HotelsMag October 2022 | Page 34

Sage Hospitality ’ s Rally hotel at the mixed-use McGregor Square development in Denver
INVESTMENT

Sage sees

HOSPITALITY ’ S

SVP STAMBULES SAYS THE DENVER-BASED MULTI- PLATFORM DEVELOPER AND OPERATOR IS GEARING UP FOR GROWTH AND LIKES HOW ALIGNED MIXED-USE PROJECTS CREATE UNIQUE OPPORTUNITIES .
By JEFF WEINSTEIN , EDITOR IN CHIEF

With hospitality increasingly becoming a crucial component and amenity across multiple asset classes , Sage Hospitality Group sees a tremendous growth opportunity to provide its services , creative expertise and investment dollars to a wider mix of projects . Senior Vice President of Acquisitions and Business Development at Sage Investments Dean Stambules says the group is recognizing and realizing opportunities in more mixed-use developments , often focused on aligning strategies between hotel , office and residential components .

In fact , of the five active projects in its pipeline in August , four were mixed-use with Denver-based Sage investing with partners across the entire set of assets to better leverage each other ’ s knowledge bases . “ We think that alignment really allows us to create a better product at
34 hotelsmag . com October 2022