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Denver Office Tower Foreclosed | Real Estate News

Denver Office Tower Foreclosed | Real Estate News

Published 1 week, 4 days ago
Description

A once-promising downtown Denver landmark, The George (formerly the Symes Building), is back on the market after a dramatic crash: bought for $24.5M in 2018 with city backing, it defaulted on loans amid a flooded apartment market, leading to foreclosure at just $6M. Now empty and undervalued, it’s being repositioned as a redevelopment opportunity—with apartments still possible, but also open to offices, hotels, or student housing—thanks to lingering permits and potential city incentives.

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