NY firm arranges Aspen loan
Financier Jordan Ray knows Aspen, even though he is based in New York City.
John RebchookMarch 15, 2016
Hotel company buys Union Square property for redevelopment
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Jill Jamieson-NicholsMarch 14, 2016
Investment sales volume hits $10.3 billion
Plentiful capital, attractive market fundamentals and low interest rates contributed to more than $10.3 billion in Denver commercial real estate transactions during 2015, and 2016 should be another solid year for investments, according to CBRE Inc.
CREJMarch 7, 2016
RidgeGate adds hotel options with Marriott TownePlace Suites
The second of three hotels planned for RidgeGate’s West Village in Lone Tree is slated to break ground this month and open in second-quarter 2017. Park Meadows TPP LLC, affiliated with San Antonio-based Propel Cos., purchased a 3.31-acre development site from Ridgegate Investments Inc. for $2.49 million, according to public records. It will develop a…
Jill Jamieson-NicholsFebruary 14, 2016
Designing for the Evolving Guest Experience
The emergence from the economic downturn has fueled a robust development cycle in Denver and in the state of Colorado. This is an exciting time for the hospitality industry as consumer trends are having an incredible influence on leading edge thinking. In general, people are becoming more discerning with their choices and the impacts of those choices. As a result, consumers are now expecting the hospitality companies they do business with to do the same. A collective shift in consumer values and behavior began several years ago and likely will continue to evolve. The hospitality industry has already started to
Building DialogueFebruary 10, 2016
Inverness Hotel a premier addition
Silverwest Hotels LLC’s growing list of hotels now includes a premier property in its own backyard. Silverwest’s multimillion-dollar acquisition of the Inverness Hotel and Conference Center, on behalf of Silverwest Hotel Fund(s) I/IA, represents the Denver-based company’s first asset in the Denver metro area. “To have an anchor asset like the Inverness to add to…
Jill Jamieson-NicholsDecember 14, 2015
Embassy Suites sets record price per key
CWI 2 acquired the Embassy Suites Denver - Downtown/Convention Center hotel, an institutional-quality, full-service property with 403 suites situated in one of the top five U.S. lodging markets by RevPAR growth. (PRNewsFoto/Carey Watermark Investors 2) The Embassy Suites by Hilton hotel across from the Colorado Convention Center eclipsed Denver’s previous record price per key with…
Jill Jamieson-NicholsNovember 30, 2015
Positive signs for future of hotel industry
Dave Johnstone Chief investment officer of hospitality, McWhinney, Denver Despite the volatile nature of the oil industry, the national economy has gotten back on track over the past five years, which has resulted in a change in consumer behavior across the country. With a stable economy, consumers are now making more money, which allows them…
Jennifer HayesNovember 29, 2015