Sheraton Denver Downtown

Joint venture buys Sheraton Denver Downtown Hotel

Denver HS-EF Court Place, LLC, a joint venture between Atlanta-based High Street Real Estate Partners and Eagle Four Partners of Newport Beach, California, has acquired the Sheraton Denver Downtown Hotel, the largest hotel in Colorado. Located on the 16th Street Mall, in the heart of Denver’s financial and business district, Sheraton Denver Downtown consists of 1,231…

CREJ

October 9, 2018
Vib

TWC to bring new Vīb to River North Art District

TWC Management will develop Colorado’s first Vīb hotel in Denver’s River North Art District. Vīb is a locally inspired boutique hotel concept by Best Western Hotels & Resorts. The six-story Denver hotel will be located at 3560 Brighton Blvd. and will offer 112 rooms plus amenities focused on convenience, technology and social engagement. “The creativity,…

Jill Jamieson-Nichols

September 30, 2018
Homewood Suites by Hilton Denver Tech Center

Silverwest plans renovation to Homewood Suites DTC

Denver-based Silverwest Hotels LLC has acquired the Homewood Suites by Hilton Denver Tech Center, which is next door to its Hilton Denver Inverness. The Homewood Suites DTC is a 113-suite property at 199 Inverness Drive West in Englewood. It is the 10th property Silverwest has acquired since its founding in 2013 and its fifth Hilton-affiliated…

Jill Jamieson-Nichols

September 9, 2018
the source

The Source Hotel: Taking concrete to the next level in RiNo

In the booming RiNo Art District northeast of downtown Denver, The Source Hotel’s Nordic-meets-industrial design is a sleek, stark and ultimately apt counterpoint to the historic foundry-turned-food hall of the same name next door. 

Building Dialogue

September 9, 2018

Westmont Hospitality acquires DIA Embassy Suites for $49.5 million

Denver County Property Location: 7001 Yampa St., Denver Embassy Suites Property Description: 174 (renovated, two-room) hotel suites within six-story hotel, 174,550 sf, YOC 2002, renovated 2016, 24-hour fitness center, 4,000-sf ballroom Land Size: 4.29 acres Sales Price: $49.54M, or $283.81 psf, or $284,705 per unit Reception No.: 2018097857 Closing Date: 8/1 Grantor: AP/AIM DIA Suites LLC, c/o Blackstone…

John Winslow

September 4, 2018

Land adjoining Gaylord Rockies hotel snagged for $45 million

Adams County (First Transaction) Property Location: SWC E. 64thAvenue & Picadilly Road, Aurora Property Description: Vacant land Land Size: 500 acres Sales Price: $30M, or $60,000 per acre Reception No: 64184 2018 Closing Date: 8/7 Grantor: 64thHoldings LLC (Rodrick Weimer, mgr.) Grantee: Painted Prairie Owner LLC, c/o PCCP LLC, c/o Pacific Coast Capital Partners, James Nearon, SVP…

John Winslow

August 28, 2018
The Ritz-Carlton, Denver

Xenia Hotels & Resorts acquires Ritz-Carlton for $100.25 million

Xenia Hotels & Resorts Inc. has acquired The Ritz-Carlton in downtown Denver for $100.25 million, or approximately $496,000 per key. "We are excited to have added a premier luxury hotel in one of our long-term core markets to our portfolio," said Marcel Verbaas, chairman and chief executive officer of Xenia. "As one of the few…

Jill Jamieson-Nichols

August 27, 2018

Denver sees more than $5 billion in 83 development projects

More than $5 billion in commercial real estate projects have been completed over the last five years or are under construction in downtown Denver, the Downtown Denver Partnership announced in releasing its annual Downtown Denver Development Map Tuesday morning. The investment consists of nearly 10,000 new residential units, more than 4 million square feet of…

Jill Jamieson-Nichols

June 19, 2018
Spirit at the River

Spirit Hospitality brings new life to river with hotel, steakhouse

A 4.37-acre site along the Cache la Poudre River in Fort Collins will come to life with a new hotel and restaurant. Spirit Hospitality recently received city approval to develop a 107-room Staybridge Suites and Johnny’s Italian Steakhouse at 301 E. Lincoln Ave., just east of downtown and next to Woodward Inc.’s World Headquarters. The…

Jill Jamieson-Nichols

June 9, 2018
brown palace

Crescent buys Brown Palace for $125.35 million

Crescent Real Estate LLC has acquired Denver’s legendary Brown Palace Hotel and Spa and the adjacent 231-room Holiday Inn Express, which is part of the Brown Palace complex. The price wasn’t released, but Denver County records show the hotels sold for $125.35 million. The 241-room Brown Palace and Holiday Inn Express are located at 321…

Jill Jamieson-Nichols

June 8, 2018