Many landlords looking to attract prospective tenants and keep existing ones turn to loans in order to finance their various capital improvement programs or refinance prior acquisition loans. Yardi Matrix has compiled a list of the most active lenders in Denver, with a focus on total loan amounts originated for office properties in the previous year.<\/p>\n
10. Securian Financial Group<\/h2>\n![\"Aurora](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Aurora-Marketplace-3025-S.-Parker-Road.jpg\")
<\/a>Aurora Marketplace – 3025 S. Parker Road<\/p><\/div>\n
Founded in 1880 and based in St. Paul, Minn., the financial group originated a $25 million portfolio loan for Menashe Properties\u2019 approximately 570,000-square-foot Aurora Marketplace office complex. Located in Aurora, Colo., the portfolio includes six properties acquired by Menashe in December 2016. The mortgage carries a seven-year term and is set to mature in September 2024.<\/p>\n
9. FirstBank (Lakewood, CO)<\/h2>\n![\"1090](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1090-West-Hampden-Avenue.jpg\")
<\/a>1090 W. Hampden Ave.<\/p><\/div>\n
Colorado\u2019s second-largest bank by deposits provided five loans for office properties totaling roughly 435,000 square feet. Amounting to $34.4 million, the mortgages financed properties built between 1982 and 2001. The largest asset of the group, Ogilvie Properties\u2019 single-story structure located at 1090 W. Hampden Ave. in Englewood, Colo., used to be an industrial facility until being transformed into an office building in 2001.<\/p>\n
8. Barings<\/h2>\n![\"The](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/The-Campus-at-Longmont-1375-2101-Ken-Pratt-Blvd-1823-1833-Sunset-Place-2120-2150-Miller-Drive.jpg\")
<\/a>The Campus at Longmont<\/p><\/div>\n
The global financial services firm is the result of the 2016 merger of MassMutual\u2019s four affiliates<\/a>: Barings Asset Management, Babson Capital Management, Wood Creek Capital Management and Cornerstone Real Estate Advisers. In 2017, the asset management giant funded Balfour Pacific\u2019s seven-property portfolio purchase with $65 million in acquisition financing. The loan is scheduled to expire in June 2021.<\/p>\n7. JPMorgan Chase<\/h2>\n![\"Diamond](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Diamond-Hill-Office-Complex.jpg\")
<\/a>Diamond Hill Office Complex<\/p><\/div>\n
The largest bank in the U.S., JP Morgan Chase originated more than $80.6 million in financing last year for six assets comprising almost 1.1 million square feet spread out in the metro area. The largest loan totaled $32 million and financed Gemini Rosemont\u2019s Diamond Hill Office Complex located at 2490 W. 26th<\/sup> Ave. in Denver. The mortgage carries a five-year term and is scheduled to mature in April 2022.<\/p>\n6. Bellco Credit Union<\/h2>\n![\"Fiddlers](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Fiddlers-Green-Center-I.jpg\")
<\/a>Fiddlers Green Center I<\/p><\/div>\n
Founded in 1936 and headquartered in Greenwood Village, Colo., the credit union financed four office assets with a total loan amount of $47.9 million in 2017. Encompassing roughly 627,000 square feet, the properties are mostly located in Greenwood Village. The most notable mortgage is the $66 million portfolio loan provided for John Madden Co.\u2019s Fiddlers Green Center<\/a>, a two-building office complex delivered between 1998 and 2000.<\/p>\n5. Goldman Sachs<\/h2>\n![\"CH2M](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/CH2M-Hill-Campus-West-Building.jpg\")
<\/a>CH2M Hill Campus – West Building<\/p><\/div>\n
The multinational company originated an $83 million portfolio loan in March 2017 for the financing of three buildings in Angelo, Gordon & Co.\u2019s CH2M Hill Campus. The LEED-certified office complex is located in Englewood, Colo. Goldman Sachs assigned the mortgage to Wells Fargo Bank in July 2017, transforming it into a CMBS loan. The long-term financing carries a 4.8 percent interest rate and a maturity date scheduled for April 2017.<\/p>\n
