An office landlord in Centennial denies pocketing a quarter million dollars in inadvertent rent from a real estate tech firm and is suing the ex-tenant for not paying enough rent.
Hoehn Management Group owns Highland Place I at 8085 S. Chester St. in Centennial and is poised to purchase the neighboring and distressed Highland Place II. In August, it was sued for $750,000 by a former tenant of Highland Place I, California’s Yardi Systems Inc.
Yardi, which creates phone apps that help tenants monitor rent payments, says it accidentally paid $15,000 in rent for 16 consecutive months after closing its local offices in 2023.
“While Yardi correctly did not send payment in October 2023, it, due to inadvertence, sent payments to Hoehn each month from November 2023 to February 2025 in the amount