geolo capital

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geolo capital

Union Investment Acquires Projected Thompson-Branded Lifestyle Hotel Development in Washington DC for $120 Million

Union Investment | March 5, 2018

5 March 2018 - Union Investment has agreed to acquire a Thompson-branded lifestyle hotel development in Washington D.C. The hotel will be built in Navy Yard, which is currently one of the most exciting urban development areas in the US. The vendor, developer and future operator of the approximately 12,000 sq m property is Gone Yard Hotel Owner, LLC, a joint venture between Geolo Capital and JW Capital Partners. Transfer of the hotel will take place upon opening of the 11-storey hotel, which is scheduled for the beginning of 2020. Upon completion, the project will be added to the portfolio of the open-ended real estate fund UniImmo: Glob...

Geolo Capital and JW Capital Partners to Break Ground on Flagship Thompson Hotel in Washington, D.C.

Thompson Hotels | March 2, 2018

SAN FRANCISCO – March 2, 2018 – San Francisco-based Geolo Capital and Boston-based JW Capital Partners today announced plans for a new Thompson Hotels project in Washington, D.C. Slated to open in early 2020, the 225-room Thompson D.C. will be the first hotel development in The Yards – the city's earliest industrial neighborhood – and will boast locally-inspired design, and a variety of signature amenities for travelers and locals alike. Situated on D.C.'s scenic riverfront, within walking distance from Nationals Park, The Yards is quickly transforming into a vibrant modern hub reflective of the area's rich, mari...

Hyatt to Acquire Thompson Miami Beach Hotel and Rebrand as The Confidante, Joining the Unbound Collection by Hyatt

Hyatt Hotels Corporation | March 24, 2016

CHICAGO- March 24, 2016 - Hyatt Hotels Corporation (NYSE: H) today announced that a wholly-owned subsidiary has entered into an agreement to purchase the 380-room Thompson Miami Beach hotel from an affiliate of Geolo Capital. The transaction is expected to close in late April, and the hotel will be rebranded as The Confidante upon opening, joining the existing properties in the recently launched The Unbound Collection by Hyatt brand. "The acquisition of this high-quality hotel allows Hyatt continued strategic growth in a critical market for both the company and for our newest brand, The Unbound Collection by Hyatt," said Stephen Haggert...

Commune Hotels & Resorts Welcomes Alila Hotels & Resorts into its Portfolio

Commune Hotels & Resorts | June 3, 2015

SAN FRANCISCO (June 3, 2015) – One year since announcing a strategic partnership, San Francisco-based Commune Hotels & Resorts formalizes its presence in Asia with the addition of Alila Hotels and Resorts to its portfolio of boutique hotel brands. Singapore-based Alila marks Commune's fourth hotel brand, joining Joie de Vivre Hotels, Thompson Hotels and tommie. Geolo Capital, the private equity firm that owns Commune, secured a majority interest in Alila in 2014, at which time the two hotel companies formed an alliance to cross-promote each others' global brands. Today, Commune and Alila are entering into a fully integrated model ...

Commune Hotels & Resorts Reopens Chicago Athletic Association as a Luxury Hotel

Commune Hotels & Resorts | May 27, 2015

CHICAGO, May 27, 2015 /PRNewswire/ -- Commune Hotels & Resorts today proudly announces the opening of the 241-room luxury, boutique Chicago Athletic Association hotel, following the groundbreaking restoration of the iconic 1890 vintage building. A foremost presence in the Chicago community for more than a century, Chicago Athletic Association's two-year restoration is the result of a visionary partnership among AJ Capital Partners, Geolo Capital, Agman Partners, Commune Hotels & Resorts, Chicago-based Hartshorne Plunkard Architecture and the award-winning design firm, Roman and Williams Buildings and Interiors. Poised to once ag...

Commune Hotels Begins Mixed-Use Development with 256-key Thompson Seattle to Open in WA in 2016

Commune Hotels & Resorts | August 4, 2014

SAN FRANCISCO, CA (August 4, 2014) - Commune Hotels & Resorts, along with Geolo Capital and the Seattle-based real estate firm Touchstone, today jointly announced plans for a ground-up, mixed-use development - inclusive of hotel, residential, and retail components - that will operate under the Thompson Hotels flag as Thompson Seattle. A marker of continued expansion for the sophisticated lifestyle brand, Thompson Seattle will become Thompson Hotels' first property in the Pacific Northwest region of the U.S. Currently projected to open in spring 2016, Thompson Seattle will be visually conceptualized by architectural teams from Washin...

Commune Hotels & Resorts Transitions to Sole Ownership by Geolo Capital; Key Executive Hires Named

Commune Hotels & Resorts | August 5, 2013

SAN FRANCISCO (August 5, 2013) - Commune Hotels & Resorts, an international hospitality management company overseeing the Joie de Vivre, Thompson and Tommie hotel brands, announces an important transition today, having signed a definitive agreement to consolidate the company to sole ownership. In addition, the company is proud to introduce its new executive leadership team as it embarks on a new era. Geolo Capital, the private equity firm founded and led by John Pritzker, has purchased the 50% interest in Commune held by its joint venture partner. The joint venture, which formed Commune in 2011, brought together the Joie de Vivre an...

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