Almost half a decade after issuing a $105 million construction loan, Southern California investment firm CIM Group is coming to collect by assuming ownership of a downtown Denver apartment tower it helped build.
CIM Group takes over Denver apartment tower after developer racks up millions in liens
Real estate firm assumes ownership over downtown property to recoup construction loan investment
By Katie Burke
CoStar News
November 13, 2024 | 10:17 P.M.
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IN THIS ARTICLE
- Properties
- Velaris Living
2130 Arapahoe St, Denver, CO
- X Denver 1.0
3100 Inca St, Denver, CO
- Lex at Lowry
240 Monaco Pky, Denver, CO
- Companies
- CIM Group, LP
Real Estate