Denver Building Boom Reaches $4.2 Billion
Denver, CO – CBRE Research releases their latest Market Flash for the Denver construction market, which is reporting nearly $4.2 billion of commercial building in progress (excluding single-family residential, healthcare and infrastructure projects). Multifamily and hospitality projects are recorded as representing 74% of the total value. Graphic courtesy of CBRE Research
The New York Times features Denver’s Union Station
Denver finds itself in the spotlight once again; this time courtesy of The New York Times. Today’s article, “Denver’s Vintage Train Station Gets (Another) Update” highlights the opening of the RTD Train to DIA, the Great Hall, and the Crawford Hotel. Photo courtesy of Business Rewritten
Stonebridge Companies’ Developing Residence Inn in Boulder
Denver, CO — Stonebridge Companies is pleased to announce the development of a Residence Inn in Boulder, Colorado. Construction on the project, located at 2550 Canyon Boulevard, adjacent to Village Shopping Center, began recently and the hotel is anticipated to open late 2017. Boulder has experienced significant employment growth and …
Three Denver-Area Hotels Sold by Marcus & Millichap
Denver, CO – Marcus & Millichap has arranged the sale of three Marriott Fairfield Inn & Suites hotels in the Denver area. The portfolio contains a total of 225 rooms. “The hotels are all located in stable submarkets within the Denver metropolitan statistical area (MSA), which is one of the top-performing …
BMC Investments Announces Marriott Moxy Hotel in Cherry Creek
Denver, CO — BMC Investments (BMC) is pleased to announce the commencement of construction on the $35 million Marriott Moxy hotel in Cherry Creek North. The innovative Moxy hotel will provide a nontraditional hospitality experience, featuring a vibrant residential design and comfortable accommodations. The hotel will be a low cost …
Stonebridge Companies’ Renaissance Denver Downtown City Center Wins Marriott Hotel of the Year Award
Denver, CO — Stonebridge Companies is pleased to announce that its Renaissance Denver Downtown City Center hotel was recently honored by Marriott with the 2015 Hotel of the Year award for the Renaissance® brand in the western United States. This award recognizes full-service Marriott franchises for impressive results and success. …
Greeley Breaks Ground on Long-Sought $31M Hotel Project
View here A combination of municipal and private financing has finally made the $31 million Greeley hotel and conference center a reality after almost 20 years in the making. Hensel Phelps is the contractor and Johnson Nathan Strohe is the architect. Providence Hospitality Partners of Denver will manage the Double Tree …
Ritz-Carlton Denver Receives $55.1M Refinancing from HFF
DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announced this week that it has arranged $55.1 million in refinancing for The Ritz-Carlton, Denver, a 202-room, full-service, AAA Five-Diamond award-winning, luxury hotel in downtown Denver, Colorado. HFF worked on behalf of the borrower, Pearlmark, to place the floating-rate loan with the …
Hilton WorldWide Unveils New Midscale Brand: Tru by Hilton
Proactively envisioned multimedia based expertise and cross-media growth strategies. Seamlessly visualize quality intellectual capital without superior collaboration and idea-sharing. Holistically pontificate installed base portals after maintainable products.