{"id":1004152165,"date":"2016-09-12T06:53:53","date_gmt":"2016-09-12T14:53:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004152165"},"modified":"2021-05-14T21:20:59","modified_gmt":"2021-05-15T05:20:59","slug":"interwest-capital-acquires-chicago-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/","title":{"rendered":"Interwest Capital Acquires Chicago Hotel"},"content":{"rendered":"<div id=\"attachment_1004152186\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004152186\" data-attachment-id=\"1004152186\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/hotel-indigo\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png\" data-orig-size=\"1335,729\" 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=\"Hotel Indigo, Chicago\" data-image-description=\"&lt;p&gt;Hotel Indigo, Chicago&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Hotel Indigo, Chicago&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png?w=1024\" loading=\"lazy\" class=\"size-medium wp-image-1004152186\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png\" alt=\"Hotel Indigo, Chicago\" width=\"300\" height=\"164\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png 1335w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png?resize=300,164 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png?resize=768,419 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png?resize=1024,559 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004152186\" class=\"wp-caption-text\">Hotel Indigo, Chicago<\/p><\/div>\n<p><strong>Chicago\u2014<\/strong><a href=\"https:\/\/www.interwestcapital.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Interwest Capital Corp. <\/a>recently announced the acquisition of the historic Hotel Indigo located in the heart of Chicago&#8217;s Gold Coast area. The company has retained <a href=\"https:\/\/www.hhmhospitality.com\/\" rel=\"nofollow\">Hersha Hospitality Management <\/a>as manager of the property.<\/p>\n<p>The 12-story, 165-key property, formerly known as the Claridge Hotel, was built in 1923. Repositioned under the Indigo flag in 2005, the hotel offers meeting facilities, fitness studio, business center and a casual-chic eatery. The property is within walking distance from the Rush and Division Streets intersection, which offers a plethora of leisure and entertainment options. A $6 million renovation is set to commence in 2017.<\/p>\n<p>\u201cInterwest as a company has long targeted this submarket of Chicago and this hotel represents a unique opportunity for Interwest to make a long term investment in a capital starved asset, that we feel will only improve through the insertion of Hersha Hospitality Management and the upcoming hotel renovation in 2017,\u201d said Chris Meredith, director of acquisitions for Interwest, in a prepared statement.<\/p>\n<p><em>Image courtesy of ihg.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 12-story, 165-key property, formerly known as the Claridge Hotel, was built in 1923.<\/p>\n","protected":false},"author":1269,"featured_media":1004152186,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,21751,21783,13,21742],"tags":[],"class_list":["post-1004152165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-hotel","category-investment","category-midwest","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>Interwest Capital Acquires Chicago Hotel - 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\/interwest-capital-acquires-chicago-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Interwest Capital Acquires Chicago Hotel\" \/>\n<meta property=\"og:description\" content=\"The 12-story, 165-key property, formerly known as the Claridge Hotel, was built in 1923.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-12T14:53:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T05:20:59+00:00\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"headline\":\"Interwest Capital Acquires Chicago Hotel\",\"datePublished\":\"2016-09-12T14:53:53+00:00\",\"dateModified\":\"2021-05-15T05:20:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/\"},\"wordCount\":179,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/hotel-indigo.png\",\"articleSection\":[\"Chicago\",\"Deals\",\"Hotel\",\"Investment\",\"Midwest\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/\",\"name\":\"Interwest Capital Acquires Chicago Hotel - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/hotel-indigo.png\",\"datePublished\":\"2016-09-12T14:53:53+00:00\",\"dateModified\":\"2021-05-15T05:20:59+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/hotel-indigo.png\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/hotel-indigo.png\",\"width\":1335,\"height\":729,\"caption\":\"Hotel Indigo, Chicago\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/interwest-capital-acquires-chicago-hotel\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Interwest Capital Acquires Chicago Hotel\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/theeditorsofcommercialpropertyexecutive\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Interwest Capital Acquires Chicago Hotel - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/","og_locale":"en_US","og_type":"article","og_title":"Interwest Capital Acquires Chicago Hotel","og_description":"The 12-story, 165-key property, formerly known as the Claridge Hotel, was built in 1923.","og_url":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-09-12T14:53:53+00:00","article_modified_time":"2021-05-15T05:20:59+00:00","author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/"},"author":{"name":"the Editors of Commercial Property Executive","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb"},"headline":"Interwest Capital Acquires Chicago Hotel","datePublished":"2016-09-12T14:53:53+00:00","dateModified":"2021-05-15T05:20:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/"},"wordCount":179,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png","articleSection":["Chicago","Deals","Hotel","Investment","Midwest","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/","url":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/","name":"Interwest Capital Acquires Chicago Hotel - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png","datePublished":"2016-09-12T14:53:53+00:00","dateModified":"2021-05-15T05:20:59+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png","width":1335,"height":729,"caption":"Hotel Indigo, Chicago"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/interwest-capital-acquires-chicago-hotel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Interwest Capital Acquires Chicago Hotel"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/hotel-indigo.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004152165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1269"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004152165"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004152165\/revisions"}],"predecessor-version":[{"id":1004531657,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004152165\/revisions\/1004531657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004152186"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004152165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004152165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004152165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}