Lender seeks receiver for RedT townhomes on Denver-Aurora line

Lender seeks receiver for RedT townhomes on Denver-Aurora line

A lender wants a receiver appointed for a townhome project under construction near the Denver-Aurora line. Churchill Funding I LLC said in a lawsuit last week that an affiliate of Denver-based RedT Homes owes $22 million on loans issued in 2023 for its Grand Avenue project. The project consists of 53 planned townhomes on the Aurora side in the 1200 and 1300 block of Akron Street, the 1300 block of Alton Street and the 9000 block of East 14th Ave…