Denver Hit By Wave Of Office Defaults As CMBS Delinquencies Soar, Signaling Trouble For Legacy Buildings
Allwork
JUNE 26, 2025
Denver’s mounting distress stems largely from loans originated between 2018 and 2021, when low interest rates encouraged aggressive borrowing and new development. 700 Broadway , a medical office building, is 30 days delinquent on a $51 million loan and has entered special servicing. million, a 75% drop.
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