Evermore Partners and New Castle Hotels & Resorts Acquire Montana Marriott Portfolio
Denver, CO-based Evermore Partners (Evermore), a commercial real estate investment firm, and Ridgefield, CT-based New Castle Hotels & Resorts (New Castle), a leading hotel owner and operator, have acquired the Montana Marriott Portfolio - a 105-key AC Hotel by Marriott, a 175-key Residence Inn by Marriott, and The Mercantile, a collection of approximately 20,000 square feet of high quality, in-line retail located in downtown Missoula, Montana.
- Denver, CO-based Evermore Partners (Evermore), a commercial real estate investment firm, and Ridgefield, CT-based New Castle Hotels & Resorts (New Castle), a leading hotel owner and operator, have acquired the Montana Marriott Portfolio - a 105-key AC Hotel by Marriott, a 175-key Residence Inn by Marriott, and The Mercantile, a collection of approximately 20,000 square feet of high quality, in-line retail located in downtown Missoula, Montana.
- With a ‘main and main’ location, the strength of Marriott branding, and a dynamic design, we believe these hotels and The Mercantile retail are truly irreplaceable assets.
- Evermore and New Castle, as co-sponsors of the project, bring a collective wealth of expertise and experience.
- "We are thrilled to invest in these incredible assets alongside great partners like Evermore while broadening our management platform's reach to the West.