Regions West
Hotel-Condo Tower Slated for Downtown Denver
May 15, 2008
Source: Rocky Mountain News

A hotelier wants to build a 17-story hotel and condo tower at the site of a former Burger King in downtown Denver, according to the Rocky Mountain News. Ranko Mocevic, the president of Hotel Gold Crown Champa LLC, is planning to open the 264-hotel-room, 12-condo tower by 2010.

The nearby 41-story, $175 million Spire condo project is nearby, under construction at 891 14th Street. An urban planner told the Rocky Mountain News that the former Burger King site has been underused, hosting only a parking lot and modest restaurants.

 
Recent West Headlines
Storm Properties Sells Industrial Portfolio for $52M
Oct. 03, 2008
Storm Properties sold approximately 545,000 square feet of its industrial real estate portfolio to TA Associates Realty for more than $52 million. A total of 13 industrial properties located in Los Angeles and San Diego counties were sold.
blossom hill KW, Guardian Life Partner on $84M San Jose Apartment Purchase
Oct. 03, 2008
Beverly Hills-headquartered Kennedy Wilson Multifamily Management Group and New York City-based Guardian Life Insurance Co. of America have shelled out $84 million for Avalon at Blossom Hill, a 324-unit apartment property in San Jose, Calif., about 50 miles south of San Francisco in the Silicon Valley submarket.
Sacramento-Area Indian Casino Gets $77M in Final Financing
Oct. 03, 2008
The Shingle Springs Tribal Gaming Authority, an affiliate of the Shingle Springs Band of Miwok Indians, closed yesterday on $77 million in financing for the Red Hawk Casino in Shingle Springs, Calif., about 20 miles east of Sacramento.
Maguire Properties Extends Two Debt Maturities
Oct. 02, 2008
Maguire Properties Inc. has announced that it has extended maturities on two construction loans with Guaranty Bank. The combined outstanding balance for the construction loans on 17885 Von Karman in Irvine, Calif., and 2385 Northside Drive in Mission Valley, Calif., prior to extension, totaled $49.1 million.
Maguire Closes $100M Financing Deal for L.A. Property
Oct. 01, 2008
Maguire Properties Inc. has wrapped up $100 million in financing secured by Plaza Las Fuentes, the company's office and hotel property at 135 N. Los Robles Dr. in Pasadena, Calif., about 10 miles northeast of Downtown Los Angeles.