Project Value: $105 million
SAG assisted a private development team analyze the conversion of an office building into a full-service hotel. The building is located in downtown Denver, adjacent to the Denver Center for Performing Arts, one block from the Colorado Convention Center, and two blocks from the 16th Street Mall and LoDo’s historic district. SAG helped Lennar Partners, Sage Hospitality Resources, Mile High Properties and Hilton Hotels assess the opportunity through market research, cash flow modeling, capital structuring and an investor return analysis. SAG also assisted with preparing an analysis and presentation materials to solicit public funding support for the project.