4. Bank of America<\/h2>\n![\"1125](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1125-17th-Street.jpg\")
<\/a>1125 17th St.<\/p><\/div>\n
The second largest bank by assets in the U.S., Bank of America originated financing for two office properties in Denver last year, the total loan amount adding up to $108.5 million. The largest mortgage provided for a single property on our list is the $93.5 million loan taken out by Goldman Sachs Asset Management for its 25-story office tower<\/a> located at 1125 17th<\/sup> St. The roughly 500,000-square-foot property formerly known as The Bank One Tower is LEED Silver certified.<\/p>\n3. Annaly Capital Management<\/h2>\n![\"Denver](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Denver-West-Office-Park-Building-19.jpg\")
<\/a>Denver West Office Park – Building 19<\/p><\/div>\n
The New York City-based REIT provided a $112.4 million portfolio loan for the financing of HighBrook\u2019s Denver West Office Park located in Lakewood, Colo. The mortgage incorporates 18 buildings consisting of more than 1.5 million square feet. Set to expire in August 2020, the short-term mortgage refinanced a previous $79.5 million acquisition loan.<\/p>\n
2. Wells Fargo Bank<\/h2>\n
<\/a>Aurora Marketplace – 3025 S. Parker Road<\/p><\/div>\n
Founded in 1880 and based in St. Paul, Minn., the financial group originated a $25 million portfolio loan for Menashe Properties\u2019 approximately 570,000-square-foot Aurora Marketplace office complex. Located in Aurora, Colo., the portfolio includes six properties acquired by Menashe in December 2016. The mortgage carries a seven-year term and is set to mature in September 2024.<\/p>\n
9. FirstBank (Lakewood, CO)<\/h2>\n<\/a>1090 W. Hampden Ave.<\/p><\/div>\n
Colorado\u2019s second-largest bank by deposits provided five loans for office properties totaling roughly 435,000 square feet. Amounting to $34.4 million, the mortgages financed properties built between 1982 and 2001. The largest asset of the group, Ogilvie Properties\u2019 single-story structure located at 1090 W. Hampden Ave. in Englewood, Colo., used to be an industrial facility until being transformed into an office building in 2001.<\/p>\n
8. Barings<\/h2>\n<\/a>The Campus at Longmont<\/p><\/div>\n
The global financial services firm is the result of the 2016 merger of MassMutual\u2019s four affiliates<\/a>: Barings Asset Management, Babson Capital Management, Wood Creek Capital Management and Cornerstone Real Estate Advisers. In 2017, the asset management giant funded Balfour Pacific\u2019s seven-property portfolio purchase with $65 million in acquisition financing. The loan is scheduled to expire in June 2021.<\/p>\n7. JPMorgan Chase<\/h2>\n<\/a>Diamond Hill Office Complex<\/p><\/div>\n
The largest bank in the U.S., JP Morgan Chase originated more than $80.6 million in financing last year for six assets comprising almost 1.1 million square feet spread out in the metro area. The largest loan totaled $32 million and financed Gemini Rosemont\u2019s Diamond Hill Office Complex located at 2490 W. 26th<\/sup> Ave. in Denver. The mortgage carries a five-year term and is scheduled to mature in April 2022.<\/p>\n6. Bellco Credit Union<\/h2>\n<\/a>Fiddlers Green Center I<\/p><\/div>\n
Founded in 1936 and headquartered in Greenwood Village, Colo., the credit union financed four office assets with a total loan amount of $47.9 million in 2017. Encompassing roughly 627,000 square feet, the properties are mostly located in Greenwood Village. The most notable mortgage is the $66 million portfolio loan provided for John Madden Co.\u2019s Fiddlers Green Center<\/a>, a two-building office complex delivered between 1998 and 2000.<\/p>\n5. Goldman Sachs<\/h2>\n<\/a>CH2M Hill Campus – West Building<\/p><\/div>\n
