The Cherry Creek Plaza I and II buildings in Glendale last sold in March 2020. (BusinessDen file) Two office buildings in Glendale that last sold in the early days of the pandemic have entered foreclosure. On March 10, 2020, TerraCap Management, a firm based in Florida, paid $54.59 million for the Cherry Creek Plaza I and II buildings at 600 and 650 S. Cherry St. The next day, the NBA canceled the remainder of its season and Tom Hanks announced on Instagram that he had coronavirus. TerraCap financed the deal with a $45.58 million loan from NXT Capital. Earlier this month, the current holder ..read more

The 8350 E. Crescent Parkway building, at forefront, and the adjacent 8390 building have sold. (Google Maps) Two DTC office buildings have sold at a loss — even compared to what they fetched in the 1990s. The neighboring structures at 8350 E. Crescent Parkway and 8390 E. Crescent Parkway in Greenwood Village were purchased last week by Glendale-based Westside Investment Partners and Denver-based Knightbridge Capital. The firms paid $11.85 million for the larger of the two: the 135,000-square-foot building at 8390 E. Crescent. The seller paid about $30 million for it in 2015, according to pub ..read more

The Tattered Cover bookstore on East Colfax Avenue in Denver on Thursday, April 25, 2024. (Andy Cross/The Denver Post) After a 53-year run, Tattered Cover may not be an independent bookstore much longer. The beloved Denver company could soon be sold to Barnes & Noble, which made the top initial bid ahead of Monday’s bid deadline, according to a source familiar with the process. No bid has been approved and Barnes & Noble could still lose out or back out. But if approved by the company’s board of directors and a U.S. Bankruptcy Court judge, the sale is sure to send shockwaves through ..read more

An RTD bus stops to pick up passengers between Lincoln and Broadway along Colfax Avenue in Denver on Thursday, May 30, 2024. (AAron Ontiveroz/The Denver Post) When Denver resident Jana Angelo rides the Regional Transportation District’s buses and trains, she feels trapped and sometimes hugs herself for fortitude. She’s smelled fumes from passengers smoking fentanyl. She’s heard unhinged riders’ rants. Two “really high” men once fought right in front of her, said Angelo, 29. “I was like, ‘Stop the bus!’ ” she said. “But the driver did not.” Angelo packs a knife just in case, she said, an ..read more

Cashier Oscar Lechner opens a plastic bag while scanning and bagging groceries at Leevers Locavore Local Market in Denver on Wednesday, June 30, 2021. (Eric Lutzens, The Denver Post) Three years after requiring retailers to charge for disposable bags, Denver has collected $5.76 million, although the growth rate of that number is expected to taper off. The city said it has spent nearly $1 million of that, and a survey underway will help direct where the remainder of the money goes. Denver started requiring retailers to charge 10 cents per disposable bag in July 2021. Retailers keep four cents ..read more

Tim White, left, stands with Devin Visciano in front of three horse skulls found in the basement of the City Hotel. “Your horses were like dogs. They were your lifeblood. So, most farmers and ranchers, when their horse died, everybody kept the head.” (Matt Geiger/BusinessDen) Castle Rock’s oldest building could soon become part of its newest hotel. Tim White, CEO of White Development and a former mayor of Castle Rock, is planning to incorporate the two-story building at 415-419 N. Perry St. into a 33-room hotel. “You’ve got to have a town that’s very open minded to do that, and Castle Rock r ..read more

The former BF Borgers office at 5400 W. Cedar Ave. in Lakewood in seen on Tuesday, June 11, 2024. (Justin Wingerter/BusinessDen) An auditing firm in Lakewood that federal regulators closed last month for allegedly perpetrating a wide-scale fraud is now being sued by some of its former clients. BF Borgers and its owner, Ben Borgers, were charged by the U.S. Securities and Exchange Commission on May 3 with failing to properly audit the public companies that were their clients and instead filing hundreds of false audit reports between 2021 and 2023. The SEC called it “one of the largest wholesa ..read more

A rendering included in plans submitted to Cherry Hills Village. (Public records) On the heels of a course renovation, Glenmoor Country Club is swinging for the clubhouse next.  Members of the private country club in Cherry Hills Village at 110 Glenmoor Drive approved a $35 million renovation of its current 46,000-square-foot clubhouse.  The club’s representative, Conor Bancroft, said renovations will include adding a new pro shop to the upper level of the clubhouse, expanding the fitness center, upgrading the existing structure and building four pickleball courts.  The additi ..read more

Boulder-based Meati sells imitation meat products made from mushroom root. (Courtesy Meati) Startup funding around the Centennial State dipped again last month.  According to a tally of Form Ds filed with the SEC, 60 startups raised $411 million in May. That figure is down from April’s $547 million, and March’s $623 million.  You can view our sortable spreadsheet here.  BusinessDen defines a startup as a business that’s less than 10 years old and excludes publicly traded companies, real estate ventures and funds. Boulder startups raised the bulk of the cash last month — $267.5 ..read more

For submissions click here. Nicole Ament and David Cohen have joined the executive committee of Brownstein Hyatt Farber Schreck. Ali Renes joined Otten Johnson Robinson Neff + Ragonetti as senior counsel. Kyle Blackmer has joined Holland & Hart as real estate finance partner. Derek Evans has been promoted to chief operating officer with McWhinney. He is also the chief financial officer. Tony Frank joined Rocky Mountain Communities as vice president of fund development. Robert Kalkofen joined Denver Housing Authority is human resources director ..read more