{"id":1004258828,"date":"2018-08-21T02:29:29","date_gmt":"2018-08-21T10:29:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004258828"},"modified":"2022-12-07T13:38:10","modified_gmt":"2022-12-07T21:38:10","slug":"denver-area-hotel-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/","title":{"rendered":"Denver-Area Hotel Changes Hands"},"content":{"rendered":"<p>By Laura Calugar<\/p>\n<div id=\"attachment_1004258843\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004258843\" data-attachment-id=\"1004258843\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/2018-rodeway-inn-estes-park-co_ascent\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg\" data-orig-size=\"900,602\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Gwebb&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;1&quot;}\" data-image-title=\"2018 Rodeway Inn Estes Park CO_Ascent\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg?w=900\" class=\"wp-image-1004258843 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg\" alt=\"Rodeway Inn\" width=\"300\" height=\"201\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg 900w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg?resize=300,201 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg?resize=768,514 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004258843\" class=\"wp-caption-text\">Rodeway Inn<\/p><\/div>\n<p>A Hotel Brokers International member brokered the sale of the 130-key Rodeway Inn in Estes Park, Colo. Ascent Real Estate worked on behalf of both the seller and the buyer in this transaction. The new owner plans a multimillion-dollar renovation, including rebranding the property. According to Larimer County records, a private individual sold the 1975-built hotel for $5 million. &nbsp;&nbsp;&nbsp;<\/p>\n<p>Located at 1701 North Lake Ave., across from Lake Estes and 4 miles east of the entrance to Rocky Mountain National Park, the hotel spans across more than 88,000 square feet. Rodeway Inn is minutes away from the area&#8217;s most popular attractions. More than four million tourists visit the region every year. &nbsp;<\/p>\n<p>Brett Morganti, managing broker at Ascent Real Estate, facilitated the deal. At the beginning of the year, another Hotel Brokers International member <a href=\"https:\/\/www.commercialsearch.com\/news\/chicago-area-hotel-changes-hands-for-5m\/\">closed the sale of Best Western Plus Hotel<\/a> and Conference Center in La Porte, Ind., for $4.5 million.<\/p>\n<p><em>Image courtesy of Ascent Real Estate<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ascent Real Estate facilitated the sale of Rodeway Inn in Estes Park. The area attracts approximately four million tourists each year due to Rocky Mountain National Park. <\/p>\n","protected":false},"author":238,"featured_media":1004258843,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1587,21751,21783,21742,15],"tags":[34738],"class_list":["post-1004258828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-denver","category-hotel","category-investment","category-latest","category-west","tag-hotel-brokers-international"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Denver-Area Hotel Changes Hands - 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\/denver-area-hotel-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Denver-Area Hotel Changes Hands\" \/>\n<meta property=\"og:description\" content=\"Ascent Real Estate facilitated the sale of Rodeway Inn in Estes Park. The area attracts approximately four million tourists each year due to Rocky Mountain National Park.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/\" \/>\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=\"2018-08-21T10:29:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T21:38:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"602\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura Valean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/\",\"name\":\"Denver-Area Hotel Changes Hands - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg\",\"datePublished\":\"2018-08-21T10:29:29+00:00\",\"dateModified\":\"2022-12-07T21:38:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/2018-Rodeway-Inn-Estes-Park-CO_Ascent.jpg\",\"width\":900,\"height\":602},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/denver-area-hotel-changes-hands\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Denver-Area Hotel Changes Hands\"}]},{\"@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\/2f8b737fce677cc406c08a2c29c1ff38\",\"name\":\"Laura Valean\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96\",\"caption\":\"Laura Valean\"},\"description\":\"Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. 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