{"id":1004113521,"date":"2015-02-16T15:14:02","date_gmt":"2015-02-16T23:14:02","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=325730"},"modified":"2022-12-05T23:38:04","modified_gmt":"2022-12-06T07:38:04","slug":"davidson-hotels-silverpeak-real-estate-acquire-499-key-hyatt-regency-in-indianapolis","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/davidson-hotels-silverpeak-real-estate-acquire-499-key-hyatt-regency-in-indianapolis\/","title":{"rendered":"Davidson Hotels, Silverpeak Real Estate Acquire 499-Key Hyatt Regency in Indianapolis"},"content":{"rendered":"<p><em>by Adriana Pop, Associate Editor <\/em><\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/02\/Hyatt-Regency-Indianapolis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-325737\" title=\"Hyatt Regency Indianapolis\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/02\/Hyatt-Regency-Indianapolis.jpg\" alt=\"\" width=\"300\" height=\"204\" \/><\/a>Georgia-based Davidson Hotels &amp; Resorts has joined forces with Silverpeak Real Estate Partners of New York to acquire the iconic 22-story Hyatt Regency in downtown Indianapolis from Hyatt Hotels Corpn. Terms of the deal were not disclosed.<\/p>\n<p>The 499-room property, which ranks as the city&#8217;s fourth largest hotel, was built in 1977 and underwent a $20 million renovation in 2012.<\/p>\n<p>Located at One S. Capitol Ave., Hyatt Regency Indianapolis offers easy access to a variety of local attractions, including the Children\u2019s Museum of Indianapolis, Conner Prairie Interactive History Park and the Indianapolis Motor Speedway. It is also connected\u00a0to the PNC Center via an atrium and to the Indianapolis Convention Center, Lucas Oil Stadium, Circle Center Mall and the Arts Garden via climate controlled walkways. Amenities include more than 35,000 square feet of meeting space, indoor swimming pool, 24-hour fitness center, bicycle rentals and several dining options, including the rotating Eagle&#8217;s Nest rooftop restaurant.<\/p>\n<p>Davidson, which will also operate the hotel, is planning to further upgrade the guest rooms, lobby, meeting space, as well as the food and beverage outlets. The property will be the ninth Hyatt-branded lodging facility the company has under its management.<\/p>\n<p>\u201cDavidson has enjoyed a long and successful relationship with Hyatt, and that familiarity will ensure a seamless transition of ownership and management,&#8221; John Belden, Davidson\u2019s president and CEO, said in a prepared statement.<\/p>\n<p>Davidson operates one of the highest quality portfolios in the industry. With 39 high-end properties under its management, the company is a trusted partner and a preferred operator for Marriott, Hilton, Hyatt and Starwood Family hotels.<\/p>\n<p>Silverpeak is a diversified real estate investment manager with more than $14 billion of real estate assets under its management across the U.S.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Georgia-based Davidson Hotels &amp; Resorts has joined forces with Silverpeak Real Estate Partners of New York to acquire the iconic 22-story Hyatt Regency in downtown Indianapolis from Hyatt Hotels Corporation. Terms of the deal were not disclosed.<\/p>\n","protected":false},"author":260,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1590,21742],"tags":[],"class_list":["post-1004113521","post","type-post","status-publish","format-standard","hentry","category-indianapolis","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Davidson Hotels, Silverpeak Real Estate Acquire 499-Key Hyatt Regency in Indianapolis - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/davidson-hotels-silverpeak-real-estate-acquire-499-key-hyatt-regency-in-indianapolis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Davidson Hotels, Silverpeak Real Estate Acquire 499-Key Hyatt Regency in Indianapolis\" \/>\n<meta property=\"og:description\" content=\"Georgia-based Davidson Hotels &amp; Resorts has joined forces with Silverpeak Real Estate Partners of New York to acquire the iconic 22-story Hyatt Regency in downtown Indianapolis from Hyatt Hotels Corporation. 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