A Southern California investment manager is making good on a $1 billion plan to scoop up distressed office properties at steep discounts with its latest acquisition of a Denver tower previously on the fast track to foreclosure.
Cress Capital Leverages Denver Office Distress With Deal To Acquire Downtown Tower
Southern California Investment Manager Assumes Ownership Months After Purchasing Loan
By Katie Burke
CoStar News
May 6, 2024 | 8:16 P.M.
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IN THIS ARTICLE
- Properties
- The 410
410 17th St, Denver, CO
- Companies
- Rialto Capital Management
Finance and Insurance
- Ares Management Corp
Finance and Insurance