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A $9.75M sale in Cherry Hills and a $133M loan default in Centennial are telling the same story about Denver right now

Kevin Lundy · The HomeBridge Group Brokered by eXp Realty
Reviewed May 8, 2026
CPR™ Reviewed
CIR-20260508-90E501

A $9.75M sale in Cherry Hills and a $133M loan default in Centennial are telling the same story about Denver right now

Most people look at a $9.75M home sale in Cherry Hills Village and a $133M commercial loan default in Centennial and think those are two separate stories. I don't think they are. What those two signals tell me together is that Denver's housing market is not moving in one direction — it's splitting. High-end residential is alive. Owners who held quality assets and made clear decisions about timing are being rewarded. Meanwhile, commercial real estate tied to older office and corporate center models is under real stress, and that stress doesn't stay contained. When a property like Panorama Corporate Center defaults on a nine-figure loan, it affects the surrounding area — tax base, foot traffic, tenant confidence, and eventually the neighborhoods nearby. For families I work with who are managing inherited property or thinking about the right moment to act on a family home, this is exactly the kind of practical context that should inform your choices. A strong luxury sale in Cherry Hills doesn't mean every Denver property is in that position. Steady, well-informed decisions still require looking at the full picture — not just the headline number. The families who plan carefully are the ones who come out with their assets and their dignity intact. 'A record sale in one Denver ZIP code doesn't cancel out a default two exits down the highway — and mixing those two up is how families make expensive mistakes.' If you're holding onto a property in the south Denver metro — whether inherited or long-owned — what specific signals are you watching to decide whether 2026 is your year to act or your year to wait? — Kevin Lundy | The HomeBridge Group at eXp Realty