Dallas-based real estate development firm Voyage Capital Group has finalized a complex capital stack, including senior debt and CPACE financing, to support construction of a 146-key AC Hotel by Marriott in Denver Gateway Park, with opening anticipated by late 2026.
What are the details of Voyage Capital Group’s acquisition and construction financing for the Denver Gateway Park AC Hotel project?
Voyage Capital Group, a Dallas-headquartered real estate investment and development platform with a national hospitality focus, has successfully closed a combined acquisition and construction financing package for its upcoming AC Hotel by Marriott at Denver Gateway Park. The loan facility will fund the full development of a 146-room, seven-story, 75,000-square-foot lifestyle hotel under Marriott International’s globally recognized AC Hotels brand.
The capital structure was led by Atlanta-based Peachtree Group and incorporates both senior debt and Commercial Property Assessed Clean Energy (CPACE) financing. CPACE is a form of alternative real estate finance that aligns long-term sustainability goals with favorable capital terms for developers. In this instance, the capital stack is designed to streamline development, reduce interest cost pressures, and embed ESG value into the asset’s performance from inception.
Voyage Capital Group confirmed that construction is actively underway and remains on track for completion in the fourth quarter of 2026. The AC Hotel will rise in the Denver Gateway Park submarket—a strategic location near Denver International Airport and the expanding Aurora and Commerce City commercial corridors.
Why is the Denver Gateway Park corridor considered a key hospitality investment destination in Colorado?
The Denver Gateway Park corridor has emerged as a high-value hospitality and commercial development zone due to its geographic proximity to the airport, access to major interstates such as I-70 and I-225, and increasing demand from corporate, leisure, and airport-transit travelers. It sits at the convergence of tourism-driven footfall and growing residential-commercial migration toward Denver’s northeastern suburbs.
For hospitality developers such as Voyage Capital Group, the Gateway Park region offers long-term occupancy potential and attractive RevPAR growth forecasts compared to oversaturated downtown submarkets. Analysts tracking the Colorado hotel sector have noted elevated forward bookings, reduced inventory overhang, and room rate recovery patterns outperforming national averages in airport-adjacent districts.
The AC Hotel development is positioned to serve mid- to upper-scale business and lifestyle travelers, with design features tailored to the AC brand’s minimalist, European-influenced aesthetic. According to institutional sentiment, the Gateway Park corridor is among the fastest-rising suburban micro-markets in the Western U.S., particularly for developers combining top-tier brands with sustainability-first financing strategies.
How does the AC Hotels by Marriott brand fit into the broader lifestyle hospitality landscape?
AC Hotels by Marriott, originally founded in Spain and acquired by Marriott International in 2011, represents one of the brand’s most globally scaled lifestyle offerings. The chain has expanded rapidly across urban cores, secondary business hubs, and transit-rich locations. The brand’s appeal lies in its blend of sleek design, efficient guest services, and curated guest experiences aimed at millennial and Gen Z professionals.
Voyage Capital’s Denver project will maintain this brand ethos by incorporating open lounge spaces, streamlined room configurations, modern fitness areas, and localized culinary options. The asset will fall within Marriott Bonvoy’s loyalty program, boosting its value proposition for frequent business travelers.
From an institutional investment lens, lifestyle brands such as AC Hotels have outperformed conventional full-service models in occupancy, ADR (Average Daily Rate), and brand loyalty growth. Analysts suggest this segment will continue to dominate post-pandemic hotel investment cycles as travelers opt for experiential stays over traditional luxury benchmarks.
Who is leading the general contracting for the AC Hotel Denver Gateway Park development?
Accurate Builders, a Dallas-based national general contractor with a track record in hospitality construction, has been appointed to lead the buildout of the Denver Gateway Park AC Hotel. The contractor has previously delivered hotel projects under Hilton, Marriott, and boutique flags across the Midwest and Sun Belt.
Voyage Capital Group selected Accurate Builders for its ability to execute complex vertical builds with brand compliance, efficiency timelines, and CPACE-aligned energy goals. The partnership is expected to accelerate delivery milestones, particularly as the project enters its core vertical framing and enclosure phases through late 2025.
According to developers familiar with hospitality construction cycles, on-time project delivery and operating cost discipline are critical in the AC Hotels segment, which relies on lean staffing models and high-margin guest offerings. The addition of CPACE financing further aligns Accurate Builders’ contracting deliverables with long-term performance metrics around energy use, mechanical systems, and LEED-equivalent standards.
What is the institutional and developer outlook on this hospitality asset’s performance in Denver?
Investor sentiment toward Denver-area hospitality projects remains constructive, particularly for lifestyle brands near transit and commercial corridors. The AC Hotel at Denver Gateway Park is expected to achieve strong EBITDA yield once stabilized, with analysts forecasting favorable occupancy ramp-up in the 18 months post-opening.
Institutional backers are also drawn to the CPACE component of the financing, which reduces upfront equity risk and enhances long-term environmental performance—factors increasingly prioritized in real estate private equity and hotel REIT investment committees. Voyage Capital Group’s use of capital-efficient financing and a brand with strong loyalty dynamics positions the asset for multi-year IRR targets above market-average returns.
Jai Desai, President and CEO of Voyage Capital Group, acknowledged the transactional complexity and lauded Peachtree Group’s role in structuring the deal.
“This was a highly complex project with many moving parts, but we were able to bring it to fruition thanks to the exceptional team at Peachtree Group. Their expertise and commitment were instrumental in getting this deal across the finish line,” said Desai. “A special thank you to Michael Harper and Peter Laack — we look forward to many more successful transactions together in the future.”
Desai’s remarks highlight Voyage Capital’s strategy of combining opportunistic hospitality assets with advanced capital structures, placing it among a new generation of regional developers scaling up through strategic lender relationships and brand affiliations.
What are the broader implications of CPACE financing in hospitality project delivery?
The inclusion of CPACE financing in the AC Hotel Denver Gateway Park project reflects a broader movement within the real estate development sector toward sustainability-tied capital structures. CPACE allows developers to finance energy efficiency, water conservation, and resiliency improvements via property tax assessments—resulting in lower interest rates, longer repayment terms, and better risk-adjusted returns.
For hospitality projects, CPACE has become a viable alternative to traditional mezzanine debt, which often carries higher coupon rates and tighter covenants. By using CPACE in combination with senior construction loans, developers like Voyage Capital can reduce the equity burden, improve IRR profiles, and align their capital stack with emerging ESG benchmarks demanded by institutional investors.
As municipalities and states expand CPACE programs, the financing tool is expected to become a key differentiator in hospitality, mixed-use, and multifamily developments that emphasize performance and climate resilience.
What is the future development strategy of Voyage Capital Group across national hotel markets?
Voyage Capital Group continues to pursue ground-up and conversion-based hospitality projects across U.S. metro areas with rising economic activity and strong travel fundamentals. With a portfolio spanning both branded lifestyle hotels and value-add repositioning opportunities, the firm targets underpenetrated submarkets where it can deliver institutional-grade assets under global brand umbrellas.
The AC Hotel by Marriott in Denver Gateway Park is part of a broader pipeline that includes select-service developments in the Southwest and Midwest, where land pricing, regulatory frameworks, and brand demand align with the firm’s value-creation approach.
Analysts familiar with Voyage Capital’s trajectory expect the firm to continue leveraging relationships with capital originators, construction partners, and brand operators to execute projects that meet post-pandemic traveler expectations and investor appetite for yield-based real assets.
Discover more from Business-News-Today.com
Subscribe to get the latest posts sent to your email.
