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| The Ritz-Carlton, Denver, Downtown Denver, CO |
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| Eric Tupler |
DENVER, CO –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged $55.1 million in
refinancing for The Ritz-Carlton, Denver,
a 202-room, full-service, AAA Five-Diamond award-winning, luxury hotel in
downtown Denver, Colorado.
HFF worked on behalf of
the borrower, Pearlmark, to place the floating-rate loan with the Canadian
Imperial Bank of Commerce. Loan proceeds
will be used to refinance an existing loan.
A best-in-class hotel
since its 2008 opening, The Ritz-Carlton, Denver underwent $9.3 million in
capital improvements between 2013 and 2015.
The hotel features The
Ritz-Carlton Club Level® with dedicated concierge and continuous food service
throughout the day; Elway’s Restaurant, six-time winner of Wine Spectator’s
Award of Excellence; Forbes Four-Star award-winning The Ritz-Carlton Spa;
recently-renovated fitness center with adjacent salon; and access to the
adjacent TruFit Athletic club with lap pool, Olympic weights and an indoor
climbing wall.
Additionally, the hotel
offers 12,383 square feet of meeting and event space with access to the hotel’s
Event Concierge, Technology Butler® services and a catering and entertainment
team.
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| Daniel Peek |
Situated on .5 acres at
1881 Curtis Street, The Ritz-Carlton, Denver is in the epicenter of Denver’s
corporate and entertainment district.
Within walking distance from the hotel is Denver Union Station, with
access to the light rail, Colorado Convention Center, Coors Field, Pepsi
Center, Sports Authority Field at Mile High and more than 36.7 million square
feet of office space.
The HFF team representing
the borrower was led by senior managing director
Eric Tupler, senior managing director and head of HFF’s hotel group Dan Peek and managing director John Bourret.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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