JV Gets ‘Desirable’ 732,000-SF Portfolio

Denver

Lowe Structured Investment Fund, a discretionary investment fund managed by Lowe Enterprises Investors, has provided $13 million in mezzanine debt to Hamilton-Titan Partners for a three-building portfolio of office properties in the Denver area. The 732,000-square-foot portfolio includes Hudson’s Bay Centre on the 16^th Street Mall in the Denver central business district, Ptarmigan at Cherry Creek in Cherry Creek and Meridian One in southeast Denver’s Meridian International Business Center. “The properties are a solid fit with the loan criteria established for our fund. They are well located quality assets with a respected ownership group,” notes Bleecker Seaman, CEO of LEI. “The properties are located in very desirable Denver area office submarkets, and are well leased with a strong tenant base,” adds Jeremy Ballenger, vice president, Lowe Enterprises Real Estate Group. Hamilton-Titan Partners LLC is a joint venture between Hamilton Partners Inc., a Chicago based real estate development and investment company and Titan Investments, a Denver-based real estate development and investment company. Tim Richey and Mike Winn of Cushman & Wakefield represented Hamilton-Titan in the transaction.