The seven-story hotel is located in the heart of the Denver Tech Center, one of the Denver MSA’s prominent employment hubs and the largest office submarket outside of the Central Business District, with 8.8 million sq ft of Class-A space.
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This round was led by Evli Growth Partners and joined by growth capital investors and prominent European entrepreneurs, including Taavet+Sten, the investment firm of Wise’s founder Taavet Hinrikus and Sten Tamkivi, Flashpoint, and Supercell’s co-founder Mikko Kodisoja along with existing investors.
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Real estate developer Peter Freed of Freed Developments announces first-ever Freed Hotel and Residences tower located at Adelaide and Duncan, just west of University. This $800M skyscraper will bring both Katsuya by Sam Nazarian’s Disruptive Group by sbe and artwork by Japanese artist Takashi Murakami to Toronto.
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Spark GHC acquires the dual-branded, 289-key hotel
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Hilton (NYSE: HLT) announced a franchise agreement to open two resort properties under the Curio Collection by Hilton brand, managed and operated by Brown Hotels in Greece.
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The 300-key hotel spread over two acres will be a part of the well-planned aero-city development with retail and hospitality presence in the first phase.
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Caption by Hyatt Nashville Hotel Celebrates Topping Out
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Minor Hotels announced the continued expansion of its luxury Anantara brand in Oman with the upcoming development of a new resort in Bandar Al Khairan, Muscat. Located on the rugged Omani coast just 45 minutes from the capital, the new-build 121-key property is slated to launch in 2026.
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MCR has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds.
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The hotel has consistently generated strong rooms revenue, averaging $2,329,673 over the past six years, showcasing resilience even during challenging periods like the COVID-19 pandemic.
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