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Challenged Financing Climate Pushes Loan Backing Another Denver Office Tower Into Default

Overseas Investor Acquired 1670 Broadway Prior to Pandemic
An affiliate tied to Korea's Hana Financial Group paid nearly $240 million in mid-2018 to acquire the 1670 Broadway office tower in downtown Denver. (CoStar)
An affiliate tied to Korea's Hana Financial Group paid nearly $240 million in mid-2018 to acquire the 1670 Broadway office tower in downtown Denver. (CoStar)
CoStar News
December 7, 2023 | 10:37 P.M.

The loan on another standout on the downtown Denver skyline has run into trouble as office landlords across the country contend with an increasingly pressured market.

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