The list of creditors, primarily individuals and couples, runs for hundreds of pages. The company advertised heavily on local TV.
Bankrupt timeshare windup firm to liquidate; owes $25M
Thomas Gounley
Thomas covers commercial real estate and development. He is a graduate of the University of New Hampshire and previously worked as a business reporter at the Springfield News-Leader. Email him at thomas@BusinessDen.com.
Two-year-old Parker hotel files for bankruptcy, citing pandemic and water damage
The debtor hopes to obtain financing to pay off a bank and will sell Ascent on Main if that plan fails, documents state.
Lease lawsuits between Ken Wolf, RiNo landlord Edens dismissed
The dispute became highly public over the summer when Wolf posted notices at the businesses telling Edens staff to keep out.
Apartment developer pays $10M for RiNo industrial site
At the same time, Cypress Real Estate Advisors appears to have cooled on redeveloping a property in Baker.
Redevelopment plans submitted for Cherry Creek retail property that fetched $9M
Tenants include Element79 Contemporary Jewelry, Grind Kitchen + Watering Hole and Tazu Sushi.
New South Broadway apartment complex sells for $108M
The deal works out to about $455,000 a unit, not factoring in the building’s retail space.
Unico pays $85M for two LoDo office properties
The building at 1755 Blake St. sold for $61.2 million and the office component at 1515 Wazee St. for $24.3 million, making the deal worth $494 a square foot.
Griffis pays $229M for apartment complexes in LoDo, Cheesman Park
It’s the second sale since completion for the 10-story, 285-unit Verve, and the first for the seven-story, 156-unit Amaranth.
6-acre site at edge of RiNo hits market
The Wynkoop Street property is zoned for up to 12 stories if a development meets income-restricted housing requirements.
Cherry Creek office building changes hands for $108M
The seven-story building is 117,235 square feet, making the sale worth $921 a square foot — a new record high for office space in Denver.
