Provenance Hotels Sells Minority Interest in the Woodlark Hotel to Majority Owner, NBP Capital
Summary
The Woodlark utilizes Portland’s surroundings and reinterprets them in a fresh way, balancing sophisticated beauty with rich substance, nuance, and soul. “We are pleased to have closed this transaction with NBP and will continue to work with them on two other projects in Seattle.” About Provenance Hotels Headquartered in Portland, Ore., Provenance specializes in independent hotels that express the richest essence of the communities we call home. The portfolio includes 13 properties in Portland, Seattle, Tacoma, Palm Springs, New Orleans, Nashville and Fort Wayne. About NBP Capital NBP Capital is a vertically integrated commercial real estate investment platform focused on the West Coast and committed to five core businesses: investment management, development, construction, hospitality and property management services. As property managers and hospitality providers, NBP Capital creates community and delivers placemaking experiences.