Two office towers owned by affiliates of Denver-based real estate firm Toma West have filed for bankruptcy.

The Orchard Falls building at 7800 E. Orchard Road in Greenwood Village filed for Chapter 11 protection Sept. 19. Five days later, the tower at 700 17th St. in downtown Denver did the same.

Toma West founder and President Kenneth Grant said in an email that Chapter 11 “is a way of trying to come to an agreement thru the justice system when the banks don’t agree.”

“You know better than most how bad the market is and has been,” he told BusinessDen.

In the case of Orchard Falls, the building filed for bankruptcy the same day that a lender asked a judge to appoint a receiver — Thomas Dwyer of Transwestern Property Co. — to oversee the property.

Grant said the simultaneous filings we

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