The downtown Denver office tower that until recently housed the regional headquarters of Xcel Energy is the latest to be given to a lender.
Ownership of the 22-story building at 1800 Larimer St. transferred last week to an entity affiliated with New York’s Blackstone Mortgage Trust.
The building was previously owned by Boston-based Beacon Capital Partners, which bought it for $291 million in January 2022. The following month, records show, Beacon took out a $191 million loan on the building from Blackstone.
That loan was originally set to mature in March 2026, according to the original agreement.
Beacon and Blackstone did not respond to requests for comment Tuesday afternoon. Owners generally give buildings to lenders when they’ve defaulted on a loan and know that the lender could fore

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