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TGC Group to Build 95-Room Hotel in Wichita’s Delano District
News 2 days ago
TGC Group to Build 95-Room Hotel in Wichita’s Delano District

The Home2 Suites property will rise four stories. WICHITA, KAN. - TGC Group plans to break ground this fall on a 95-room Home2 Suites hotel in...

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JLL Arranges $61M Refinancing for New Hotel in Chicago’s Fulton Market
News 2 days ago
JLL Arranges $61M Refinancing for New Hotel in Chicago’s Fulton Market

CHICAGO - JLL has arranged a $61 million loan for the refinancing of Hyatt House Fulton Market, a new 200-room hotel in Chicago's Fulton Market...

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Urbanica Acquires Land in Miami Beach for $40M, Plans 200-Room Beachfront Hotel
News 2 days ago
Urbanica Acquires Land in Miami Beach for $40M, Plans 200-Room Beachfront Hotel

MIAMI BEACH, FLA. - Hotel developer Urbanica has acquired a one-acre plot of land in Miami Beach for $40 million from China City Construction (CCC)...

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Majestic Realty, Portman Architects Unveil Design of $350M Hotel Near Atlanta Airport
News 3 days ago
Majestic Realty, Portman Architects Unveil Design of $350M Hotel Near Atlanta Airport

Construction of the 541-room hotel is expected to begin later this year and be completed in 2022. ATLANTA - Majestic Realty has unveiled design...

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China’s Anbang Agrees to Sell U.S. Hotel Portfolio for $5.8B
News 3 days ago
China’s Anbang Agrees to Sell U.S. Hotel Portfolio for $5.8B

The 15-property portfolio includes high-end hotels such as the Essex House in Manhattan (pictured). BEIJING - China-based Anbang Insurance Group Co...

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KSL Capital Partners Agrees to Acquire Historic Grand Hotel on Michigan’s Mackinac Island
News 4 days ago
KSL Capital Partners Agrees to Acquire Historic Grand Hotel on Michigan’s Mackinac Island

The Grand Hotel includes 397 rooms. It dates back to 1887. MACKINAC ISLAND, MICH. - KSL Capital Partners LLC has agreed to acquire the Grand Hotel...

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Marcus & Millichap Brokers $3.5M Sale of 58-Room Hotel in Wisconsin
News 5 days ago
Marcus & Millichap Brokers $3.5M Sale of 58-Room Hotel in Wisconsin

WEST BEND, WIS. - Marcus & Millichap has brokered the $3.5 million sale of the Country Inn & Suites West Bend. The 58-room hotel is located at 2000...

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Walker & Dunlop Arranges $14M Acquisition, Construction Loan for Hotel in Newark, New Jersey
News 1 week ago
Walker & Dunlop Arranges $14M Acquisition, Construction Loan for Hotel in Newark, New Jersey

The borrow plans to reposition the 191-room Holiday Inn over the next few years. NEWARK, N. J. - Walker & Dunlop has arranged a $14 million loan...

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Mag Mile Capital Arranges $5.3M Acquisition Loan for 83-Room Hotel in Indianapolis
News 1 week ago
Mag Mile Capital Arranges $5.3M Acquisition Loan for 83-Room Hotel in Indianapolis

The Courtyard by Marriott is located at 4650 Southport Crossing Drive. INDIANAPOLIS - Mag Mile Capital has arranged a $5.4 million CMBS loan for...

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Trinity Investments, Elliott Management Acquire JW Marriott Phoenix Desert Ridge Resort & Spa for $602M
News 1 week ago
Trinity Investments, Elliott Management Acquire JW Marriott Phoenix Desert Ridge Resort & Spa for $602M

The property includes a 950-room hotel, 212,500 square feet of meeting space, seven food and beverage options, five pools and two golf courses....

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Peachtree Hotel Group Acquires 111-Room Home2 Suites Hotel in El Paso
News 2 weeks ago
Peachtree Hotel Group Acquires 111-Room Home2 Suites Hotel in El Paso

EL PASO, TEXAS - Atlanta-based hospitality investment and management firm Peachtree Hotel Group has acquired Home2 Suites by Hilton El Paso Airport...

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Hall Structured Finance Provides $86.5M Construction Loan for Westin Tempe in Arizona
News 2 weeks ago
Hall Structured Finance Provides $86.5M Construction Loan for Westin Tempe in Arizona

Slated to open in second-quarter 2021, the Westin Tempe in Tempe, Ariz., will feature 290 guest rooms and a rooftop infinity pool with poolside bar...

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Koucar Management Breaks Ground on 102-Room Cambria Hotel in Portland, Maine
News 2 weeks ago
Koucar Management Breaks Ground on 102-Room Cambria Hotel in Portland, Maine

PORTLAND, MAINE - Koucar Management, a Michigan-based developer, has broken ground on a 102-room hotel in Portland, a city about 55 miles north of...

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Waramaug Acquires Two Hotels in Florida Totaling 231 Rooms
News 2 weeks ago
Waramaug Acquires Two Hotels in Florida Totaling 231 Rooms

PORT ST. LUCIE AND TALLAHASSEE, FLA. - Waramaug Hospitality has acquired two hotels totaling 213 rooms in Port St. Lucie and Tallahassee. The sales...

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Marcus & Millichap Arranges Sale of 100-Room Hotel in Wisconsin
News 2 weeks ago
Marcus & Millichap Arranges Sale of 100-Room Hotel in Wisconsin

JOHNSON CREEK, WIS. - Marcus & Millichap has arranged the sale of the Comfort Suites Johnson Creek, a 100-room hotel located about 45 miles west of...

