Hospitality & Tourism  August 27, 2019

Two Louisville hotels sell for combined $20.4M

LOUISVILLE — The Residence Inn Boulder Louisville and the Courtyard Boulder Louisville recently traded hands for a combined $20.4 million.

The 88-room Residence Inn at 845 Coal Creek Circle sold for $8.1 million and the 154-room Courtyard at 948 W. Dillon Road sold for $12.3 million, Boulder County public records show.

The seller of both properties was RJL Lodging Trust, a Maryland hotel-centered real estate investment trust.

The buyer was an affiliate of Chicago-based investment group Singerman Real Estate LLC.

RLJ also bought Residence Inn by Marriott hotel in Longmont at 1450 Dry Creek Drive last month for $11.91 million.

The firm also owns a SpringHill Suites and Courtyard by Marriott in Longmont, and the Renaissance Boulder Flatiron Hotel in Broomfield.

LOUISVILLE — The Residence Inn Boulder Louisville and the Courtyard Boulder Louisville recently traded hands for a combined $20.4 million.

The 88-room Residence Inn at 845 Coal Creek Circle sold for $8.1 million and the 154-room Courtyard at 948 W. Dillon Road sold for $12.3 million, Boulder County public records show.

The seller of both properties was RJL Lodging Trust, a Maryland hotel-centered real estate investment trust.

The buyer was an affiliate of Chicago-based investment group Singerman Real Estate LLC.

RLJ also bought Residence Inn by Marriott hotel in Longmont at 1450 Dry…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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