The multinational company originated an $83 million portfolio loan in March 2017 for the financing of three buildings in Angelo, Gordon & Co.\u2019s CH2M Hill Campus. The LEED-certified office complex is located in Englewood, Colo. Goldman Sachs assigned the mortgage to Wells Fargo Bank in July 2017, transforming it into a CMBS loan. The long-term financing carries a 4.8 percent interest rate and a maturity date scheduled for April 2017.<\/p>\n
4. Bank of America<\/h2>\n<\/a>1125 17th St.<\/p><\/div>\n
The second largest bank by assets in the U.S., Bank of America originated financing for two office properties in Denver last year, the total loan amount adding up to $108.5 million. The largest mortgage provided for a single property on our list is the $93.5 million loan taken out by Goldman Sachs Asset Management for its 25-story office tower<\/a> located at 1125 17th<\/sup> St. The roughly 500,000-square-foot property formerly known as The Bank One Tower is LEED Silver certified.<\/p>\n3. Annaly Capital Management<\/h2>\n<\/a>Denver West Office Park – Building 19<\/p><\/div>\n
The New York City-based REIT provided a $112.4 million portfolio loan for the financing of HighBrook\u2019s Denver West Office Park located in Lakewood, Colo. The mortgage incorporates 18 buildings consisting of more than 1.5 million square feet. Set to expire in August 2020, the short-term mortgage refinanced a previous $79.5 million acquisition loan.<\/p>\n
2. Wells Fargo Bank<\/h2>\n
<\/a>1090 W. Hampden Ave.<\/p><\/div>\n
Colorado\u2019s second-largest bank by deposits provided five loans for office properties totaling roughly 435,000 square feet. Amounting to $34.4 million, the mortgages financed properties built between 1982 and 2001. The largest asset of the group, Ogilvie Properties\u2019 single-story structure located at 1090 W. Hampden Ave. in Englewood, Colo., used to be an industrial facility until being transformed into an office building in 2001.<\/p>\n
8. Barings<\/h2>\n<\/a>The Campus at Longmont<\/p><\/div>\n
The global financial services firm is the result of the 2016 merger of MassMutual\u2019s four affiliates<\/a>: Barings Asset Management, Babson Capital Management, Wood Creek Capital Management and Cornerstone Real Estate Advisers. In 2017, the asset management giant funded Balfour Pacific\u2019s seven-property portfolio purchase with $65 million in acquisition financing. The loan is scheduled to expire in June 2021.<\/p>\n7. JPMorgan Chase<\/h2>\n<\/a>Diamond Hill Office Complex<\/p><\/div>\n
The largest bank in the U.S., JP Morgan Chase originated more than $80.6 million in financing last year for six assets comprising almost 1.1 million square feet spread out in the metro area. The largest loan totaled $32 million and financed Gemini Rosemont\u2019s Diamond Hill Office Complex located at 2490 W. 26th<\/sup> Ave. in Denver. The mortgage carries a five-year term and is scheduled to mature in April 2022.<\/p>\n6. Bellco Credit Union<\/h2>\n<\/a>Fiddlers Green Center I<\/p><\/div>\n
Founded in 1936 and headquartered in Greenwood Village, Colo., the credit union financed four office assets with a total loan amount of $47.9 million in 2017. Encompassing roughly 627,000 square feet, the properties are mostly located in Greenwood Village. The most notable mortgage is the $66 million portfolio loan provided for John Madden Co.\u2019s Fiddlers Green Center<\/a>, a two-building office complex delivered between 1998 and 2000.<\/p>\n5. Goldman Sachs<\/h2>\n<\/a>CH2M Hill Campus – West Building<\/p><\/div>\n
The multinational company originated an $83 million portfolio loan in March 2017 for the financing of three buildings in Angelo, Gordon & Co.\u2019s CH2M Hill Campus. The LEED-certified office complex is located in Englewood, Colo. Goldman Sachs assigned the mortgage to Wells Fargo Bank in July 2017, transforming it into a CMBS loan. The long-term financing carries a 4.8 percent interest rate and a maturity date scheduled for April 2017.<\/p>\n
4. Bank of America<\/h2>\n<\/a>1125 17th St.<\/p><\/div>\n
