Court Delays El Jebel Shrine Building Auction
A Denver judge has pushed the auction of the historic Uptown property to 2027 to allow for settlement negotiations.
Updated on Oct. 15, 2026 in Commercial
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Denver District Court Judge A. Bruce Jones has delayed the auction of the historic El Jebel Shrine building and its adjacent parking lot by four months. The move provides time for the current property owner and the lender to negotiate a resolution regarding their ongoing financial dispute.
Why it matters
The four-month delay shifts the timeline for the future of the notable Uptown property located at 1770 Sherman St. This pause offers a window for the owner to manage loan and tax lien obligations while avoiding an immediate forced sale.
The auction for the property at 1770 Sherman St. is now delayed by four months following the recent court order. This extension moves the potential sale date to 2027, providing a temporary reprieve from the auction previously set for late 2025.
The players
A. Bruce Jones
A Denver District Court Judge responsible for overseeing legal proceedings related to the property auction.
Robert Lubin
A California attorney who serves as the manager for the two LLCs that currently own the El Jebel Shrine property.
Fairbridge Strategic Capital
The lender involved in the ongoing financial dispute concerning the El Jebel Shrine building.
The details
The delay allows the property owner, represented by two LLCs managed by California attorney Robert Lubin, to continue applying cash toward existing loan and tax lien obligations. During this four-month period, the owner and lender, Fairbridge Strategic Capital, are tasked with reaching a settlement to resolve the underlying dispute. Should negotiations fail to produce a solution, the auction remains the projected outcome for 2027.
Timeline
Fall 2025: The court originally approved the planned auction of the site.
October 2026: Judge A. Bruce Jones officially delayed the sale by four months.
2027: The earliest date the rescheduled auction will occur.
The Home Front
This extension disrupts the previously established timeline for the disposition of a prominent Uptown commercial site. Such legal pauses are common in commercial real estate disputes where owners seek to settle debts before a total loss of property control occurs.
Local residents and businesses near Uptown should monitor the status of the 1770 Sherman St. site as legal negotiations continue over the coming months. If you have concerns about the impact of this property status on neighborhood traffic or development, contact your local Denver city planning office.
The takeaway
The court-ordered delay provides a final window for the owner to reach a settlement before the site potentially hits the auction block. Property stakeholders should watch for official court filings in 2027 to see if a resolution is reached or if the auction proceeds.
Further reading
Learn more about local property developments in Denver Commercial.
Source note: This article includes information reported by BusinessDen.
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