Denver, May 18, 2020 – Essex Financial Group (“Essex”) has secured $11.5
million in financing for Kent Place, a 48,175 SF grocery-anchored retail center
in the Cherry Hills Village neighborhood of Denver. Essex worked on behalf of
the borrower, Continuum Partners, to secure the 15-year, fixed rate non-recourse
loan with a national life insurance company.Originally
developed in 2011 in a joint venture partnership with Regency REIT, Kent Place
sits adjacent to Cherry Hills Golf Club at the corner of University Blvd and
Hamden Ave. The property is part of a 11.5 acre mixed-use development comprised
of retail and 300 luxury apartment units, the Kent Place Residences. The f...
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