Skip to main content

A Timeline of



  • Geolo begins construction on Greyhound Flats in the River North neighborhood of Denver, CO. This 185-unit development marks Geolo's third residential project in the city, bringing its Denver multifamily presence to over 400 units, representing $170 million of project value.
  • Geolo commences construction on 111 Willoughby, a mixed-use high-rise tower consisting of 227 residential units in the heart of downtown Brooklyn, NY


  • Hector Calderon joins Geolo Capital as Chief Investment Officer to drive continued growth in the residential and multifamily sectors
  • Geolo Capital acquired and commenced construction on 3,500 residential units, representing more than $600 million of project value
  • Ventana Big Sur sold for a record-setting $2.5M per key


  • New Joint Venture Between BentallGreenOak, Flank Management LP and Geolo Capital Leads to Acquisition of Hutton Hotel in Nashville
  • Real estate software startup Livly raises $8M; Investors include private equity group Geolo Capital
  • Thompson Washington D.C. Hotel sold to Union Investment Group


  • Geolo Capital places a venture investment in Fra'Mani Handcrafted Foods
  • Geolo Capital launches a new hospitality finance vertical with two closed transactions: Alila Marea in Encinitas, CA and Kimpton Buckhead in Atlanta, GA
  • Geolo Capital places a venture investment in Ori Living


  • Two Roads Hospitality agrees to be acquired by Hyatt
  • Geolo Capital places a venture investment in WhyHotel
  • Travel + Leisure announces Alila Hotels (#9) and Thompson Hotels (#17) in their 2018 list of Top 20 Hotel Brands in the World
  • Announced new construction project with two hotels in multi-use building in Austin, TX; opening 2021
  • Two Roads Hospitality ranked 4th largest management company by Hotel Business (based on gross annual revenue)


  • Thompson Washington D.C. project announced; opening in 2019
  • Ventana Big Sur reopened after $20M renovation including new Glamping sites


  • Commune Hotels & Resorts merges with Destination Hotels to form Two Roads Hospitality, over 90 hotels under management
  • The Beekman, a Thompson Hotel, completes a historic renovation with condominiums opens in NYC
  • Thompson Seattle, a ground up, mixed-use and multi-family project opens
  • Thompson Nashville, a 224-room hotel opens in the Gulch


  • In partnership with Wanxiang and Sterling Bay, purchases and renovates Hotel Talbott in Chicago, IL
  • Wanxiang invests in Carmel Valley Ranch, and in a joint venture with Geolo Capital purchases Ventana Big Sur in California
  • Chicago Athletic Association Hotel opens after an extensive renovation of an 1893 building


  • Alila Hotels, a luxury lifestyle brand with hotels in Southeast Asia, China and India, was acquired by Geolo Capital
  • Epiphany Hotel opens after an adaptive-reuse renovation in Palo Alto, CA


  • Geolo Capital acquires the remaining interest of Thompson Hotels; 40 hotels under management of Commune Hotels & Resorts in the U.S., Canada and U.K.


  • The first JDV hotel opens outside of California: Hotel Lincoln in Chicago, IL


  • Merger of JDV and Thompson Hotels; creating Commune Hotels & Resorts - the first international multi-brand lifestyle hospitality management company


  • Joie de Vivre acquired by Geolo Captial


  • Purchase of Carmel Valley Ranch in Carmel Valley, CA


  • Founding of Geolo Capital


  • Odyssey Club, a private residency club; sold to Exclusive Resorts


  • In 1998 John Pritzker invested in Mandara Spa and helped to bring Asia's leading spa company to North America; in 1999 Shiseido acquired a minority stake in the Company and in 2001 the Company was acquired by Steiner Leisure