Alpental Capital
Alpental Capital Acquires 187-Room DoubleTree Leominster in Massachusetts
Alpental Capital | January 16, 2024
Alpental Capital (“Alpental”), a hospitality investment group with offices in Colorado and Washington, announced the acquisition of the full-service DoubleTree by Hilton Leominster, Massachusetts in late December 2023. Located just off I-190, the DoubleTree Leominster provides both business and leisure travelers convenient access to nearby businesses, attractions, and outdoor recreation throughout the Leominster-Fitchburg area. The hotel boasts 187 spacious guest rooms, nearly 15,000 square feet of modern meeting space, an indoor pool and fitness center, and an on-site restaurant and bar. Alpental plans to invest in significant propert...
Alpental Capital, Solid Rock Group, and Taconic Capital Advisors Complete Sale of Sheraton Denver Tech Center for $16.2M
Alpental Capital | January 5, 2023
Alpental Capital, Solid Rock Group, and Taconic Capital Advisors jointly announced the sale of the Sheraton Denver Tech Center for $16.2 million. The 263-room hotel located in Greenwood Village, CO last sold for $9.2 million as part of a bankruptcy auction in June 2021. The partnership completed an extensive capital improvement plan and reopened the hotel in August 2021, after being closed by the previous owner in March 2020. “We are proud to see this investment through its lifecycle from acquisition to disposition, despite the broader economic and capital markets headwinds. The transaction represents one of the few hotel investments suc...
Alpental Capital, Solid Rock Group, and Taconic Capital Acquire The Sheraton Denver Tech Center
Alpental Capital | July 14, 2021
Alpental Capital, Solid Rock Group, and Taconic Capital together have announced the acquisition of the Sheraton Denver Tech Center, a 263-room hotel located in Greenwood Village, CO. The partnership purchased the Sheraton as part of the bankruptcy auction of Singapore’s Eagle Hospitality Trust, that involved the sale of 14 properties total hotels for a price of $481.9 million. The Sheraton has been closed since March 2020, when COVID began to impact the hotel industry, and has remained closed through the prior owner’s bankruptcy process. The Sheraton’s new ownership group plans to reopen the hotel in August 2021 and occupancy is ...
Alpental Capital Acquires Courtyard Atlanta Airport West
Alpental Capital | July 1, 2021
Alpental Capital (“Alpental”), a Denver-based hotel investment group, announced the acquisition of the Courtyard Atlanta Airport West and has selected Providence Hospitality Partners to manage the hotel. The 128-room hotel is located in East Pointe, Georgia, three miles from Hartsfield-Jackson International Airport and just a 10-minute drive from downtown Atlanta. The hotel recently completed an extensive $1.6m guestrooms renovation in 2018-2019, and Alpental has continued capital improvements planned for the property to further enhance the guest experience. In addition to the recently renovated guestrooms, the four-story hotel fea...
