CAG and Partners Sell 500,000 SF Commercial Building in Chicago, IL
Denver, CO (December 2016) – Connexion Asset Group (CAG), a Denver based real estate investment company, is pleased to announce the sale of 680 North Lake Shore (“NLS”) for $109.5 million. 680 NLS is the 500,000 SF commercial component of a 29-story, 2,000,000 square foot mixed-use building in Chicago’s Streeterville neighborhood. Originally named the American Furniture Mart, it was completed in 1926. At 474 feet tall and encompassing the entire block between Lake Shore Drive and McClurg Court, it was the largest building in the world at completion.
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Connexion Asset Group (CAG) Sells 128-Unit Apartment Investment, Phoenix, AZ
Denver, CO (December 2016) – Connexion Asset Group (CAG), a Denver based real estate investment company, is pleased to announce the sale of Calle Central Apartments for $5.2 million. Calle Central is a 128-unit apartment building in Phoenix, Arizona.
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Connexion Asset Group (CAG) Sells 352-Unit Apartment Investment, Phoenix, AZ
Denver, CO (September 2016) – Connexion Asset Group (CAG), a Denver based real estate investment company, is pleased to announce the sale of Paradise Vista Apartments for $14 million. Paradise Vista is a 352-unit apartment building in Phoenix, Arizona.
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Connexion Asset Group (CAG) Sells 258-unit Apartment Investment in Colorado Springs, CO
Denver, CO (June 2014) – Connexion Asset Group (CAG), a Denver based real estate investment company, is pleased to announce the sale of Vista Peak for $7.5 million. Vista Peak is a 258-unit apartment building in Colorado Springs, Colorado.
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Connexion Asset Group Purchases 112,000 SF Industrial Building in Denver
Denver, CO (January 2015) – Connexion Asset Group (CAG), a Denver based real estate investment company, is pleased to announce the purchase of a 112,000 SF industrial building at 500 W 53rd Place in Denver.
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Connexion Asset Group Sells Denver West Office Park
LAKEWOOD, Colo. – On October 3, 2014, Connexion Asset Group sold the Denver West Office Park, a 22-building office portfolio, for $104 million to New York based HighBrook Investment Management, LP. The buyer was identified and the sale closed within 90 days. The rapid closing is indicative of Connexion Asset Group’s poise to move rapidly and capitalize on opportunities.
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Connexion Asset Group Purchases 352 units in Phoenix, Arizona
Lakewood, CO (May 2014) – Connexion Asset Group (CAG), a Lakewood based real estate investment company, is pleased to announce the purchase of a 352 unit apartment building in Glendale, Arizona for $7 million.
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Connexion Asset Group Purchases 115,000 SF Industrial Building in Central Denver
Lakewood, CO (April 2014) - Connexion Asset Group (CAG), a Lakewood based real estate investment company, is pleased to announce the purchase of an 115,000 SF industrial building in Denver, Colorado. CAG continues to add to its portfolio of well-located industrial properties in the strongly performing Denver market.
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Connexion Asset Group Purchases Loan Package with Metro Phoenix Collateral
Lakewood, CO (January 2014) – Connexion Asset Group (CAG), a Lakewood based real estate investment company, recently completed the purchase of a package of six loans collateralized by five properties in the Phoenix metropolitan area. The borrower is a prominent apartment owner in the Phoenix area. CAG purchased the loan package for $6 million, a substantial discount to the outstanding principal balance as well as the underlying value of the collateral. CAG has previously acquired loans from the lender and plans to negotiate a settlement agreement with the borrower to enable CAG to assume direct ownership and control of the property.
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Connexion Asset Group Purchases 128 units in Phoenix, Arizona
Lakewood, CO (December 2013) – Connexion Asset Group (CAG), a Lakewood based real estate investment company, is pleased to announce the purchase of a 128 unit apartment building in Phoenix, Arizona for $3.2 million.
