Real Estate
Homewood Suites By Hilton Boulder Sells For $16.9M
The 112-room hotel on Baseline Road was purchased by a Denver group, according to a report.
BOULDER, CO — The Homewood Suites by Hilton Boulder has sold for $16.9 million, according to the Colorado Real Estate Journal. The 112-room hotel, at 4950 Baseline Road, was sold to 4950 Baseline Road LLC, a partnership between Sage Hospitality and Brue Baukol Capital Partners.
The seller was BRE Newton Hotels Property Owner LP, a Blackstone Real Estate affiliate, the journal reported.
At least half a dozen hotels in Denver's metro area and Boulder have changed hands recently. The region is seen as a "very attractive" hotel market for local and national investors, according to the report.
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