October 20, 2020
Prime Rate

Posts in Featured Transactions

Essex Arranges $7.8MM in Financing for a Multi-Tenant Office Building

[Denver, June 29th, 2020]– Essex Financial Group (“Essex”) has secured $7,800,000 in financing for the Wheeler Block Building, a 33,125 square foot office building located in the Highlands neighborhood of Denver. Essex worked on behalf of the borrower, Centre Point Properties, to secure the 7-year, fixed-rate non-recourse loan. Constructed in 1892 and renovated in 2008, the Wheeler Block Building is a highly desirable small tenant office building and is a designated historic landmark of the City and County of Denver. The Property is currently 97.1% occupied by 23 tenants. The Building is brick and timber construction with historic architecture, and has an open, m...

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Essex Arranges $11.5M Financing for a Grocery-Anchored Retail Center During COVID-19

Denver, May 18, 2020 – Essex Financial Group (“Essex”) has secured $11.5 million in financing for Kent Place, a 48,175 SF grocery-anchored retail center in the Cherry Hills Village neighborhood of Denver. Essex worked on behalf of the borrower, Continuum Partners, to secure the 15-year, fixed rate non-recourse loan with a national life insurance company.Originally developed in 2011 in a joint venture partnership with Regency REIT, Kent Place sits adjacent to Cherry Hills Golf Club at the corner of University Blvd and Hamden Ave. The property is part of a 11.5 acre mixed-use development comprised of retail and 300 luxury apartment units, the Kent Place Residences. The f...

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