A resolution approving a proposed Second Amendment, Modification, Assignment, And Assumption Agreement among the City and County of Denver, HGV Senior, L.P. and LM Cottage Hill Apartments LLC to recognize the sale of the property at 3755 Tennyson St. to LM Cottage Hill Apartments LLC, assumption of the loan agreement, covenant, and collateral documents by the new Borrower, and raises subordination limit, in Council District 1. Amends a loan agreement with HGV Senior, L.P., to recognize the sale of the property at 3755 Tennyson St. to LM Cottage Hill Apartments LLC, assumption of the loan agreement, covenant, and collateral documents by the new Borrower, and raises subordination limit to $5,500,000.00, in Council District 1 (GE97059/HOST-202684213-02). The last regularly scheduled Council meeting within the 30-day review period is on 10-26-2026. The Committee approved filing this item at its meeting on 9-22-2026.

26-1383 · Resolution · Adopted

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