walton street capital
The Axton Group Acquires the Renaissance Austin Hotel in Texas for $70 Million
The Axton Group | November 25, 2020
SAN FRANCISCO, November 25, 2020 – An affiliate of The Axton Group (“Axton”) today announced the firm has closed on the acquisition of the Renaissance Austin Hotel for $70 million. The 492-room, full-service hotel in north Austin is one of the city’s largest hotels, with spacious guest rooms including 88 suites, many upscale amenities, and spectacular views of the Texas Hill Country and the downtown Austin skyline. The hotel features 77,600 square feet of indoor and outdoor meeting and event facilities. Like all hotels across the country, Renaissance Austin Hotel’s occupancy is currently low as a result of COVID-19. The city of Au...
Stonebridge Companies in Partnership With Walton Street Capital Acquires Le Méridien New Orleans
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...
Waterton Acquires 356-Room Loews Madison in Downtown Washington, D.C.
Waterton | October 5, 2017
WASHINGTON--Waterton, a U.S. real estate investor and operator, today along with an affiliate of private equity partner Walton Street Capital, L.L.C., announced the acquisition of the 356-room hotel formerly known as the Loews Madison in downtown Washington, D.C. Located at the intersection of M and 15th streets – just a half mile north of the White House – the property has been rebranded as The Madison, a Hilton Hotel. It will be managed by Hilton Hotels & Resorts. Built in 1963, the hotel originally opened as the Madison Hotel at a ceremony attended by President John F. Kennedy and has since hosted every U.S. president...
Loews Madison Hotel Joins Hilton Hotels & Resorts’ Portfolio as The Madison Washington DC, a Hilton Hotel
Hilton Hotels & Resorts | September 25, 2017
WASHINGTON – September 25, 2017– Hilton (NYSE: HLT) today announced that the Loews Madison Hotel will join Hilton Hotels & Resorts' portfolio as The Madison Washington DC, a Hilton Hotel. The 356-room hotel, located in the heart of downtown Washington, D.C., has long offered sophisticated accommodations to some of the capital's most esteemed visitors. In partnership with affiliates of Walton Street Capital and Waterton, The Madison Washington DC is poised to set a new standard for hospitality and elevate Hilton's presence in this globally sought-after destination. Hilton planted its hospitality roots in Washington, D.C. ...
Highgate Hotels Opens Fairfield Inn & Suites in Key West, Florida
Fairfield Inn & Suites by Marriott | May 21, 2015
Key West, Florida - May 21, 2015 - The 133-room Fairfield Inn & Suites Key West at The Keys Collection, Florida now open for business. Situated across the street from the tropical waters of Key West and located at 3852 North Roosevelt Boulevard, the Fairfield Inn & Suites Key West at The Keys Collection will operate as a Marriott franchise managed by Highgate Hotels. The hotel is owned by affiliates of Rockpoint Group, L.L.C., Walton Street Capital, L.L.C and Highgate Investments. Making a grand entrance today at the entry point of Key West, this newly built hotel is perfectly situated in New Town, convenient to all of the islan...
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