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DENVER-Columbus, OH-based RockBridge Capital, LLC closes an $8.21-million first mortgage to refinance the 123-key Hampton Inn & Suites located in the Denver Tech Center, the premiere office park in the metro area, according to James T. Merkel, managing director of RockBridge. The 123-room Hampton is just east of Interstate 25 in the heart of the Tech Center, which is home to about 1,000 companies. The hotel is aimed at business travelers on extended-stay trips with 93 one-bedroom rooms.

The transaction was done on behalf of K Partners Hospitality Group Inc., a San Antonio-based lodging company with extensive hospitality experience. K Partners currently owns nine hotels totaling nearly 800 rooms and has six additional hotels under development. All of them will be completed by the end of this year.

"This is RockBridge's third transaction with K Partners, and it demonstrates the value we place on building relationships with our borrowers." Merkel says. "This transaction enabled K Partners to have a liquidity event, yet continue to maintain control and upside in the transaction."