CIM Group has provided $105.3 million in construction financing for X Denver 2Â (XD2), a residential property in the Arapahoe Square neighborhood of downtown Denver. JLL Capital Markets worked on behalf of the borrower, The X Co.
Located in the heart of the city, XD2 will offer private residences and co-living suites in a 22-story high-rise at the corner of 21st and Arapahoe streets. XD2 will allow future members to choose between thoughtfully designed private apartments or share a fully furnished co-living suite with their own bedroom and bathroom. The project also provides members with more than 15,700 square feet of collaborative working space, a three-story unconventional members-only club featuring a resort-style pool and deck, full-service fitness center with daily classes, and entertainment lounge equipped with a bar.
The neighborhood is a confluence for Denver’s most vibrant areas including RiNo, Five Points and Uptown, f
