From The Real Deal · TRD Staff · · 40s
X Denver Complex in Receivership After $170M Default
Denver co-living complex X Denver enters receivership after $170 million loan default.
In brief
Denver co-living complex X Denver enters receivership after $170 million loan default. X Denver, a 455-unit co-living complex in Denver, is under court-appointed receivership following a $170 million loan default. Originally reported by The Real Deal.
X Denver Complex in Receivership
Denver District Court appointed Trigild IVL as receiver for X Denver after $170 million loan default.
Loan Default Details
The $170 million loan matured in January 2025 and was originated in January 2022 by E.N.R. Denver Investment entities.
Receivership Requirements
Trigild must file quarterly reports and can sell the property if approved by court within three business days.
What it means
X Denver, a 455-unit co-living complex in Denver, is under court-appointed receivership following a $170 million loan default.
