Crescent Acquires Element Basalt Aspen Hotel
Element Basalt Aspen, a 113-key extended-stay hotel in Basalt near Aspen, has sold to Crescent Real Estate LLC (Crescent). JLL represented the seller, Silverwest Hotels, LLC, and procured the buyer. JLL also secured acquisition financing for the buyer. A sale price was not disclosed. Jason Anderson, Co-CEO of Crescent stated, “Crescent is extremely pleased to announce the […]
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