Longmont, Loveland extended-stay hotels change hands
LONGMONT and LOVELAND — A pair of 100-plus room extended-stay hotel properties in Loveland and Longmont were traded last month.
The 109-room Home2 Suites by Hilton Longmont at 710 S. Sherman St. sold for $15.75 million, Boulder County property records show.
The seller was Longmont Development LLC, an entity registered to a Greenwood Village address by registered agent Keyur Naik, whose LinkedIn profile identifies him as the vice president of development at Baywood Hotels.
SPONSORED CONTENT
How dispatchable resources enable the clean energy transition
Platte River must prepare for the retirement of 431 megawatts (MW) of dispatchable, coal-fired generation by the end of the decade and address more frequent extreme weather events that can bring dark calms (periods when there is no sun or wind).
The buyer is listed as 710 S Sherman Street Owner LP, a holding company registered to the Irving, Texas, address of hospitality real estate investment company Highgate LLC.
The 121-room WoodSpring Suites Loveland fetched $13 million, Larimer County real estate records show.
Tallgrass Loveland I LLC, an affiliate of Tallgrass Holdings in Wichita, Kansas, was the seller and BSREP II WS Loveland LLC, a group registered to a post office box in Wichita, was the buyer.
© 2022 BizWest Media LLC
LONGMONT and LOVELAND — A pair of 100-plus room extended-stay hotel properties in Loveland and Longmont were traded last month.
The 109-room Home2 Suites by Hilton Longmont at 710 S. Sherman St. sold for $15.75 million, Boulder County property records show.
The seller was Longmont Development LLC, an entity registered to a Greenwood Village address by registered agent Keyur Naik, whose LinkedIn profile identifies him as the vice president of development at Baywood Hotels.
The buyer is listed as 710 S Sherman Street Owner LP, a holding company registered to the Irving, Texas, address of hospitality real estate investment company Highgate LLC.
The 121-room…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!