Recognition

Dear Riley,
I’m writing on behalf of our entire team to thank you for a job well done with the
construction effort at Pancratia Hall Lofts.
This $25,000,000 redevelopment has been an incredible challenge and opportunity for the
entire team. It was a very complex effort to convert a vacant classroom/dormitory building into
affordable housing, remediate significant asbestos and lead based paint conditions, add a floor
of apartments in the vacant attic, cut open below-grade exterior walls to add several patios and
window wells to lower level apartments, restore all the damaged exterior materials, and replace
the majority of windows in this historic landmark building.
In addition, the concurrent redevelopment of the 70 acre Loretto Heights campus surrounding
our site required intense coordination of new utilities, roads and miscellaneous site activities
with your work. Last but certainly not least, COVID requirements and material/labor
shortages over the past two years created additional challenges that continually tested the
team.
Throughout the entire construction effort, our ownership team was continually impressed with
your professionalism and “can do” attitude.

Thanks again for your incredible efforts to allow the successful completion of the Pancratia
Hall redevelopment, providing 74 units of deeply affordable housing for working families and
restoring this treasured historic landmark for the citizens of Denver. Our ownership team is
forever grateful foryour partnership on this project and the fabulous result of your team’s
hard work.

Sincerely,
PANCRATIA HALL PARTNERS LLC
Jim Hartman
Manager