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Holliday Fenoglio Fowler, L.P. reports it arranged $110 million in financing for the 310,055-square-foot project that includes the 200-key Kimpton Hotel Born; a 54,976-square-foot, Class A five-story office building with ground-level retail space and a 197-space parking garage in Downtown Denver.
The sale of the property between a private investor and owner operator and the new owner, a Chicago-based private equity firm, was reported by brokerage firm Marcus & Millichap.
Autonomous vehicles already exist, and real estate companies should be thinking about how to adapt their assets to rapid changes that are coming as a result.
Michael Newman, principal, president and CEO of Golub & Co. <b>EXCLUSIVELY</b> discusses the company's new office in Denver and its plans for investment in the Western region.
The Chicago-based industrial real estate firm states it has commenced phase one of the development, which includes construction of a 555,840-square-foot state-of-the-art logistics center.
The 1,500-room hotel and convention center located less than 10 minutes from the Denver International Airport and 25 minutes from downtown Denver is expected to begin operations in the fourth quarter of this year.
The portfolio consists of 461 rooms and will be managed by RHG. With the acquisition of the portfolio, Real Hospitality Group increases its portfolio of owned and managed assets to 105 hotels in 16 states.