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Colorado real estate investor expanding hospitality portfolio with 123-room hotel located close to Denver International Airport 

DENVER, COLO. — May 15, 2017 — McWHINNEY, a Colorado-based real estate investor and developer with expertise in mixed-use, commercial, multi-family and hospitality assets – is pleased to announce that it recently expanded its hospitality portfolio with the acquisition of the 123-room Hyatt House Denver Airport Hotel.

Denver’s Sage Hospitality will manage the property. The purchase price was not disclosed.

Located just a short distance from Denver International Airport, the extended stay Hyatt House Denver Airport hotel features 123 contemporary and spacious guest rooms featuring pillow-top Hyatt Grand Beds and fully equipped kitchens. Hotel amenities include more than 1,000 square feet of meeting space, a heated indoor pool and hot tub, an outdoor grilling area and patio, a 24-hour Fitness Center and complimentary airport shuttle service.

McWHINNEY has been expanding its presence in the hospitality segment with several high-profile projects, including:

·      The Crawford Hotel at Denver Union Station – Denver, Colorado

o   McWHINNEY is a member of the Union Station Alliance, which oversaw the $54 million redevelopment of Denver Union Station, including the award-winning 112-room Crawford Hotel.

·      The Maven Hotel at Dairy Block – Denver, Colorado

o   McWHINNEY, Grand American Inc. and Sage Hospitality are redeveloping a prominent downtown Denver block in the historic Lower Downtown district (LoDo) into Dairy Block, a mixed-used redevelopment anchored by The Maven Hotel, a 172-room independent hotel that opened in late March 2017.

·      Courtyard by Marriott at Centerra – Loveland, Colorado

o   McWHINNEY announced earlier this month that it is partnering with Stonebridge Companies to build a new 101-room Courtyard by Marriott at Centerra, McWHINNEY’s award-winning master-planned community located in the heart of Northern Colorado in Loveland.

·      The AC Hotel Portland Downtown – Portland, Oregon

o   Opened earlier this year, McWHINNEY and Sage Hospitality co-developed a 13-story Marriott-branded hotel in the heart of downtown Portland that features 204 contemporary guest rooms.

·      The Elizabeth Hotel - Fort Collins, Colorado

o   McWHINNEY is currently co-developing The Elizabeth Hotel with Sage Hospitality, which will open later this year with 164 new hotel rooms.

McWHINNEY - which celebrated its 25th anniversary last year - is committed to launching new lifestyle communities, developing vibrant mixed-use places and crafting new retail concepts for local residents, employees and visitors to connect with and enjoy. For more information, please visit www.mcwhinney.com.

About McWHINNEY

McWHINNEY is a Colorado-based Real Estate Development firm with offices in Loveland and Denver, comprising a team of talented professionals who are passionate about creating great places and providing fabled experiences. Since 1991, McWHINNEY has planned and developed more than 6,000 acres of innovative and sustainable master-planned communities and more than 6.5 million square feet of vertical commercial and mixed-use properties throughout the Rocky Mountain region and the West Coast. Over the years, McWHINNEY has been recognized for significant real estate development contributions, including being named Colorado’s “Developer of the Year” by the National Association of Industrial and Office Properties (NAIOP), winner of the Urban Land Institute’s (ULI) Global Awards for Excellence, The Denver Business Journal (DBJ) Real Estate Champions – Catalyst Award for Denver Union Station and the Development Deal of the Year for Denver Union Station by NAIOP. McWHINNEY has been ranked 11 and 13 on the list of the Best Small and Medium-Sized Companies to work for in America.

For additional information, visit www.mcwhinney.com.

Contact: Keo Frazier

keo.frazier@mcwhinney.com

About Sage Hospitality

Founded in 1984, Denver-based Sage Hospitality is an industry leading hotel and restaurant management company, real estate investor and hospitality brand developer. Sage is known for outstanding relationships with major hotel brands and creating places that people want to go to, not through, including 10 unique restaurant concepts by Sage Restaurant Group and independent luxury properties by Sage Hotels. 

For more information visit www.sagehospitality.com

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