Today's Residence XXV Ribbon Cutting; a New Chapter in Downtown Denver Luxury Living

DENVER, Aug. 18, 2011 /PRNewswire/ -- Among a varied crowd of Denver business leaders, including representatives from the Denver Metro Chamber of Commerce and Downtown Denver Partnership, representatives from Residence XXV cut the ceremonial ribbon to officially launch the rebranding and sales of the luxury condominium residences. The reintroduction of the former Ritz-Carlton Residences, now Residence XXV, is widely viewed as the recalibration of Denver's luxury real estate market.

(Photo:  http://photos.prnewswire.com/prnh/20110818/LA54813)

"This project, finished to Ritz-Carlton standards, is unsurpassed in terms of amenities, service and location," said Sam Kasparek, of Residence XXV. "In addition, today's market coupled with the nature of our acquisition of the project allows us to offer each unit at roughly half its original price and far below cost of replacement or comparable units offered by area competition."

Residence XXV encompasses five floors in Denver's Ritz Carlton and includes 25 spacious residences, with two multi-level penthouse lofts. Finishes on the residences are fully completed, significantly enhancing the original plans. Residence XXV is located within close proximity to downtown Denver amenities, restaurants, retail, Coors Field and the 16th Street Mall and features dedicated twenty four hour-a-day concierge service.  The popular Elway's restaurant is housed in the lobby of the project. Residence XXV is Denver's most unique residential property with unparalleled owner amenities and services offered at investment pricing.

SOURCE Residence XXV