Tag: Blackstone
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Another lender takes possession of downtown Denver office building
An office tower in downtown Denver, once home to Xcel Energy’s headquarters, was taken over by a lender. Blackstone Mortgage Trust possessed the building at 1800 Larimer St. from Beacon Capital Partners, according to property records filed Tuesday. Beacon Capital Partners bought the property in 2022 for $291 million. Despite the pandemic’s hit on office…