big-1

Denver CBD Office

$1000
Closed
  • Category : Business
  • Shipping Cost : $100
  • Start Date : 12 Oct, 2021 12:00 PM
  • End Date : 13 Oct, 2021 12:00 PM
  • Delivery Time : Day
Price Bid Time User

Features

Property Type : Business
Year Built : 1990
Number of Floors : 15
Land Area : 775,000 Sq Ft
Asset Type : Office Type

On Map

Overview

Opportunity to Acquire a Nonperforming Mezzanine Loan with Optionality - The offering provides investors with the rare opportunity to acquire a $17,600,000 nonperforming mezzanine loan secured by institutional office towers centrally located in downtown Denver at a highly attractive basis. A loan purchaser may exercise the mezzanine lender’s rights to pursue a path to title.

Institutional Quality CBD High-Rise Buildings / Credit Tenancy - The class “A” high-rise buildings encompass of over 775,000 NRSF and were designed with efficient floorplates, updated entrance lobbies, an attractive landscaped plaza and secure subterranean parking. As of July 2021 the buildings were approximately 49% leased with significant credit tenancy.

Tags: Office Nonperforming