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Vision Hospitality opens Moxy Boulder, CO

It is the first hotel to open in Boulder since 2018

Vision Hospitality opens Moxy Boulder, CO

Moxy Boulder, a new hotel on University Hill in Boulder, Colorado, is now open. It is the first hotel to open in Boulder since 2018.

The hotel was developed by Vision Hospitality Group, led by Mitch Patel as president and CEO, The Nichols Partnership, led by President and Founder Randy Nichols, and BMC Investments, led by Jarret Posner as chairman and founding partner.


“We are thrilled to collaborate with The Nichols Partnership and BMC Investments on this project in this sought-after location and continue our longstanding partnership with Marriott,” said Patel. “We look forward to introducing this unique experience to the Boulder community.”

Moxy Boulder has 189 rooms, 5,300 square feet of indoor and outdoor space and a fitness center. Marriott International's Moxy Hotels brand operates more than 125 properties in 25 countries.

Vision Hospitality Group recently started construction on a dual-branded Home2 Suites and Tru by Hilton in Cleveland, Tennessee, with 140 keys across five stories. In August, Patel discussed the launch of Vision Hospitality and his journey in Asian Hospitality Leadership Series.

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Peachtree Group's Equipment Finance Hits $30M Milestone
Photo credit: iStock

Peachtree’s equipment finance hits $30M

Summary:

  • Peachtree posted nearly $30 million in equipment finance transactions in its first quarter.
  • The division was created to fill a gap as banks reduce lending to middle-market borrowers.
  • Deals covered equipment for transportation, technology and material handling.

PEACHTREE GROUP’S EQUIPMENT finance division closed $29.8 million in capital lease and fair market value transactions across multiple industries in its first full quarter following the platform’s October launch. The deals included equipment for transportation, technology and material handling.

Peachtree Equipment Finance was created to address a gap in the equipment leasing market as banks reduce exposure to middle-market borrowers, Peachtree said in a statement. It focuses on capital leases and FMV transactions structured to businesses’ operational needs.

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