Denver Industrial

Denver Industrial

Dave O’Brien, Jay Richert, and Corey Knapp arranged financing for a purchase for two separate industrial office/warehouse buildings in Denver, CO. The loan amount is $4,750,000 for 10 years amortized over 25. The collateral has 108,476 of rentable square feet built in stages during 1970 and 1973.

The purchaser came with a large down payment and was able to lock a low rate with a corresponding life insurance company for 10 years.