Rodeway Inn Hotel in Loveland Sells During COVID Shutdown
The Rodeway Inn, a 48-room hotel in Loveland, has sold for $2,875,000. The sale took place during the COVID-19 pandemic, which made the financing “extremely difficult,” according to Neville Rustomjee, first vice president investments at Marcus & Millichap’s Denver office. “Many SBA lenders will not finance new hotel acquisitions, and those …
Snowmass Resort Receives LEED Certification
The OZ Architecture designed Limelight Hotel in Aspen, Snowmass dubbed the “living room” of Snowmass, has given Snowmass Base Village the anchoring hotel and outdoor community gathering space it long needed. Earlier this year, the 99- room hotel joined the impressive list of buildings OZ has designed that meet the stringent standards of …
Colorado Ranch Resort Unveils 24 Luxury Homesites
After nearly 20 years of ownership, Bob and Suzanne Fanch, owners of award-winning mountain retreat Devil’s Thumb Ranch Resort & Spa in Tabernash, Colorado, are offering 24 custom homesites for purchase at the 6,500-acre luxury guest ranch located just minutes from Winter Park Resort. The new community known as “The Ranches at Devil’s …
Denver Street Closures Approved
Last week, the City and County of Denver announced that the Colorado Department of Public Health and Environment (CDPHE) approved of a series of variance requests that will allow for street closures and other measures that will ensure that businesses can open successfully while ensuring adequate physical distancing space for …
Broe Real Estate Group Launches $250M Strategic Investment Program
Denver-based real estate investment company Broe Real Estate Group (BREG), formerly announced last week the launch of its $250M BREG Strategic Investments Program to create expedited capital solutions for liquidity strained commercial real estate properties and ventures that are experiencing distress from COVID-19 related market disruptions. Broe’s Strategic Investments Program provides vital …
Punch Bowl Social Stapleton Announces Closure
Following a string of announcements of restaurant closures in Denver, the latest announcement hits extra hard. According to the Denver Post, Punch Bowl Social Stapleton will not reopen following its closure due to the coronavirus pandemic. Formerly the Stapleton air traffic control tower. the 32,000-square-foot restaurant and entertainment venue opened in …
Historic Tom’s Diner to be Redeveloped
KEPHART community :: planning :: architecture, Denver Land Company, and Owners Tom Messina and GBX Group LLC are moving forward with plans to revitalize Denver’s historic Tom’s Diner. The building will be transformed into a new inviting indoor/outdoor dining and entertainment venue. Since the 1960s, the Tom’s Diner building has been a symbol …
The Brown Palace Hotel Reopens
The Brown Palace Hotel & Spa, a legend among downtown Denver hotels since 1892—managed by HEI Hotels & Resorts and owned by Crescent Real Estate LLC reopened its doors on June 10, 2020, for the second time in its illustrious, 128-year history. In adherence with state and local regulations and guidance, …
Lowry’s Exchange at Boulevard One Tops Out
Development partners Confluent Development and Kelmore Development held their first virtual topping out event amidst the landscape of new COVID-19 protocols, celebrating the construction milestone for the commercial mixed-use redevelopment project in the heart of Denver’s revitalized Lowry neighborhood: Exchange at Boulevard One. Even amid COVID-19, the project’s initial phase …
Colorado Hotels to Let Go Hundreds of Employees
According to the Denver Post, many Colorado hotels will be forced to lay off hundreds of employees due to the state order limiting large group gatherings. Hotels include the Westin Denver Downtown, the Hyatt Denver, Westin Denver International Airport, the Ritz Carlton Denver and Bachelor Gulch, the Sheraton Denver Downtown, …