Chicago-based Riverside Investment & Development has secured a loan extension for 1900 Lawrence, its 700,000-square-foot, Class A office tower in Denver. Bank of OZK, the lender on the $242 million loan, has extended the maturity through mid-2027. As part of the agreement, Riverside and equity partner Convexity Partners have committed an additional $34 million to the venture, which will be deployed to accelerate the leasing program.
“In large office capitalizations, and particularly in Denver, loan extensions are extremely difficult, which makes this so significant,” said Riverside CFO Rob Stanek. “It speaks to the quality of the asset and the confidence the entire team has in the building’s future.”
Denver’s newest office building, 1900 Lawrence, is a modern, amenity-rich trophy asset that redefined the tenant experience when it was delivered in June 2024. The seventh-floor amenity center offers a hospitality-inspired experience and features an outdoor terrace, a state-of-the-art fitness center with steam rooms and spa-quality locker rooms, a golf simulator, and an upscale restaurant and lounge, while the building’s 30th floor rooftop deck offers panoramic views through two-story vision glass windows and includes a pickleball court and a bar.
In addition, the building established a new standard of performance for occupant wellness, utilizing cutting-edge technology to evaluate, regulate and optimize the indoor environment.
The property has seen significant leasing momentum in 2025, with more than 50% of the building in active negotiations.
“The loan extension and equity infusion reflect our commitment to the property and the Denver market as a whole,” added Stanek. “We are confident that users will continue to seek trophy assets that offer a modern environment with exceptional spaces where people can work and thrive. We are now positioned for continued success, and we are thrilled.”
