Thursday, October 18, 2018

HFF announces the sale of Sheraton Denver Downtown Hotel

Sheraton Denver Downtown Hotel, 1550 Court Place,
 Downtown Denver, CO
Eric Tupler
DENVER, CO –– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of the Sheraton Denver Downtown Hotel, a 1,231-room, full-service hotel housed within a 1.9-million-square-foot mixed-use development in downtown Denver.

 The HFF team marketed the property on behalf of the seller, a partnership operated by The Chartres Lodging Group, LLC.  

A joint venture between High Street Real Estate Partners and Eagle Four Real Estate Partners acquired the asset.

 With its 1,231 rooms, Sheraton Denver Downtown Hotel is the largest hotel in Colorado by key count. 

 The hotel comprises the 22-story IM Pei Tower and an eight-story Plaza Building that houses 133,000 square feet of function space, including a 28,000-square-foot ballroom and 53 versatile meeting spaces; 31,915 square feet of retail space; a fitness center; outdoor heated rooftop swimming pool with cabanas and lounges and views of the Denver skyline; business center; and multiple food and beverage outlets, including 16Mix Bar, Yard House, Hacienda Colorado, Peet’s Coffee & Tea, Zoup! and the Sheraton Club Lounge. 

Tony Malk
 Located at 1550 Court Place, Sheraton Denver Downtown Hotel is in the heart of downtown Denver and along the 16th Street Pedestrian Mall, the most populous street in the Denver region.
The hotel is within a two-mile radius of about 48 million square feet of office space; the Colorado Convention Center; sports venues for MLB, NBA, NHL and NFL teams; award-winning cultural attractions; and three college campuses.

The HFF investment advisory team representing the seller included senior managing director Eric Tupler, managing directors Tony Malk and Scott Hall and associate Tyler Dumon.

“The sale of the Sheraton demonstrates the continued growth of the downtown Denver hotel market and the upside available for a new owner through renovation,” Tupler said. 

Scott Hall
 “We continue to see strength in the hotel capital markets for well-located hotels such as the Sheraton Denver that have a unique position in their respective submarkets,” Malk added.

The Chartres Lodging Group, LLC, is a hotel investment and asset management company with a long track record of achieving above-market investment returns. 

 Chartres Lodging focuses on creating value in every one of its projects, setting itself apart with an entrepreneurial and creative culture that maintains the focus and professionalism of more institutional hospitality asset management companies. 

 Employing a team with more than 100 years of combined experience in the hospitality industry and with team members directly invested in approximately 80 percent of the current portfolio, The Chartres Lodging Group is an owner and investment partner that gets results.  Learn more at

Tyler Dumon
High Street Real Estate Partners (formerly known as Five Star Realty Partners) is a real estate investment firm founded in 2006 by managing members William Hodges and Mark Elliott that focuses on high quality hotel and multifamily properties in urban in-fill and resort communities nationwide.  

With over 30 years of experience in the hospitality industry, High Street’s management team currently owns or operates over $650 million of assets 

Founded in 1996, Eagle Four Partners ("Eagle Four") is a Newport Beach, CA-based private equity group specializing in strategic real estate investments in hospitality, golf, and lifestyle residential assets.  

With a seasoned management team, Eagle Four has extensive hotel operating and repositioning experience.  Since its inception, Eagle Four has participated as the lead equity investor in more than $2 billion of real estate transactions including the purchase, renovation, repositioning, and disposition of Bacara Resort in Santa Barbara. 

Eagle Four’s current asset portfolio consists of independent resorts such as Balboa Bay Resort in Newport Beach, Paséa Hotel & Spa in Huntington Beach, Estancia La Jolla, Meritage Resort & Spa in Napa and Ko’a Kea Resort in Kauai along with Newport Beach Country Club.  Eagle Four's branded properties include AC Hotel New Orleans, AC Hotel Tempe and AC Hotel Irvine along with other branded hotels in California.


HFF Senior Managing Director
(303) 515-8000

HFF Managing Director
(310) 407-2100

HFF Managing Director
(858) 552-7690

HFF Digital Content/Public Relations Specialist
(713) 852-3420

Kelly Wilson Joins Ackerman & Co. as SVP in Retail Division

Kelly Wilson

ATLANTA, GA, Oct. 18, 2018 Strengthening its brokerage team, Ackerman Retail, a division of Ackerman & Co., has hired high-producing industry veteran Kelly Wilson as a senior vice president with a focus on leasing third-party properties.

Courtney Brumbelow

Kelly brings more than 30 years of retail, hospitality and restaurant experience to the full-service Ackerman Retail team.

 Her previous high-profile third-party leasing assignments in metro Atlanta include North Point MarketCenter, The Avenue lifestyle centers in East Cobb, West Cobb and Peachtree City, The Forum on Peachtree Parkway, Ashley Park and the recently 100% pre-leased Marietta Square Market Food Hall (opening in early 2019).

