Denver roofing company lands $3 million SBA loan from North Carolina bank

Denver County

Property Location: 4750-4780 York St., Denver

Property Description: 14,725-sf industrial building, YOC 1975

Land Size: 32,963 sf

Sales Price: $1.6M, or $108.66 psf

Reception No.: 2019001392

Closing Date: 1/2

Grantor: Tichy Leasing LLC (Robin J. Tichy, mbr.)

Grantee: Advent Real Estate Holdings LLC, c/o Alpine Roofing, (Samuel DePizzol & Randall W. Hammond, mgrs.), 303-295-7769

Financing: $3M SBA loan, payable to Live Oak Banking Co., Wilmington, NC

Comments: While the transaction was between two related parties, the sale reflects market value as it was appraised prior to closing. Robin Tichy is vice president of Alpine Roofing, and the transaction represents financing for the benefit of Alpine Roofing. The loan is due and payable in January 2043.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.