Denver Office Building Faces Receivership: A Tale of Two Owners
Denver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Denver Office Building Faces Receivership: A Tale of Two Owners
A Denver office building at 1640 Grant Street is on the brink of receivership, with its two main owners, Aviv Rubin and Matt Tambor, unable to agree on next steps. The property has unpaid taxes for over a year, a major lease ending in June, and a loan maturing in July, pushing it towards default. Judge Thomas Henderson has given them just two weeks to find a buyer. The building, bought in 2019 for $2.6 million, has been listed for months with a price cut, and a potential buyer has recently toured it. The owners have accused each other of misconduct across fifteen joint properties, leaving them deadlocked on this one and another in Colorado Springs. A hearing is set for March 26th, with a summer foreclosure looming if no solution is found.
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