{"id":1004655767,"date":"2023-04-06T23:27:45","date_gmt":"2023-04-07T07:27:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004655767"},"modified":"2023-04-06T23:27:47","modified_gmt":"2023-04-07T07:27:47","slug":"continuum-partners-secures-refi-for-denver-tod","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/","title":{"rendered":"Continuum Partners Secures Refi for Denver TOD"},"content":{"rendered":"
\"Block<\/a>

Block A development. Image courtesy of JLL Capital Markets<\/p><\/div>\n

Continuum Partners<\/strong> has secured $23 million in refinancing for a 60,000-square-foot component of A Block, a mixed-use development in Denver. A JLL Capital Markets <\/strong>team led by Senior Managing Director Eric Tupler arranged the loan through HTLF<\/strong>.<\/p>\n

Completed in 2017, the Class A property is part of the A Block development, a $120 million hotel, office and retail complex. The property comprises a 47,047-square-foot office building, 12,551 square feet of retail and a 200-key hotel. The 12-story hotel was not part of the loan\u2019s collateral.<\/p>\n

The five-story building has a steel frame construction type and masonry exterior, and features two passenger elevators, a fitness center, controlled access and 197 subterranean parking spaces. The low-rise building is LEED Silver Certified<\/a>.<\/p>\n

The development is located at 1881 16th St., in the LoDo neighborhood, right next to Union Station. The transit-oriented property is also close to the intersection of Interstate 25 and Route 287.<\/p>\n

Union Station redevelopment<\/h2>\n

Block A is part of the Union Station project, a multibillion-dollar redevelopment. The $500 million estimated project plans to transform approximately 19.5 acres of abandoned rail yard into an urban center featuring retail, residential and office developments<\/a>.<\/p>\n

Financing for the Denver Union Station project includes a series of public and private sources. The project features approximately $200 million of local, state, federal and private developer generated funds and $300 million of federal loans. Around $3.5 billion will be invested in private development projects, according to RTD Denver.<\/p>\n

Continuum serves as master developer, the team also including Skidmore, Owings and Merrill, as well as AECOM, Kiewit Construction and Hargreaves Associates.<\/p>\n","protected":false},"excerpt":{"rendered":"

The mixed-use A Block component came online in 2017. <\/p>\n","protected":false},"author":3014,"featured_media":1004655770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21825,21752,21742,15],"tags":[42446,33584,32796,32779],"class_list":["post-1004655767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-denver","category-finance","category-mixed-use","category-latest","category-west","tag-continuum-partners","tag-eric-tupler","tag-jll","tag-leed"],"acf":[],"yoast_head":"\nContinuum Partners Secures Refi for Denver TOD - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Continuum Partners has secured a $23 million refinancing loan for a 60,000-square-foot mixed-use development in Denver.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Continuum Partners Secures Refi for Denver TOD\" \/>\n<meta property=\"og:description\" content=\"Continuum Partners has secured a $23 million refinancing loan for a 60,000-square-foot mixed-use development in Denver.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-07T07:27:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-07T07:27:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/block-a-development-teaser.png\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/\",\"name\":\"Continuum Partners Secures Refi for Denver TOD - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/block-a-development-teaser.png\",\"datePublished\":\"2023-04-07T07:27:45+00:00\",\"dateModified\":\"2023-04-07T07:27:47+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a0c04b9de1387474e28c9ebdb0444e59\"},\"description\":\"Continuum Partners has secured a $23 million refinancing loan for a 60,000-square-foot mixed-use development in Denver.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/continuum-partners-secures-refi-for-denver-tod\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/block-a-development-teaser.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/block-a-development-teaser.png\",\"width\":640,\"height\":480,\"caption\":\"Block A development. 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