CPR™ Reviewed
CIR-20260507-FDA991
A $9.75M sale in Cherry Hills Village and a defaulted $133M office loan in Centennial tell two very different stories about where Denver's money is actually moving
Most people read a $9.75M home sale in Cherry Hills Village and think the whole Denver market is surging. But read the next headline — the owner of Centennial's Panorama Corporate Center just defaulted on a $133M loan — and a clearer, more practical picture comes into focus. Residential demand in Denver's established, well-located neighborhoods is real and steady right now. Commercial office demand is still sorting itself out, and that sorting has consequences for the surrounding residential markets. For families with inherited properties or older adults weighing their choices about a long-held home, this split matters. A home sitting near struggling commercial corridors in Centennial is not the same conversation as a home in a neighborhood where a $9.75M sale just set the tone for spring. The asset is the same category — real property — but the plan around it should be completely different. What I keep telling people is this: the market is not one thing right now, and treating it like one thing is the most expensive mistake a family can make with an inherited asset. Denver rewards clear thinking and practical timing right now, not assumptions based on the last headline you read. If you own or are managing a property in the southeast Denver corridor — Centennial, Lone Tree, Greenwood Village — has the commercial vacancy around you started to feel like a factor in how you think about that property? — Kevin Lundy | The HomeBridge Group at eXp Realty