Latest News

Deal Announcement


July 21, 2022

Deal Announcement
Linclay Plaza
7795 E. Belleview Avenue, Englewood, CO 80111

DePaul Real Estate Advisors is pleased to announce the successful refinancing of Linclay Plaza, a Class A retail shopping center redevelopment located in the Denver Tech Center. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the borrower, a private, out-of-state investor. DePaul is also handling lease negotiations with several tenants that will open their businesses in the building after construction. The loan, for $3,863,000, is a construction loan to reposition the asset to a multi-tenant retail plaza. The interest rate is fixed through the construction period and mini-perm.

Linclay Plaza is currently comprised of 9,786 square feet on 1.13 acres of land. The property is located just east of I-25 and Belleview, has excellent access and visibility, and is surrounded by Denver metro’s premier employment center. The building has been occupied by FedEx Office since 1998. Ownership is now poised to convert the asset to a premier three-tenant retail center providing a diverse income stream with first in class businesses that are resilient in any economy.

DePaul Real Estate Advisors is a Denver-based brokerage and investment firm serving investors in commercial real estate and businesses that occupy commercial real estate. DePaul’s businesses include asset sales, leasing, arranging senior secured debt, mezzanine debt, preferred equity, and joint venture equity for existing and to-be-built projects. For more information, please contact Paul DeCrescentis at (303)333-9799 or Jarod Pate at (720)881-2727.

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Deal Announcement


July 21, 2022

Deal Announcement
North Academy Shops
7214, 7344, 7390 North Academy Boulevard, Colorado Springs, CO 80920

DePaul Real Estate Advisors is pleased to announce the successful refinancing of the North Academy Shops, a three-building portfolio located in Colorado Springs, Colorado. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the borrower, a private investment group. An insurance company provided the non-recourse, no reserves, no covenants loan for $5,000,000. The interest rate is 3.97% fixed for 10 years.

North Academy shops is comprised of 47,002 square feet on 6.02 acres of land. The property is located on North Academy Boulevard, a prime regional retail corridor with over 50,000 vehicles daily. It benefits from excellent visibility and is surrounded by first-class, nationally branded tenants such as The Home Depot, Natural Grocers, REI, Whole Foods, Sam’s Club, and many more. The property features strong and stable occupancy since it was built in 1999-2001. There are currently eleven tenants, and 93% of the center is leased. Tenants include San Antonio Shoes, Inc., Cold Stone Creamery, Noodles & Co., Visionworks, David’s Bridal, AAA Colorado, Nekter Juice Bar, Panera Bread, and VectraBank.

DePaul Real Estate Advisors is a Denver-based brokerage and investment firm serving investors in commercial real estate and businesses that occupy commercial real estate. DePaul’s businesses include asset sales, leasing, arranging senior secured debt, mezzanine debt, preferred equity, and joint venture equity for existing and to-be-built projects. For more information, please contact Paul DeCrescentis at (303)333-9799 or Jarod Pate at (720)881-2727.
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Deal Announcement


December 23, 2021

Deal Announcement
December 2021

DePaul Real Estate Advisors is pleased to announce the successful refinancing of Bridge Center, a six-building portfolio located in Bluffton, South Carolina. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the ownership, a private family office real estate owner. DePaul has worked with the lender to close several loans including this one, a non-recourse loan for $6,000,000 with a substantial “cash-out” recapture of equity. The interest rate is 3.65% fixed for 7 years.

Bridge Center is six-building portfolio comprised of 83,937 square feet on 6.97 acres of land. The property features strong historic occupancy and tenant retention. The tenant mix consists of Fitness, Retail, Restaurant, Office, and Medical. It is located at the foot of the only bridge on to Hilton Head Island, home to an internationally recognized luxury resort.

DePaul Real Estate Advisors is a Denver-based brokerage and investment firm serving investors in commercial real estate and businesses that occupy commercial real estate.  DePaul’s businesses include asset sales, leasing, arranging senior secured debt, mezzanine debt, preferred equity and joint venture equity for existing and to-be-built projects.  For more information, please contact Paul DeCrescentis at (303)333-9799 or Jarod Pate at (720)881-2727.
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Just Sold: Denver Infill Development Site


August, 27, 2021

Just Sold: Denver Infill Development Site
DePaul Real Estate Advisors is pleased to announce the sale of an urban infill development site in Denver, Colorado. The site is located at 2160-2176 South Belaire Street in the University Park neighborhood near the crossroads of I-25, East Evans Avenue, and South Colorado Boulevard.  The TOD site is approximately 780 feet from Colorado Station metro light rail.  With a land area of 12,340 square feet and in-place G-MU-3 zoning, the purchaser has the opportunity to develop additional much needed residential in the constrained Denver housing market. 

Jarod Pate at DePaul Real Estate Advisors represented the seller, a Denver-based trust, in marketing and negotiations.  DePaul thanks Craig Bustos at Ironstone who represented the purchaser, Denver South Bellaire LLC.

DePaul Real Estate Advisors is a Denver-based brokerage and investment firm serving investors in commercial real estate and businesses that occupy commercial real estate.  DePaul’s businesses include asset sales, leasing, arranging senior secured debt, mezzanine debt, preferred equity and joint venture equity for existing and to-be-built projects.  For more information, please contact Paul DeCrescentis at (303)333-9799 or Jarod Pate at (720)881-2727.
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Deal Announcement


August 4, 2021

Deal Announcement
July 2021

DePaul Real Estate Advisors is pleased to announce the successful refinancing of the Gateway Plaza Business Park in Aurora, Colorado. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the ownership, a California-based family office.

Gateway Plaza is a 125,000-square foot business park located near I-70 and Peoria Street in Denver’s Aurora submarket. Spread over five buildings amid lush landscaping, the park has fenced and gated truck courts and many access points on Quentin Street, Peoria Street, 33rd Avenue and on Smith Road. Office finish averages 25%, while the warehouses’ clear heights range from 12 to 20 feet. Loading is comprised of 22 drive-ins and 23 loading docks. The Park is occupied by over 30 businesses in a variety of industries: construction, biotechnology, distribution, fabrication and food production.

The cash-out refinancing includes a fixed interest rate of 3.02% and three years of interest-only payments followed by a 30-year amortization schedule.

DePaul Real Estate Advisors is a Denver-based brokerage and investment firm serving investors in commercial real estate and businesses that occupy commercial real estate. DePaul’s businesses include asset sales, leasing, arranging senior secured debt, mezzanine debt, preferred equity and joint venture equity for existing and to-be-built projects. For more information, please contact Jarod Pate at (720)881-2727.
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