Unum Life Insurance Provides $13 Million Refinancing for the Denver Dry Goods Building

by Katie Sloan

Denver — Unum Life Insurance Company of America has provided a $13 million refinancing for the Denver Dry Goods Building, an 84,495-square-foot retail and office building located in downtown Denver.

Leon McBroom and Kristian Lichtenfels of HFF worked on behalf of the borrower, Jonathan Rose Companies, to secure the 10-year, fixed-rate loan. The refinancing comprises four commercial condominium units on the lower, first and second levels of the building. HFF will service the loan, proceeds of which will be used to refinance an existing loan.

The property — which is a designated historic landmark — is home to tenants including T.J. Maxx, Visit Denver Center, Jason’s Deli, Starbucks Coffee, Denver Urban Renewal Authority, the Aveda Institute and Yuthok Jewelry.

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