JLL’s Hotels & Hospitality Group Closes Sale of Element Basalt Aspen
LOS ANGELES—JLL’s Hotels & Hospitality Group announced that it closed the sale of the Element Basalt Aspen, a 113-key extended-stay hotel in Basalt near Aspen, Colorado. JLL represented the seller, Silverwest Hotels, LLC, and its partners and procured the buyer. JLL also secured acquisition financing for the buyer. Element Basalt Aspen is a four-story hotel developed by Silverwest and opened in 2015. It has an outdoor event lawn and 625 square feet of indoor meeting […]
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