The second largest bank by assets in the U.S., Bank of America originated financing for two office properties in Denver last year, the total loan amount adding up to $108.5 million. The largest mortgage provided for a single property on our list is the $93.5 million loan taken out by Goldman Sachs Asset Management for its 25-story office tower<\/a> located at 1125 17th<\/sup> St. The roughly 500,000-square-foot property formerly known as The Bank One Tower is LEED Silver certified.<\/p>\n3. Annaly Capital Management<\/h2>\n<\/a>Denver West Office Park – Building 19<\/p><\/div>\n
The New York City-based REIT provided a $112.4 million portfolio loan for the financing of HighBrook\u2019s Denver West Office Park located in Lakewood, Colo. The mortgage incorporates 18 buildings consisting of more than 1.5 million square feet. Set to expire in August 2020, the short-term mortgage refinanced a previous $79.5 million acquisition loan.<\/p>\n
2. Wells Fargo Bank<\/h2>\n
<\/a>The Campus at Longmont<\/p><\/div>\n
The global financial services firm is the result of the 2016 merger of MassMutual\u2019s four affiliates<\/a>: Barings Asset Management, Babson Capital Management, Wood Creek Capital Management and Cornerstone Real Estate Advisers. In 2017, the asset management giant funded Balfour Pacific\u2019s seven-property portfolio purchase with $65 million in acquisition financing. The loan is scheduled to expire in June 2021.<\/p>\n Diamond Hill Office Complex<\/p><\/div>\n The largest bank in the U.S., JP Morgan Chase originated more than $80.6 million in financing last year for six assets comprising almost 1.1 million square feet spread out in the metro area. The largest loan totaled $32 million and financed Gemini Rosemont\u2019s Diamond Hill Office Complex located at 2490 W. 26th<\/sup> Ave. in Denver. The mortgage carries a five-year term and is scheduled to mature in April 2022.<\/p>\n Fiddlers Green Center I<\/p><\/div>\n Founded in 1936 and headquartered in Greenwood Village, Colo., the credit union financed four office assets with a total loan amount of $47.9 million in 2017. Encompassing roughly 627,000 square feet, the properties are mostly located in Greenwood Village. The most notable mortgage is the $66 million portfolio loan provided for John Madden Co.\u2019s Fiddlers Green Center<\/a>, a two-building office complex delivered between 1998 and 2000.<\/p>\n CH2M Hill Campus – West Building<\/p><\/div>\n The multinational company originated an $83 million portfolio loan in March 2017 for the financing of three buildings in Angelo, Gordon & Co.\u2019s CH2M Hill Campus. The LEED-certified office complex is located in Englewood, Colo. Goldman Sachs assigned the mortgage to Wells Fargo Bank in July 2017, transforming it into a CMBS loan. The long-term financing carries a 4.8 percent interest rate and a maturity date scheduled for April 2017.<\/p>\n 1125 17th St.<\/p><\/div>\n The second largest bank by assets in the U.S., Bank of America originated financing for two office properties in Denver last year, the total loan amount adding up to $108.5 million. The largest mortgage provided for a single property on our list is the $93.5 million loan taken out by Goldman Sachs Asset Management for its 25-story office tower<\/a> located at 1125 17th<\/sup> St. The roughly 500,000-square-foot property formerly known as The Bank One Tower is LEED Silver certified.<\/p>\n Denver West Office Park – Building 19<\/p><\/div>\n The New York City-based REIT provided a $112.4 million portfolio loan for the financing of HighBrook\u2019s Denver West Office Park located in Lakewood, Colo. The mortgage incorporates 18 buildings consisting of more than 1.5 million square feet. Set to expire in August 2020, the short-term mortgage refinanced a previous $79.5 million acquisition loan.<\/p>\n7. JPMorgan Chase<\/h2>\n
<\/a>6. Bellco Credit Union<\/h2>\n
<\/a>5. Goldman Sachs<\/h2>\n
<\/a>4. Bank of America<\/h2>\n
<\/a>3. Annaly Capital Management<\/h2>\n
<\/a>2. Wells Fargo Bank<\/h2>\n
![\"Legacy](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Legacy-Center-DTC.jpg\")
<\/a>![\"Cherry](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Cherry-Creek-Place-II.jpg\")
<\/a>