Denver Sheraton Four Points Sale Arranged
by Hotel Partners
NEWPORT BEACH, CA (19 December 1997): Russell D. Urban, executive
vice president and principal of Hotel Partners International, has confirmed
the sale of the Four Points by Sheraton in Denver, Colorado. This
195-room hotel was sold by CapStar Hotels, Inc. to Airport Hotel Management
for $4.425 million. Jack Carr of Hotel Partners' Newport Beach, CA
office represented the seller.
Points by Sheraton is located at 3535 Quebec Street in northeast
Denver, less than one mile from Interstate
70. The hotel operates within one of Denver's largest concentrations
of industrial parks, office complexes and hotels that was formerly the
home of Stapleton International Airport. This eight-story hotel was
flagged a Four Points in March 1996, after a complete renovation.
About Hotel Partners International Chicago-headquartered Hotel
Partners International is the world's premier hotel investment advisory
firm. Services provided to the hospitality investment community include
individual hotel and portfolio acquisition and disposition, debt and equity
financing and asset management. Hotel Partners has offices in Atlanta,
Boston, Chicago, Dallas, Hong Kong, Honolulu, London, Los Angeles, Miami,
New York, Singapore and Tokyo.
Jim Burba, Senior Vice President Business Development
Kurt Lindsey, Publicity Coordinator Marketing Associate
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