GREENWOOD VILLAGE, CO—The 263-guestroom, full-service hoteloperated as Sheraton Denver Tech Center has beensold.
HREC Investment Advisors arranged for theseller. The selling investment group consisted of funds affiliatedwith Varde Partners, Inc., a global alternativeinvestment firm; Waramaug, a Florida basedinvestor and Interstate Hotels. The HREC Team onthe transaction included Mike Dube (VP - Denver),Geoff Davis, president and senior principal, NYC, and Mike CahillCEO and founder, Denver.
“We are very pleased to bring what was our first investmentproperty with Varde and Interstate to a highly successful endresult," said Paul Nussbaum, CEO of Waramaug.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
