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$50M Financing Arranged for Luxury Denver MXU

Connect National Investment & Finance is just around the corner on October 18. You can find out more about the conference and register to join us on this link.

BMC Investments secured $50 million in financing for 210 St. Paul, the first phase of The St. Paul Collection, an iconic mid-rise, mixed-use residential and retail property in Denver’s Cherry Creek North neighborhood.

The St. Paul Collection is a two-phase development located at the intersection of St. Paul Street and 2nd Avenue. Completed in June, 210 St. Paul comprises 81 luxury residences in a mix of one, two and three-bedroom floor plans, as well as penthouses ranging in size from 770 to 2,800 square feet.  The property also includes 11,000 square feet of retail leased to CB2, Crate & Barrel’s fresh approach to furnishings and décor.

HFF’s Brock Yaffe worked on behalf of the borrower to arrange the 11-year, non-recourse, full-term, interest-only fixed-rate loan through Freddie Mac’s Lease-Up Loan Program. The loan will replace existing construction financing and will be serviced by HFF.


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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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