Phoenix & Southwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
JLL Arranges $125M Financing for The Quincy in Denver
JLL Capital Markets arranged $125 million in financing for The Quincy, a newly constructed, Class A, 359-unit, high-rise residential tower located in the heart of downtown Denver. The borrower was a joint venture between 1776 Curtis, LLC and Pacific Life Insurance Company.
The Quincy is located at the intersection of Curtis and 17th Streets, near the 16th Street Mall and the light rail. Completed in 2018, the 28-story building is within walking distance to more than 12.5 million square feet of office space. The Quincy also includes a seven-level parking garage totaling 533 spaces and 10,135 square feet of ground-floor retail.
Units feature high-end finishes such as stainless steel appliances, slab granite countertops, contemporary backsplashes, solid wood cabinetry, wood-style flooring, walk-in closets, front-loading washers and dryers, and keyless entry.
JLL’s Eric Tupler and Kristian Lichtenfels secured the 10-year, 3.4%, fixed-rate loan with a correspondent life insurance company lender. Loan proceeds were used to refinance the borrower’s construction loan.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Development