“With her wide-ranging experience in the retail sector, Kelly has established a successful track record on both the tenant and landlord side of the business,” said Leo Wiener, president of Ackerman Retail. “Her deep relationships with retailers, landlords and developers will be a great asset to us as we expand our third-party leasing capabilities.”

She joins Ackerman Retail from The Windsor Realty Group, where she started the third-party landlord representation platform. 

Brian Lefkoff

Kelly was also a senior leasing manager at Lennar Commercial, where she directed the third-party leasing of a 3-million-square-foot portfolio of Class A lifestyle and power centers. 

As senior vice president of leasing at Ben Carter Enterprises, she was instrumental in the launch of the Tanger Outlets shopping center in Pooler, Ga., and as director of retail leasing at Thomas Enterprises, she oversaw the leasing of more than 2 million square feet of lifestyle and power centers across the U.S.

In recognition of their contributions to the success of Ackerman Retail’s growing platform, senior vice presidents Courtney Brumbelow and Brian Lefkoff have been promoted to the roles of executive vice presidents for Ackerman Retail.
Leo Wiener

Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. 

The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired more than 37 million square feet of office, medical, industrial, retail and mixed-use space, has 8 million square feet under management and maintains an investment portfolio valued at $1 billion.

Ackerman Retail, a division of Ackerman & Co., offers a best-in-class services platform, delivering solid results for local and multi-market clients across the Southeast. To date, Ackerman Retail has completed nearly 10 million square feet of transactions. 

For more information, please visit 
and contact Steve Webb 

NAI Realvest Closes on Sale of Residential Land for Deer Run Estates in St. Cloud, FL

Veronica Malolos

Saint Cloud, FL – NAI Realvest, an Orlando-based real estate industry leader with a global footprint, has closed on the $1,050,000 sale of 31 acres of residential land at 4140 Hickory Tree Rd. in St. Cloud . 

Veronica Malolos Broker at NAI Realvest negotiated the sale on behalf of the sellers, Mony Nhim, Steven Nhim, Dara Chay, and Sokhim La of Buena Park , Calif.   
Frank Cawthon
Prominent Windermere developer Frank Cawthon, d/b/a FHC2, LLC is the buyer who owns the adjacent land with a master plan that combines both properties for a 55-acre community with 165 lots for single-family homes.   

Malolos said Deer Run Estates is the buyer’s 10th project in the Narcoossee corridor and with the new development Deer Run Road is slated to become a major east-west connector between Canoe Creek and Narcoossee Roads.


Veronica Malolos, Broker/Osceola County, NAI Realvest, 

Robin Webb, CCIM, CHA, CHB, CRB, CPM, MRICS, Managing Director, NAI Realvest, 407-875-9989;                                     

Larry Vershel or Beth Payan, Larry Vershel Communications 

Native Realty Expands with Addition of Hospitality Specialist John Brewer

John Brewer

FORT LAUDERDALE, FL –– Native Realty, the pioneering Fort Lauderdale commercial real estate firm led by Jaime Sturgis, has continued its aggressive growth with the addition of John Brewer.

Jaime Sturgis
The real estate agent brings vast hospitality experience to the firm, with a particular focus on creative restaurant and entertainment concepts.

A South Florida native, Brewer spent more than 20 years in the hospitality industry in New York, Los Angeles and Las Vegas – among other markets.

His work with notable bars, restaurants and nightclubs in those cities gave him first-hand experience with the kind of place-making that Native Realty is doing in Fort Lauderdale’s emerging neighborhoods.

 As a commercial real estate agent, Brewer has completed office, industrial and retail transactions. He has made a name for himself finding solutions for complex deals involving second-generation restaurant space.

Sara Dorfman

Brewer’s tenant representation in the restaurant sector includes Zona Fresca Fresh Mex and Bufarella La Pizza Di Napoli.

 Before joining Native Realty, Brewer worked with Azor Restaurant Advisors, Prakas & Co. and Park View Commercial Properties.

 “We are excited to welcome John to our growing team,” said Sturgis. “His energy, creativity and enthusiasm for creating the neighborhoods we all live, work and play in fit perfectly with the professionals here. 

Amanda Roy
"We continue to look for opportunities to add talented and dynamic agents who share our passion.”

 Earlier this year, Native Realty announced the additions of real estate agents Sara Dorfman and Amanda Roy. Dorfman specializes in multifamily, vacant land and office leasing, while Roy focuses on investment sales and leasing industrial and retail assets.

Native Realty is headquartered at 719 NE Second Ave. in Fort Lauderdale’s Flagler Village.


