Republic Plaza, a 56-story office tower, was appraised at $298 million last month, down from $535 million the last time the building was valued in 2012.
Ride iQ won the top prize at Denver Startup Week’s pitch competition last year and is participating in the Boulder Accelerator program for tech startups.
Persistent inflation, rising interest rates and a growing tally of layoffs at big companies across the U.S. make it difficult to assess the economic forecast.