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Mag Mile Capital Arranges $22.5M Refinancing for Two Hotels in Dearborn, Michigan
News 2 weeks ago
Mag Mile Capital Arranges $22.5M Refinancing for Two Hotels in Dearborn, Michigan

Staybridge Suites, located at 24105 Michigan Ave., features 102 rooms. DEARBORN, MICH. - Mag Mile Capital has arranged a $22.5 million loan for the...

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Marcus & Millichap Brokers $7.5M Sale of Comfort Inn Hotel in Arlington Heights, Illinois
News 3 weeks ago
Marcus & Millichap Brokers $7.5M Sale of Comfort Inn Hotel in Arlington Heights, Illinois

ARLINGTON HEIGHTS, ILL. - Marcus & Millichap has brokered the sale of a 125-room Comfort Inn hotel in Arlington Heights for $7.5 million. The 125...

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Marcus & Millichap Brokers $3.6M Sale of 89-Room Hotel in Missouri
News 3 weeks ago
Marcus & Millichap Brokers $3.6M Sale of 89-Room Hotel in Missouri

FESTUS, MO. - Marcus & Millichap has brokered the $3.6 million sale of a Comfort Inn hotel in Festus, about 40 miles south of St. Louis. The 89...

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HREC Arranges Sale of 77-Room Hampton Inn in Rochester, New York
News 3 weeks ago
HREC Arranges Sale of 77-Room Hampton Inn in Rochester, New York

ROCHESTER, N. Y. - Hospitality Real Estate Counselors (HREC), a Denver-based hospitality real estate firm, has arranged the sale of a 77-room...

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Columbus Pacific Acquires Ski-in/Ski-out Hyatt Centric Park City in Utah
News 3 weeks ago
Columbus Pacific Acquires Ski-in/Ski-out Hyatt Centric Park City in Utah

Located at the base of Park City Mountain in Utah, Hyatt Centric Park City features 120 guest rooms, including 85 stacked flat one-, two-, three-...

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Hodges Ward Elliott Arranges Sale of DoubleTree Albuquerque Downtown in New Mexico
News 3 weeks ago
Hodges Ward Elliott Arranges Sale of DoubleTree Albuquerque Downtown in New Mexico

ALBUQUERQUE - Hodges Ward Elliott (HWE) has arranged the sale of DoubleTree by Hilton Hotel Albuquerque Downtown, located at 201 Marquetta Ave. NW...

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Madison Realty Capital Provides $83 Million Loan for Manhattan Hotel
News 3 weeks ago
Madison Realty Capital Provides $83 Million Loan for Manhattan Hotel

NEW YORK CITY - Madison Realty Capital, a New York-based lender, has provided an $83 million loan to recapitalize and rebrand a 230-room hotel in...

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Crystal Investment Property Negotiates Sale of 20-Key Motel in Port Angeles, Washington
News 3 weeks ago
Crystal Investment Property Negotiates Sale of 20-Key Motel in Port Angeles, Washington

PORT ANGELES, WASH. - Crystal Investment Property (CIP) has arranged the sale of All View Motel, an independent economy motel located in Port...

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JLL Negotiates Sale of 731-Room Hotel Portfolio in Mid-Atlantic, Texas
News 4 weeks ago
JLL Negotiates Sale of 731-Room Hotel Portfolio in Mid-Atlantic, Texas

CHICAGO - JLL has negotiated the sale of five Courtyard by Marriott hotels totaling 731 rooms. The portfolio includes Courtyard New Carrollton in...

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JLL Arranges Sale of Two Marriott-Branded Hotels in San Antonio
News 4 weeks ago
JLL Arranges Sale of Two Marriott-Branded Hotels in San Antonio

SAN ANTONIO - JLL has arranged the sale of Courtyard San Antonio Airport and Courtyard San Antonio Medical Center. The properties were sold as part...

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PCCP Funds $20M Mezzanine Loan to Refinance Hilton San Francisco Financial District
News 1 month ago
PCCP Funds $20M Mezzanine Loan to Refinance Hilton San Francisco Financial District

Located in downtown San Francisco, the 26-story Hilton San Francisco Financial District features 544 guest rooms and 21,936 square feet of meeting...

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R.D. Olson Construction Completes AC Hotel Los Angeles South Bay
News 1 month ago
R.D. Olson Construction Completes AC Hotel Los Angeles South Bay

EL SEGUNDO, CALIF. - R. D. Olson Construction has completed AC Hotel Los Angeles South Bay, a six-story hotel located in El Segundo's business...

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Aparium Completes 159-Room Hotel in Montclair, New Jersey
News 1 month ago
Aparium Completes 159-Room Hotel in Montclair, New Jersey

The MC is Aparium's first property on the East Coast, and the first hotel to open in Montclair since 1939. MONTCLAIR, N. J. - Aparium Hotel Group,...

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Boston Properties Opens 272-Room Hotel in Boston
News 1 month ago
Boston Properties Opens 272-Room Hotel in Boston

BOSTON - Boston Properties has opened a 272-room hotel at The Hub on Causeway, a 2 million-square-foot mixed use development in Boston. Dutch brand...

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Todd Interests Completes 226-Room Hotel Conversion Project in Houston
News 1 month ago
Todd Interests Completes 226-Room Hotel Conversion Project in Houston

HOUSTON - Developer Todd Interests has completed a project in at 1314 Texas Ave. in Houston that converted the historic Great Southwest Building, a...

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