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Connexion Asset Group Purchases 19,000 SF Truck Terminal in Commerce City, CO
Lakewood, CO (October 2013) – Connexion Asset Group (CAG), a Lakewood based real estate investment company, is pleased to announce the purchase of a 19,000 SF truck terminal building in Commerce City, Colorado at 5555 E 58th Street.
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Connexion Asset Group (CAG) Exits 286-Unit Apartment Investment, Northglenn, CO
Lakewood, CO (December 2012) – Connexion Asset Group (CAG), a Lakewood based real estate investment company, is pleased to announce its exit from Village by the Park at a valuation of $19.6 million. Village by the Park is a 286-unit apartment building in Northglenn, Colorado.
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Connexion Asset Group (CAG) Receives Full Payoff for Non-Performing Loan
Lakewood, CO (June 2012) – Connexion Asset Group (CAG), a Lakewood based real estate investment company, is pleased to announce the sale of the Vallagio note. CAG purchased the non-performing loan for $4.86 million on June 6, 2012 and sold the loan to the site’s original developer for $5.4 million two days later.
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Connexion Asset Group (CAG) Purchases 258 units in Colorado Springs, Colorado
Lakewood, CO (September 28, 2011) - Connexion Asset Group (CAG), a Lakewood based real estate investment company, has announced the purchase of a 258 unit apartment building in Colorado Springs, Colorado for $4.2 million.

CAG is rebranding the apartment community as Vista Peak Apartments. The 258 units are generously apportioned in 32 buildings built in 1968-72. The garden style residences provide ample parking for their residents, and are strategically located near to local schools and Academy Boulevard, the primary North-South thoroughfare in Colorado Springs. Employment drivers include the nearby Citadel Mall and Peterson Air Force Base.
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Connexion Asset Group (CAG) Purchases 126 units in Aurora, Colorado
Lakewood CO (June 2, 2009) - Connexion Asset Group, a Lakewood based real estate investment company, has announced that it has purchased Sand Creek Apartments in Aurora, Colorado for $2.58 million.

Completed in 1974, the 126-unit Sand Creek Apartments is located at 14155 E. Montview Blvd. in Aurora. "Sand Creek was an opportunity that we could not pass up," said CEO Ed Anderson. "As the Fitzimons Redevelopment continues, it will drive thousands of new residents to the area." Sand Creek is minutes from the Fitzsimons Redevelopment, a $4.3 billion renovation of a former Army hospital site into a medical research campus. As one of the nation's largest medical development projects, the redevelopment of the Fitzsimons Army Medical Center calls for up to 13.6 million-square-feet of new construction dedicated to excellence in patient care, education and research. About 7 million square feet of building space is planned to be in use by 2010, with another 6.6 million square feet forthcoming. The project also features housing, retail, hotels and transit-oriented development (TOD) at two future FasTracks stations.
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Commercial Real Estate Debt Maturities - Shortfall & Implications
Article published in the Journal of Real Estate Portfolio Management (July 2009)
Global capital markets in 2008 experienced historic illiquidity, with nearly every major country's central banking system having to infuse capital directly into their member banks. These dramatic steps were taken to help keep banks solvent while they continued to absorb massive losses related to business, insurance and real estate debt. This article estimates the size of the commercial real estate debt financing needed in 2009 and beyond. The article also seeks to further expand and update evolving investment possibilities, given the status of US capital markets in 2009 and the increasing and unprecedented high demand and low supply of debt available for the financing and refinancing of commercial real estate properties.
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Commercial Real Estate Debt Growth, Evolution, Challenge, Opportunity
White paper co-authored with the Burns School of Real Estate and Construction Management at the University of Denver
The Commercial Mortgage Backed Securities (CMBS) market was created in 1988 as a way to assemble individual commercial real estate loans into large pooled securities that can be traded in the secondary debt marketplace. These CMBS loans were pooled by large regional banks, investment banking organizations and conduit brokers with the intent of being securitized and sold globally in rated bond tranches to public sector investors. The CMBS Market has grown from less than $10 billion of issuance in 1988 to over $200 billion in 2007.
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