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$110M Financing Arranged for Downtown Denver MXU

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Denver-based Continuum Partners, LLC secured $110 million financing for A Block, a 310,055-square-foot mixed-use development in downtown Denver. The asset includes the 200-key Kimpton Hotel Born; a 54,976-square-foot, Class A office building; and a 197-space parking garage.

HFF placed the floating-rate loan with a national bank, and loan proceeds will be used to retire the existing construction financing, which was also placed by HFF in 2015.

Completed in 2017, the two separate components include the 12-story Hotel Born and a five-story office and retail component. The hotel features 13,937 square feet of flexible meeting space, ground-floor retail and two food and beverage options. The 100%-occupied office building also contains 7,929 square feet of ground-floor retail leased to national tenants.

Situated on .893 acres at 1600 Wewatta St. (hotel) and 1881 16th St. (office), the property sits on a rail platform at the heart of the Denver Union Station urban redevelopment project.

HFF’s debt placement team included Eric Tupler, Leon McBroom and Tyler Dumon.


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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