Ascent Real Estate, a member of Hotel Brokers International, announced the successful sale of the Rodeway Inn located in Estes Park, Colorado. The buyers of the asset are planning a multimillion dollar renovation, including plans to upscale the brand. The Hotel is situated near the eastern entrance to the Rocky Mountain National Park. An iconic setting, the area attracts more than 4 million visitors per year.
Ascent Real Estate, a Colorado licensed real estate firm specializing in hospitality assets, worked with both the Seller and Buyer to negotiate a mutually acceptable sale. The Ascent Team’s independent status, along with their affiliation with HBI, allowed them to focus on the transaction - successfully negotiating and closing the property before it hit the open market. The Ascent Team places their focus on completing the deal and not “overselling.” As a result of their vast list of hospitality professionals and investors and their deep local knowledge, they make it happen.
About Brett Morganti, CCIM
Brett has positioned himself as one of the preferred Commercial Real Estate Brokers in the State of Colorado. After an illustrious career in the Navy SEALs and as the owner of an elite protective services company, he specializes in customized real estate strategies for his hospitality and business clientele. With a combined business career spanning over 20 years, Brett shares his passion from his military experiences by delivering effective and compelling solutions that win in the investment marketplace. Brett's past experience, in the SEAL Teams and as an independent contractor, has melded into a passion for teamwork and entrepreneurialism. Brett and his family spend their time between the Front Range of Colorado and Steamboat Springs. View a complete listing inventory or access more information, visit www.MtnTownCRE.com.
About Hotel Brokers International
Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. Founder and host of the popular Hotel Investor’s Marketplace Webcast, HBI also developed the Certified Hotel Broker professional designation program. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.
Brett Morganti, CCIM
Ascent Real Estate
Steamboat Springs, Colorado
Glenda J. Webb, Managing Director
Hotel Brokers International
Kansas City, Missouri
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