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Welcome to The Denver Newsletter!

In today’s edition:

• Sage Hospitality expands as part of $49 million hotel deal.

• Upcoming Billy Joel concert

• A deep-dive into the life of Pauline Frederick.

• And more…

Quote of the Week

"You must be the change you wish to see in the world."

— Mahatma Gandhi

Sponsored

Yes, this platform’s 77% return is an outlier – but the rest may surprise you

The news is true: Masterworks’ 15th sale just weeks ago returned an impressive 77% to investors. While such a high return is an outlier for the blue-chip art investing platform, you might be wondering what their prior sales delivered. Glad you asked… 

Every one of their sales has returned a profit to investors, with 12 of them delivering double-digit returns, and 1 delivering triple-digit annualized returns. 

In full, Masterworks has over 300 paintings and their 16 exits have delivered: 32%, 39.3%, 36.2%, 27.3%, 9.2%, 33.1%, 21.5%, 17.8%, 13.9%, 35%, 10.4%, 325.5%, 4.1%, 17.6%, 77.3%, and 13.4% net annualized returns. 

Every sale but one outperformed the stock market in the period from when it was offered to when it was sold. 

With performance like that, offerings on the platform can sell out in minutes. However, Local News Newsletter readers can skip the waitlist to join with this exclusive link.

Trivia

Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!

What is the name of the Denver festival that celebrates the city's craft beer culture?

A) Denver Brew Fest

B) Great American Beer Festival

C) Colorado Craft Beer Week

D) Mile High Beer Festival

Answer to Last Week's Trivia:

The iconic structure in Denver popular for taking photographs with the city skyline is C) Big Blue Bear at the Colorado Convention Center.

News

💼 Business

Denver company taken private in $10 billion deal. (Link)

Sage Hospitality expands as part of $49 million hotel deal. (Link)

🏒 Sports

Renck vs. Keeler: If Russell Westbrook replaces Kentavious Caldwell-Pope on the Nuggets roster, is that a win for Calvin Booth? (Link)

Banned NBA player Jontay Porter will be charged in betting case, court papers indicate. (Link)

🏦 Finance

Cherry Creek apartment building trades hands for $23M. (Link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

🧘 Yoga on the Rocks
Red Rocks Amphitheatre, Morrison, CO
Saturday, Jul 13th | (More info)

⚾ San Francisco Giants at Colorado Rockies
Coors Field, Denver, CO
Friday, Jul. 19th to Sunday , Jul. 21 | (More info)

Music & Concerts

🎵 Billy Joel
Coors Field, Denver
Friday, Jul. 12th | (More info)

🎵 Keys N Krates
Club Vinyl, Denver
Saturday, Jul. 13th | (More info)

Family

🛠 Daisy (K-1st) Model Car Badge Workshop
63 North Quebec Street, Denver
Friday, Jul. 12th | (More info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “Metropolis of Denver with a massive central AI-controlled hub” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

Denver Historical Events

Lowry Air Force Base Establishment (1938) - A significant military installation.

Lowry Air Force Base, established in 1938, holds a significant place in the history of military installations in Denver. Originally built as a military training facility, Lowry Air Force Base played a crucial role in training pilots and aircrew during World War II and the Cold War era. The base was a hub of activity, providing essential support for the United States Air Force and contributing to the defense and security of the nation. Its strategic location and state-of-the-art facilities made it a vital asset for the military, and it became an integral part of Denver's identity.

Throughout its history, Lowry Air Force Base was a symbol of strength and resilience, representing the dedication and sacrifice of the men and women who served there. The base was not only a training ground for military personnel but also a center for innovation and technological advancement in aviation and aerospace. Its legacy continues to inspire and honor the contributions of those who served at the base, leaving an indelible mark on the local community and the nation as a whole.

Although the base closed in 1994, its impact on Denver's history and the military's legacy endures. Today, the former site of Lowry Air Force Base has been transformed into a vibrant mixed-use community, preserving the memory of the base while embracing new opportunities for growth and development. The legacy of Lowry Air Force Base lives on, reminding us of the enduring spirit of service and the enduring bond between the military and the city of Denver.

Famous People From Denver

Pauline Frederick - (1883-1938)

Pauline Frederick, born Pauline Beatrice Libbey on August 12, 1883, was an American stage and film actress. She was the only child of Richard O. and Loretta C. Libbey, born in Boston, Massachusetts. Frederick's career and life story reflect a journey of breaking barriers and achieving excellence.

Early Life and Stage Career (1883-1908)

Pauline Frederick was born in Boston, Massachusetts, in 1883. She began her career as a stage actress and later transitioned into film, showcasing her talent and versatility in both mediums.

Film Career and Hollywood Stardom (1908-1938)

Frederick's film career took off in the early 1900s, and she quickly gained recognition for her exceptional acting skills. She became a prominent figure in Hollywood, earning a star on the Hollywood Walk of Fame for her contributions to the motion picture industry.

Pioneering Female Journalist (1906-1974)

In addition to her acting career, Frederick made history as one of the first female broadcast journalists. She broke barriers in the field of journalism and became known for her insightful reporting and commentary on foreign affairs.

Presidential Debate Moderator (1967)

In October 1967, Pauline Frederick made history as the first woman to moderate a presidential debate. Her role in moderating this televised forum featuring Gerald R. Ford and Jimmy Carter was a significant milestone in her career.

Legacy and Honors (Post-1974)

Throughout her career, Pauline Frederick received numerous awards and honors for her contributions to journalism and the entertainment industry. Her legacy as a pioneering female journalist and accomplished actress continues to inspire future generations.

Remembering Pauline Frederick (1938 and Beyond)

Pauline Frederick passed away on September 19, 1938, leaving behind a legacy as a trailblazer in both the entertainment industry and the field of journalism. Her impact on American media and the arts remains significant and enduring.

Key Achievements of Pauline Frederick:

• Prominent stage and film actress, known for her exceptional talent and versatility.

• Pioneering female broadcast journalist, breaking barriers in the field of journalism.

• First woman to moderate a presidential debate, making history in televised political discourse.

• Honored with awards and accolades for her contributions to journalism and the entertainment industry.

• Remembered as a trailblazer and inspiration for future generations in both acting and journalism.

Pauline Frederick's story is one of breaking barriers, achieving excellence in multiple fields, and leaving behind a legacy of inspiration and trailblazing accomplishments. Her impact on American media and the arts remains significant and enduring.

Connect With Me

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I would love to hear from you. Don’t be shy.

-Matthew Larsen

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