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 DENVER,
Colo. (January 5, 2007) - DiNapoli Capital Partners of Los Angeles, Calif.,
announces the acquisition of Denver�s Hotel Teatro. Occupying a prime location
in downtown Denver, Hotel Teatro is a 111-room luxury boutique hotel that
neighbors Larimer Square and �LoDo.� They acquired the property from
Michael Brenneman and Jeff Selby, who had the foresight to turn the Tramway
Tower into a luxury hotel and to assemble the management team that made
Hotel Teatro one of the most respected boutique hotels in the country.
�We are excited to add Hotel Teatro to our portfolio of luxury hotels,� said Matthew DiNapoli, chief executive officer of DiNapoli Capital Partners. �Hotel Teatro is a beautiful hotel that has received many accolades over the past few years and has earned its place as Denver�s finest hotel.� David Craig, who has been with Hotel Teatro for nearly six years, will be Hotel Teatro�s acting General Manager. �Hotel Teatro�s success has been based upon delivering the highest quality guest service in Denver,� said David Craig. �Given our new ownership�s experience in luxury hotels, we look forward to providing an even higher level of service in the future.� Kevin Taylor who owns and operates the award-winning Restaurant Kevin Taylor and Prima Ristorante and Enoteca will continue to be a valuable asset to Hotel Teatro. �DiNapoli Capitol Partners have an excellent portfolio of luxury hotels with fine restaurants,� Taylor said. �I couldn�t ask for a better situation than to have experienced luxury hoteliers purchasing Hotel Teatro and am excited to be working with Matt DiNapoli and his group.� DiNapoli Capital Partners (www.dinapolicapital.com) is a privately held real estate investment firm engaged in the acquisition, development and management of hotels and commercial real estate assets. The firm was established by F. Matthew DiNapoli, a founding principal of the successful Marritz-Wolff Hotel Equity Funds. The firm employs a disciplined investment approach focused on value creation and capital preservation. DiNapoli Capital Partners owns national hotels operated by Four Seasons, Fairmont, Marriott, and other brands. Hotel Teatro was recently named one of the top 10 business hotels in North America by Travel + Leisure magazine. The hotel is on Condé Nast Traveler�s World�s Best list and is rated as the top hotel in Denver by the 2006 Zagat Survey. Hotel Teatro is ideally located at the corner of Arapahoe and Fourteenth Streets, across from the Denver Center for the Performing Arts. For reservations and information, call Hotel Teatro at 303.228.1100 or 888.727.1200, or visit the website at www.hotelteatro.com |
| Contact:
DiNapoli Capital Partners www.dinapolicapital.com Hotel Teatro
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| Also See: | Developers Michael J. Brenneman and Jeff Selby Open the Teatro, 116 Room Boutique Hotel in Denver / Jan 1999 |