“The most difficult part of this journey is knowing that things could have turned out so differently,” The Pad’s founders say.
Foreclosures
Owner gives downtown Denver office tower to lender
Civic Center Plaza sold for $125 million in 2019.
Bankruptcy blocks sale of Hilton project in Thornton after judge refuses to
“This bank was started in 1987 and this is the largest bad loan in the history of our bank,” said the lender pushing the sale.
Three in a row: Another office building along DTC corridor enters foreclosure
The owner also has a downtown tower in foreclosure.
Trust that bought loan forecloses on DTC office
The buyer submitted a $11.2 million credit bid for a property that fetched $23 million in 2014.
Lender owed $28M initiates foreclosure on Unico DTC office building
Harlequin Plaza is 70 percent occupied. Bellco Credit Union, which is headquartered there, is pursuing a sublease deal.
$20M loan on DTC office building in foreclosure sells
The Solarium building is owned by an Austin-based firm.
Lender takes DTC office building through foreclosure auction
America’s Capital Partners still owns the nearby Tuscany Plaza building.
Bankrupt Auraria Student Lofts goes back to lender Fortress
Fortress Capital’s takeover follows years of court battles with Nelson Partners.
Pair of West Colfax development sites enter foreclosure for second time this year
“This project had been on a pause over the last six to eight months and during that time we did fall behind,” Flywheel Capital founder Ben Hrouda said.