Ed Boxer, Principal with Essex Financial Group arranged the financing. Essex is a correspondent for TIAA. The 10-year loan features a fixed-interest rate that was locked as a forward commitment, with payments based on a 25-year amortization schedule.
Three office buildings that are cross-collateralized secure the funding: The Kellogg building in Littleton; the Sheridan Center office complex in Denver and Arrowhead Fountains in Peoria, Arizona. Amerivest provides services such as modern common area conference rooms, high-speed Internet access from multiple providers, and other services not always affordable to the small office user.
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