Hospitality

Denver-based Alterra Mountain Company, a a community of 15 iconic year-round destinations, including the world’s largest heli-ski operation, is adding two new divisions to the company, Hospitality and Real Estate. These divisions will work in parallel with the Mountain Division, made up of the company’s 15 North American mountain destinations. …

Unico Properties has completed a $4 million renovation of the four-story, 71,216-square-foot Crystal Building along Boulder’s famed Pearl Street Mall. Avanti, a local food hall, recently opened its second location in the building. “Pearl Street Mall continues to be the social heartbeat of Boulder, and the Crystal Building has long been a …

Denver-based engineering consultant Kumar &Associates, Inc. (K+A) completed the construction materials testing and observation services for The Ranahan by Welk Resorts in Breckenridge at the end of 2019 for its opening in early 2020. The luxury vacation rental resort consists of an L-shaped, multi-story lobby/amenity building with two attached accommodations buildings. The site has a stand-alone meeting and maintenance building with associated …

Financial services firm D.A. Davidson & Co. has secured nearly $92 million of tax-exempt bonds to fund the development of Aurora Crossroads and High Point, two Westside Investment Partners projects located at the southeast corner of the high-profile intersection of I-70 and E-470 and at the intersection of E-470 and 64th Avenue in …

Brinkman Real Estate and Colmena Group celebrated the opening of Aloft at The Orchard Town Center in Westminster earlier this month. The limited-service five-story, 67,000-square-foot hotel has 120 guest rooms includes an outdoor pool, spa, full-service bar, meeting space, business center and fitness facility. “We’re thrilled to bring this key hospitality …

Integra Realty Resources (IRR), one of North America’s largest independent commercial real estate valuation and consulting firms, has released its Mid-Year U.S. Hospitality Report, which predicts that the U.S. Hospitality Market may not recover until late 2021 or early 2022. Julie Fugitt-Schultz, CCIM, director of Hospitality Valuation for Integra Realty …

On Aug. 21, Sage Hospitality Group, along with Walnut Development Partners and EXDO Development, celebrated the topping off of RiNo’s first extended-stay hotel development at 3770 Walnut St. and also announced the long-awaited name of the independent new concept: Catbird. The overall concept for Catbird, including the amenities and food and beverage …

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 …

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 …

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 …