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200 North Columbine Street

Crescent Real Estate Secures $43.4 Million Refinance Loan From Southstate Bank For Mixed-use Property
FINANCEDMixed-use

Crescent Real Estate Secures $43.4 Million Refinance Loan From Southstate Bank For Mixed-use Property

200 North Columbine Street & 250 North Columbine Street

$43,400,000

$177/SF

Building Size

243,980 SF

Asset Type

Mixed-use

Closing

Aug 5, 2026

AI

200 & 250 North Columbine Street is a mixed-use property located in Denver, CO, encompassing an area of 121,990 square feet. The asset features 91,208 square feet of office space and 30,782 square feet of retail, in addition to underground parking. A refinancing loan was secured for this property.

Summary of transaction details:

The refinancing arrangement was structured as a five-year loan, providing financial support for the property owned by Crescent Real Estate. The brokers facilitating the deal included Leon McBroom, Jim Curtin, and Emily Goldsberry from JLL, representing the landlord in this transaction.

Players

Jim Curtin

JLL

Broker

$2.4B

vol

10 deals

Broker
Southstate Bank
Southstate BankLender
Crescent Real Estate
Crescent Real EstateLandlord

Columbine Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.37%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93