Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect Daily to stay informed and save time. Connect Daily is our email publication that provides you with the latest and most relevant CRE stories of the day all in 150 words or less.

Sub Markets

Property Sectors


Phoenix & Southwest  + Southwest  + Hospitality  | 

Dual-Branded Denver Hotel Property Sells for $87M

Noble Investment Group acquired the 302-room, dual-branded Hampton Inn & Suites Downtown Denver and Homewood Suites by Hilton Downtown Denver. The seller and sales price were not disclosed; local media reported that the seller, Carey Watermark Investors Inc., sold the property at 550 15th St. for $86.6 million.

In addition to the guest rooms, the property offers a shared fitness center, indoor pool and whirlpool, cocktail boar and more than 7,000 square feet of meeting space.

“We are pleased to be acquiring these best-in-class hotels in one of the most dynamic markets in the United States which provide an opportunity to add value through a targeted renovation and enhancement,” said Ben Brunt with Atlanta-based Noble Investment.

The hospitality property, Denver’s first dual-branded, opened in 2013, and is a redevelopment of the former Xcel Energy headquarters.

Read more at PR Newswire

Connect With Noble Investment

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

  • ◦Sale/Acquisition