Deals
Downtown Seattle Hotel Acquired by Moody National REIT II
Moody further expands its hotel holdings with the acquisition of the Marriott Springhill Suites in downtown Seattle.
Tennessee Startups Attract $280M from Investors in 2015
Is Tennessee a startup Mecca? Businesses attracted nearly $1 billion since 2012, well ahead of LaunchTN’s target date of 2017.
Arbor Snaps Up Mayfield Heights Hotel for $12M
Arbor Lodgings Partners acquires the Staybridge Suites in Cleveland’s Mayfield Heights and prepares significant renovations.
SF’s Historic Pier 70 Reels in First Tenant
The high-end home furnishing retailer Restoration Hardware will occupy a historic building at Pier 70, a redevelopment project that will transform 66 acres of waterfront over the next decade.
HFF Arranges $64.3M Refinacing for Brookhollow Central in Houston
HFF placed a $64.2 million refinancing loan for the 806,541-square-foot office complex, Brookhollow Central I, II and III.
The Boulder Group Arranges Sale of LA Fitness in Chicago
A 22,000-square-foot LA Fitness property has recently changed hands in the greater Chicago area.
Hersha-Cindat $571M Hotel Deal to Involve 1031 Exchanges
Hersha’s sale of seven Manhattan hotels, totaling almost 1,100 rooms, to the Chinese firm is a strategic move for the hospitality company.
Filament Assumes Management of Two Honolulu Hotels
Filament Hospitality has added Shoreline Hotel Waikiki and Coconut Waikiki Hotel to its growing management portfolio.
Pacific Hospitality Group Buys Top Hotel in Hawaii
Pacific Hospitality Group is the new owner of an internationally acclaimed oceanfront resort located at Poipu Beach on Kauai.
Minor Hotel Group Acquires Portuguese Hospitality Brand for $329M
Minor Hotel Group closed a $329 million deal to acquire Tivoli Hotels & Resorts as part of a series of large international investments by the company.