Eric Kalis
Account Director
O 954-370-8999
C 305-794-5123
Bank of America Plaza | 1776 N Pine Island Road

Marcus & Millichap Brokers $11.7 Million Sale of 108-Unit Osprey Landings Apartments in Daytona Beach, FL


Osprey Landings, 1756 South Clyde Morris Boulevard,
Daytona Beach, FL

Michael P. Regan
DAYTONA BEACH, FL, Oct. 18, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Osprey Landings, a 108-unit apartment property located in Daytona Beach, Fla., according to Ari Ravi, regional manager of the firm’s Tampa office.

The asset sold for $11,700,000.

Francesco P. Carriera and Michael P. Regan, investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a private investor.  

The buyer, a private investor, was also secured and represented by  Carriera and Regan.

“The buyer saw an opportunity to continue a proven interior upgrade in exchange for monthly rent premiums to the tune of $270-$300,” says Mr. Regan.

Osprey Landings is a 108-unit multifamily community located in Volusia County’s Daytona Beach, Fla.

Francesco P. Carriera
The property was built in 1985 and features a unit mix of 33 percent one-bedroom/one-bathroom units with 700 rentable square feet and 67 percent two-bedroom/two-bath units with 1,000 rentable square feet.

The community amenities include a basketball court, fitness center, picnic areas, scenic lakes views, tennis court and swimming pool. 

Osprey Landings is located at 1756 South Clyde Morris Boulevard in Daytona Beach, Fla.

Ari Ravi
Regional Manager, Tampa
(813) 387-4700

CHMWarnick’s Emily Wilson Receives ISHC Lori Raleigh Award for Emerging Excellence in Hospitality Consulting

From left: Kristie Dickinson, Emily Wilson and Lori Raleigh 

MIAMI, FL, Oct. 18, 2018: The International Society of Hospitality Consultants (ISHC) announced Emily Wilson as the recipient of the fourth annual Lori Raleigh Award for Emerging Excellence in Hospitality Consulting. 

Wilson was honored at the ISHC annual conference, held this year in Miami Beach, Fla. The guest of honor received a complimentary registration and travel allowance to attend the three-day event, including access to global hospitality experts featured throughout the conference program and exclusive ISHC member networking events.

 Wilson also was awarded a complimentary one-year Associate Membership to the ISHC to further professional relationships and continue experiencing all that the Society has to offer through events and interacting with top hospitality industry consultants from around the globe. 

“It is important to ISHC to recognize and encourage young talented individuals who are on the path to becoming future industry leaders," commented Andrea Belfanti, ISHC executive director.

Andrea Belfanti

"Emily’s achievements and success this early on in her career are quite impressive. We’re thrilled to have her join the ranks of the best of the best in hospitality consulting as an Associate Member of ISHC.” 

The award is named in honor of Lori Raleigh, who is well known as an advocate for continuing education in hospitality consulting and for supporting young talent with creative and passionate leadership. 

Raleigh is the founder of The Travers Group and served as the executive director of the ISHC from 2000 to 2013. She also contributed to two important industry texts, co-authoring Hotel Investments: Issues & Perspectives and serving as co-editor and contributing author of Hotel Asset Management: Principles and Practices.

Wilson is a vice president and asset manager at CHMWarnick, a global hotel asset management and owner advisory services firm. She is responsible for enhancing asset value on behalf of a wide range of property types and brands, with direct asset management responsibility for approximately $750 million in client investments. 

Lori Raleigh

She specializes in implementing strategies for optimizing performance of select-service hotels and large-scale convention properties and has identified significant value upside opportunities through revenue management and group booking strategies. 

Emily was named as one of “The Hotel Industry’s Top Rising Talent Under 30” by Hotel Management in 2014 and has authored several published articles on hotel ownership issues. 

Prior to joining CHMWarnick in 2013, Wilson worked in operations for Ocean Properties, where she held a variety of management positions within the front office and housekeeping departments, as well as served as a member of the task force team, where she served as an interim general manager. 

Wilson holds a Bachelor of Science degree in Hospitality Management from the University of New Hampshire and certificate in Hotel Real Estate Investments and Asset Management from Cornell University. 

Wilson is a member of the Hospitality Asset Managers’ Association and sits on the Advisory Board as the University Scholarship Coordinator for Come Unity, a non-profit organization that partners with East African communities to develop sustainable solutions to poverty.

“Being awarded the Lori Raleigh Award for Emerging Excellence from the esteemed members of the ISHC is quite an honor. 

"As women in hospitality, I feel it is our duty to build bridges for the next generation, which is exactly what this award stands to do. 

"Becoming a member of this close-knit organization will provide networking opportunities that I plan to leverage, not only for my career, but for the advancement of all women within the industry. 

"In my field of hotel asset management, I am often the only woman sitting in meetings. I’ve learned how to make my voice heard and my ideas respected, but I look forward to the day when the room is half filled with other women. 

"Since I’ve only worked in the industry for a decade or so, I look forward to decades to come and the changes we will make together.”


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Lauren Marshall, 
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Phone: 678-735-9453