Банкротство не спасло проект RedT Homes от изъятия жилья банком-кредитором

Lender forecloses on RedT townhomes that went bankrupt Nathan Adams still blames Xcel Energy for what happened at 2650 S. Delaware St. RedT Homes CEO Nathan Adams says projects like this one at 2650 S. Delaware St. in Denver have been negatively affected by Xcel servicing delays. (BusinessDen illustration) Bankruptcy failed to stave off foreclosure at a townhome project in Denver’s Overland neighborhood. Indicate Capital, a lender based in RiNo, took ownership of 19 townhomes at 2650 S. Delaware St. earlier this month when no one else bid at a foreclosure auction. Indicate lent RedT Homes, the project’s developer, $8.6 million at the end of 2022. Subscribe to unlock Enjoy unlimited access for less than $1/day You'll receive unlimited access to all of our original reporting, plus newsletters, invitations to live events and more. Cancel anytime. Thomas covers commercial real estate and development. He is a graduate of the University of New Hampshire and previously worked as a business reporter at the Springfield News-Leader. Email him at [email protected]. Share Article Sign up for daily business news updates The Daily NewsFeed provides a quick summary of key local, state, and national business stories to start your day.