Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DENVER-The local office of Cohen Financial has secured $39.82 million for two office buildings, says vice president Cleve Brown. In the largest deal, Cohen secured $27 million for the developer of the 206,000-sf Fiddler’s Green building at 6399 S. Fiddler’s Green Circle in Greenwood Village.

Terms of the 10-year nonrecourse loan include a 30-year amortization schedule and 80% loan to value and pricing based on the 10-year U.S. Treasury Index. The lender provides conduit financing.

In the other deal, Cohen arranged $12.82 million in debt placement for the 97,565-sf Creekside Office Building II in the Inverness Business Park. Creekside is a single-story, speculative office buidlng.

The 30-month, full recourse loan has a 80% loan-to-value ratio and pricing based on the prime index.

Chicago-based Cohen Financial has offices in nine major US markets and more than 135 real estate and finance experts. Its market capitalization is more than $100 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.