Interwest Capital Corporation acquired the historic Crowne Plaza San Marcos Golf Resort in the heart of Chandler, and awarded the management contract to an affiliate of GF Management, a hospitality management and development company.
The 249-room hotel offers various amenities and activities and sits in Downtown Chandler. It includes more than 30,000 SF of indoor/outdoor flexible event spaces. It is undergoing renovations and updates to the property that will continue in 1Q 2014.
Interwest Capital is a private equity firm specializing in the acquisition, operation, and repositioning of commercial real estate with an emphasis on multi-family and hospitality assets.
Interwest’s acquisition of the Crowne Plaza San Marcos Golf Resort expands the firm’s existing footprint in Metro Phoenix.
With a national portfolio in excess of 2.8 MSF, Interwest has become an industry leader through extensive experience restructuring significantly underperforming assets and has a strong track record of successfully repositioning historic properties.
