Hotel Teatro Refi'd

DiNapoli Capital Partners has refi'd a historic Downtown Denver hotel with the help of Mesa West Capital financing. The firm purchased Hotel Teatro, a 100-room early 1900s-era hotel across the street from the Four Seasons Denver. DiNapoli bought the hotel in 2006 and refinanced with $22.5M in mortgage debt to fund further renovation plans, officials say. CBRE's Brad Zampa and Nathan Elliott brokered the financing deal.

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

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

Oil Company Expands Again At Cash Register Building

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines