Patricia A. Gage, CRE
Patricia (Patty) Gage, CRE has worked as a developer, lender, and contractor in commercial real estate for over 30 years. Her career has focused on the Denver market, working on major new urbanist redevelopment, public/private partnerships, and senior debt on all property types. In 2018, she joined RE | Solution as Principal. She is responsible for the firm’s advisory services in the areas of financial analysis, project funding, public-private partnerships, and development planning. Patty manages RES’ Financial practice.
Patty managed the real estate and public finance businesses at Cobiz Financial, a $4 billion regional banking institution, for 10 years prior to joining RE | Solution. Her $1 billion portfolio and staff of 30 made significant contributions to the bank’s bottom line. The portfolio was centered in Colorado and Arizona. Prior to joining Cobiz, Patty served in executive positions with Continuum Partners (a large, Denver-based mixed-use developer) and Bank One (now JP Morgan Chase). Her responsibilities have included development; capital procurement; banking and investor relationships; global capital planning; loan origination; loan portfolio management; project management; and asset management.
In her development roles, she worked closely with design and entitlement teams to create financially feasible solutions. Patty has secured more than $750 million in financing for land acquisition and construction, including public TIF and PIF financing along with conventional debt and equity. Within her banking career, Patty has been responsible for significant portfolios of real estate loans and municipal bonds. She spent 10 years in the general contracting industry, serving as project manager for a variety of public and private projects.
Patty earned an MBA in real estate finance and construction management from the University of Denver and holds two undergraduate degrees from Black Hills State University in South Dakota. She currently serves as Chair of the Board of Commissioners for the Denver Urban Renewal Authority (DURA); is a member and former Chair of the ULI Public-Private Partnership Council; and is a member of the Counselors of Real Estate.