burrus investment group
The Plasencia Group Advises on Sale of the DoubleTree Denver-Westminster Hotel
The Plasencia Group | July 2, 2015
Tampa, Fla. (July 2, 2015) - The Plasencia Group is pleased to announce the sale of the DoubleTree by Hilton Denver-Westminster hotel, located in Westminster, Colorado. The firm represented Burrus Investment Group, the owner of the 180-room hotel. Hotel Capital, LLC, an Indiana-based real estate investment firm, acquired the property. "Upon completion of planned improvements, the hotel in this dynamic Westminster-Denver market is expected to continue to outperform the market due to its superior product differentiation and amenities. These improvements will be completed at an ideal time as Colorado enjoys a record number of visitors," s...
The Plasencia Group Closes Sale of the Embassy Suites Chicago – Schaumburg/Woodfield Hotel
The Plasencia Group | July 2, 2015
Tampa, Fla. (July 2, 2015) - The Plasencia Group is pleased to announce the sale of the Embassy Suites Chicago - Schaumburg/Woodfield hotel, located in Schaumburg, Illinois. The firm represented Burrus Investment Group, the owner of the 209-suite hotel. Hotel Capital, LLC, an Indiana-based real estate investment firm, acquired the property. "Both the seller and buyer benefited from this outstanding transaction. Our client was able to further their corporate strategy of exiting non-strategic assets, and the purchaser was able to acquire the only full-service all-suites hotel in the Schaumburg market. The hotel has shown consistent profit...
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