The Portofino Towers
1827 Grant Street Denver, CO 80202
Purchase Price: $29,000,000

Sagebrush Development, LLC is a real estate development company formed in 1994 with an extensive portfolio of distinctive residential properties.  Based in Denver, Colorado, it specializes in multi-family residential projects with extensive experience in condominium conversions, as well as the design and construction of new condominiums.

	The Portofino Tower has defined elegant living in downtown Denver, Colorado.  Strict attention to detail, flawless finishes and the best materials, appliances and equipment have been used to create this magnificent luxury high rise. The Portofino Tower is a luxury high-rise condominium recently completed by Portofino Development LLC, an affiliate of Sagebrush, located in downtown Denver. The 14-story high-rise was constructed with a total development cost of $29 million and a sellout value of $37 million. The construction lender provided financing in the amount of $21 million.