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 ...