Rockbridge, Aparium acquire the Heathman Hotel

Rockbridge and Aparium Hotel Group have acquired the Heathman Hotel in downtown Portland, OR, with Aparium assuming management of the property.

The hotel currently features a lobby library lounge and more than 3,800 sq. ft. of meeting space, including a second-floor mezzanine. A comprehensive renovation and repositioning of the property will include a new flagship ground-floor restaurant and bar along with an additional bespoke cocktail bar.

“As our first property in the Pacific Northwest and complementing our project under construction in Seattle, the Heathman Hotel is a great addition to our expanding hotel portfolio and underscores our commitment to building memorable stays and cultural connectivity in distinct markets with incredible creative capital, strong personalities and rich histories,” said Mario Tricoci, founder/CEO, Aparium Hotel Group. “We look forward to ushering the Heathman Hotel into a new era while collaborating in many forms with creatives and makers in Portland to infuse Aparium’s philosophy of Translocal Hospitality.”

Opened in 1927, the hotel is home to the only cataloged guest-lending library in the Pacific Northwest, featuring books signed by guest authors. It is a block away from the Portland Performing Arts Center.

“We love to invest in beloved, historic hotels like the Heathman,” said Jimmy Merkel, cofounder/CEO, Rockbridge. “What makes this even more special is partnering with Mario and the Aparium team to restore this Portland icon to its former glory as the city continues to rebound.”