Fortress Capital’s takeover follows years of court battles with Nelson Partners.
Bankrupt Auraria Student Lofts goes back to lender Fortress
Foreclosures
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.
Downtown’s 700 17th office tower enters foreclosure
It’s the fourth downtown office building to enter foreclosure since the pandemic.
RiNo bar property enters foreclosure
The building is leased to RiNo Country Club, a bar with an outdoor mini golf course.
Lender can foreclose on bankrupt Auraria Student Lofts downtown, judge rules
A bankruptcy case complicated Fortress Capital’s previous efforts to take over 1051 14th St.
Coworking firm gives up downtown building rather than face foreclosure
Expansive still owns two other area properties whose loans are in default.
Hotel near DIA in foreclosure after $5M loan default
The owner of the Ramada purchased it for $3.1 million in 2001.
Pair of Glendale office buildings enter foreclosure
The owner of Cherry Creek Plaza I and II bought them in March 2020.
Industrial building next to RiNo office project enters foreclosure
The owner bought it for $420,000 in 2012, then took out $4 million in loans on it between 2018 and 2022.
Troubled towers: Breaking down Denver’s distressed office properties
We scoured county foreclosure records, third-party reports and court filings to determine the downtown buildings that have run into trouble since the pandemic.
