Essex is happy to announce a strong finish to a very difficult year. In the month of December 2020, Essex Financial Group closed five (5) transactions totaling $107 million. All five properties were located in the Denver-Boulder MSA and included both industrial and office properties. The closings featured insurance company and CMBS executions. One of the transactions was a non-recourse bridge loan from a life insurance company, a space where more and more insurance companies are trying to compete. We are encouraged by this activity in the capital markets and will continue being optimistic as we ring in the New Year. We would like to wish everyone a happy and healthy holiday season!
