Judge appoints receiver for 455-unit X Denver apartment tower after owner misses court hearing

A judge appointed a receiver for the 455-unit X Denver apartment tower after the owner did not appear in court. The order places the building under the control of a court-appointed manager responsible for operating the property, collecting rent, paying bills, and maintaining the tower.

The receiver takes over while litigation over the building continues. Court records did not list an immediate replacement for the owner's day-to-day management staff, and the judge did not set a timeline for selling the property or returning control to the owner.

The X Denver tower is a high-rise apartment building in Denver's downtown area. It has 455 units.

The judge made the ruling from the bench after noting the owner's absence, according to the court record.

Receivership does not evict residents. Leases remain in force, and tenants continue to pay rent. Payments now go to the receiver rather than the former management company.

The receiver must report back to the court on the building's finances and physical condition. Those reports will be used by the court to decide whether to stabilize the property, sell it, or return it to the owner.

No receiver had been publicly named in the available court record at the time of publication.