**Riverside Secures Loan Extension for 1900 Lawrence in Denver**
Riverside Investment & Development has successfully secured a loan extension for 1900 Lawrence, a 700,000-square-foot, Class A office tower located in downtown Denver. The building’s $242 million loan, financed by Bank of OZK, has been extended through mid-2027.
As part of the extension agreement, Riverside and its equity partner, Convexity Partners, have committed an additional $34 million to the project. This capital infusion is intended to accelerate the property’s leasing program.
“In large office capitalizations, and particularly in Denver, loan extensions are extremely difficult, which makes this so significant,” said Rob Stanek of Riverside.
1900 Lawrence, Denver’s newest office building, was delivered in June 2024. The tower boasts modern amenities, including a seventh-floor amenity center equipped with an outdoor terrace, a state-of-the-art fitness center with steam rooms, a golf simulator, and an on-site restaurant and lounge. The 30th floor features a rooftop deck offering panoramic city views through two-story glass windows, a pickleball court, and a bar.
