NATIONAL REPORT—McWhinney and PMZ Realty Capital have recently completed hotel transactions. Here’s a look at the recent deals in Denver and Texas:
McWhinney Acquires Hotel Indigo in Downtown Denver
McWhinney, a Colorado-based real estate investor and developer with expertise in commercial, multifamily, hospitality, residential and mixed-use assets, has purchased Hotel Indigo Denver Downtown in Denver’s LoDo neighborhood. Terms of the transaction were not disclosed. The sale was brokered by Cushman & Wakefield Global Hospitality. Part of IHG Hotels & Resorts, the Hotel Indigo Denver Downtown is managed by Denver-based Sage Hotel Management, a Sage Hospitality Group company.
Located in the heart of downtown close to Denver Union Station, Hotel Indigo Denver has 180 guestrooms—all with hardwood floors, polished concrete ceilings, sliding barn doors and urban or mountain views. Amenities at the dog-friendly hotel include a fitness center, a 24-hour business center, 1,200 sq. ft. of event space and a bar and restaurant.
PMZ Realty Capital Arranges Acquisition Loan for La Quinta Inn by Wyndham
PMZ Realty Capital LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, has arranged an acquisition loan for the La Quinta Inn by Wyndham El Paso—Airport located in El Paso, TX. The property will be managed by Grapevine, TX-based DePalma Hotels and Resorts.
The 121-room La Quinta Inn by Wyndham has an outdoor pool, free WiFi, an on-site business center and complimentary breakfast. The La Quinta Inn by Wyndham is located off I-10, close to El Paso Airport. Guests have access to the El Paso Museum of Art, Franklin Mountains State Park and Don Haskins Center.