April 27, 2024
Prime Rate
8.50%
5.19%
4.66%
3.85%
Photo of Baur's Building
Property Type
Office
Transaction Details

$2,520,000 Permanent
Life Insurance Company

Transaction Name
Baur's Building
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Transaction Details

Baur’s Building is a three story, brick and timber office building with ground floor retail in Downtown Denver, CO. The property is on the national and state Register of Historic Places, and is a Denver Landmark.

The Proposition

Essex was approached by its private capital client to arrange refinancing of the subject property.

Our Solution

Essex Financial arranged a non-recourse, 5-year permanent loan with a 25-year amortization from one of its key Life Insurance Company relationships.