Stonebridge Companies | February 25, 2020
DENVER — Stonebridge Companies — a Denver-based, privately owned, innovative hotel owner, operator and developer — has acquired and will manage the 168-room Residence Inn by Marriott Herndon Reston in Herndon, Virginia. The acquisition is Stonebridge Companies’ second in less than three months and third since late 2018. Stonebridge last month announced the purchase of the Le Méridien New Orleans, and in late 2018 acquired the Embassy Suites by Hilton New Orleans. The Residence Inn by Marriott Herndon Reston is located at 315 Elden St. in Herndon, just minutes from Washington Dulles International Airport and blocks from Reston T...
Stonebridge Companies | January 8, 2020
Stonebridge Companies, a Denver-based, privately owned, innovative hotel owner, operator and developer, in partnership with an affiliate of Walton Street Capital, L.L.C., has acquired the 410-room Le Méridien New Orleans hotel. The acquisition is the group’s third in the New Orleans market and second in just over 12 months, having purchased the Embassy Suites by Hilton New Orleans in late 2018. Le Méridien is located in the heart of downtown at 333 Poydras Street and is just steps away from Harrah’s New Orleans Casino, the legendary French Quarter, Bourbon Street and the renowned Warehouse Arts District. The property also provides co...
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