent commissions, DMAR and SMDRA believe it’s the “right time” to sell.
Denver7 to begin airing from ‘the TV station of the future’ in RiNo
The station sold its property at Speer and Lincoln to a developer in 2021.
Downtown tower’s loan transferred to special servicer after default
The owner of 700 17th St. took out a $21 million loan in 2016 that matures in 2026.