{"id":1004131019,"date":"2015-11-09T08:07:34","date_gmt":"2015-11-09T16:07:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004131019"},"modified":"2020-05-12T00:11:58","modified_gmt":"2020-05-12T08:11:58","slug":"embassy-suites-hotel-changes-hands-in-downtown-denver","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/embassy-suites-hotel-changes-hands-in-downtown-denver\/","title":{"rendered":"Embassy Suites Hotel Changes Hands in Downtown Denver"},"content":{"rendered":"<p><em>By Ioana Neamt, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004131026\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/ES_hotelexterior01_2_712x342_FitToBoxSmallDimensionSmallDimension_Center.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004131026\" data-attachment-id=\"1004131026\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/embassy-suites-hotel-changes-hands-in-downtown-denver\/es_hotelexterior01_2_712x342_fittoboxsmalldimensionsmalldimension_center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/ES_hotelexterior01_2_712x342_FitToBoxSmallDimensionSmallDimension_Center.jpg\" data-orig-size=\"712,342\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"ES_hotelexterior01_2_712x342_FitToBoxSmallDimensionSmallDimension_Center\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/ES_hotelexterior01_2_712x342_FitToBoxSmallDimensionSmallDimension_Center.jpg?w=712\" class=\"wp-image-1004131026 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/ES_hotelexterior01_2_712x342_FitToBoxSmallDimensionSmallDimension_Center.jpg\" alt=\"Embassy Suites by Hilton Denver - Downtown\/Convention Center\" width=\"300\" height=\"144\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/ES_hotelexterior01_2_712x342_FitToBoxSmallDimensionSmallDimension_Center.jpg 712w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/ES_hotelexterior01_2_712x342_FitToBoxSmallDimensionSmallDimension_Center.jpg?resize=300,144 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004131026\" class=\"wp-caption-text\"><em>Embassy Suites by Hilton Denver &#8211; Downtown\/Convention Center<\/em><\/p><\/div>\n<p><a href=\"https:\/\/www.careywatermark2.com\/\" rel=\"nofollow\" target=\"_blank\">Carey Watermark Investors 2<\/a> (CWI 2), a non-traded REIT based in New York City, has recently acquired the 403-key <a href=\"https:\/\/embassysuites3.hilton.com\/en\/hotels\/colorado\/embassy-suites-by-hilton-denver-downtown-convention-center-DENESES\/index.html\" rel=\"nofollow\" target=\"_blank\">Embassy Suites by Hilton Denver \u2013 Downtown\/Convention Center<\/a> hotel.<\/p>\n<p>Located directly across the Colorado Convention Center at 1420 Stout St., the 17-story hotel boasts 26,000 square feet of meeting space, 185 underground parking spaces, a full-service restaurant and bar, indoor swimming pool and fitness center, and a Starbucks caf\u00e9. The full-service Embassy Suites opened in December 2010 and was the first LEED Silver certified hotel in the Mile-High City.<\/p>\n<p>CWI 2 plans to undertake a guest room soft goods renovation starting in late 2016. <a href=\"https:\/\/www.sagehospitality.com\/\" rel=\"nofollow\" target=\"_blank\">Sage Hospitality<\/a> of Denver will continue to act as property manager for the hotel.<\/p>\n<p>\u201cThe acquisition of the Embassy Suites by Hilton Denver \u2013 Downtown\/Convention Center allowed us to add a well-located, institutional-quality, full-service property in a strong market to the CWI 2 portfolio,\u201d Michael Medzigian, CEO of CWI 2, said in a statement. \u201cGiven the historical strength of the Denver market, as well as the development pipeline for office, residential and retail uses, we are confident that Denver will continue to be one of the country\u2019s leaders in terms of RevPAR growth.\u201d<\/p>\n<p><em>Image courtesy of E<a href=\"https:\/\/embassysuites3.hilton.com\/en\/index.html\" rel=\"nofollow\" target=\"_blank\">mbassy Suites by Hilton Denver &#8211; Downtown\/Convention Center<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 403-key Embassy Suites hotel in downtown Denver has found new ownership in Carey Watermark Investors.<\/p>\n","protected":false},"author":192,"featured_media":1004131026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1587,21751,21742],"tags":[],"class_list":["post-1004131019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-denver","category-hotel","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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