Blackstone Buys Hilton Garden Inn

Major institutional investor Blackstone has made inroads into Denvers hotel market, picking up the 157-room Hilton Garden Inn at the Meridian Business Park in Englewood for an undisclosed sum. The property was sold by Apollo Global Management and Sage Hospitality, and was part of a portfolio of four--including Hilton Garden Inns in Orlando and Atlanta. Sage had just completed a $2.3M renovation in 2011. JLLs Mark Fair, Adam McGaughy,and Katy Reynolds brokered the sale.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Denver Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Escape Game, Game Show Experience Coming To RiNo: The Denver Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Conversions Ramp Up As New Report Calls For Resident-Led Downtown Denver Recovery

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error