Cronheim Secures $48 Million for Denver Lifestyle Center

Denver — Clayton Lane consists of 335,000 square feet and four separate parking facilities situated within a larger mid-rise mixed-use development in one of Denver’s most affluent urban communities.

Cronheim Mortgage has arranged $48 million in financing for the Clayton Lane lifestyle center located in the Denver neighborhood of Cherry Creek. The fixed-rate financing was structured with a 10-year, interest-only term, and was placed with the American General Life Insurance Company and the National Union Fire Insurance Company of Pittsburgh, PA. The borrower was AmCap Clayton, LLC. Cronheim acts as correspondent and servicer for both lenders.

Clayton Lane consists of 335,000 square feet and four separate parking facilities situated within a larger mid-rise mixed-use development in one of Denver’s most affluent urban communities. The property is currently 99 percent occupied by a variety of upscale, national and specialty restaurants, high-end clothiers and furniture retailers, as well as a jeweler and a day spa. Among the roster of tenants is Whole Foods, Crate & Barrel, Arhaus Furniture, Sur La Table, White House Black Market, A Pea in the Pod, Design Within Reach and Bose, among others. Whole Foods, who anchors the center, and an adjacent Sears will be part of a massive redevelopment that is likely to include multiple uses including office and multifamily. 

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