Griffis Residential has secured $86.05 million in financing for Griffis Union Station, its 400-unit, Class A multifamily community located at 2905 Inca St. in the heart of downtown Denver.
Working on behalf of Griffis Residential, JLL placed the five-year senior agency loan, led by Senior Managing Director Eric Tupler, Senior Director Kevin Barron and Director Jake Martin.
Griffis acquired the property in 2017 for $126 million from Monogram Residential Trust, according to Yardi Matrix.
Completed in 2010, Griffis Union Station stands five stories tall and offers one- and two-bedroom units averaging 918 square feet each. A portion of the units have been fully renovated and feature new countertops, backsplashes, stainless steel appliances and improved lighting. Property amenities include a fitness center, a resort-style pool, clubhouse, resident lounge, business center, grilling stations, game room and dog park and pet washing station.
Griffis Union Station sits on a 4.95-acre lot close to LoDo, the Ballpark District and the RiNo Arts District. The property is within walking distance of Union Station. Residents also have immediate access to Interstate 25, providing convenient commutes to Denver Tech Center, Boulder and the entire Front Range.
Greater Denver’s multifamily pipeline remains active, with 3,041 new units delivered during the first four months of 2026 and another 19,042 units under construction, according to Yardi Matrix. Investment activity, however, has slowed, with $345 million in multifamily sales recorded through April, representing a more than 51% decline from the same period in 2025.
