Hotel
BLVD Hospitality JV Buys Iconic Santa Monica Hotel
Hodges Ward Elliott arranged the partnership’s acquisition of The Georgian, a historic 84-key property overlooking the Santa Monica Pier.
Airbnb Files Confidential IPO Paperwork
The filing comes more than a month after the short-term rental giant reported an encouraging uptick in bookings.
Cambria Hotels Opens 2 New Properties
The latest additions to the upscale brand are in Ocean City, Md., and Rohnert, Calif., in Northern California’s wine country.
Apple Hospitality Buys Dual-Branded Hotel for $65M
The company has acquired the 105-key Hyatt House and the 154-key Hyatt Place on Arizona State University’s Tempe campus.
How the New Senate Relief Bill Could Impact CRE
BOMA’s Emily Naden breaks down the two big provisions of the bill that affect the industry.
First Hyatt Place in Ontario Opens
The 123-key hotel in the Toronto suburb of Mississauga is the latest step in Hyatt’s brand expansion in Canada.
Top 5 Cities for RevPAR Drop in Home-Sharing
Airbnb and Vrbo renters have been heavily impacted by the COVID-19 crisis. Here’s a breakdown of the cities with the highest decline in revenue, based on AirDNA data.
Former Ramada Hotel Trades for $15M in Miami
LV Lending facilitated an $11.5 million acquisition loan for the buyer, The Estate Cos.
IAC Makes $1B Investment in Casino Giant MGM Resorts
Counting on the potential of online gaming, the media and technology holding company acquired a 12 percent stake in MGM Resorts International.
CLOSED: 2020 Executive of the Year Awards Nominations
Commercial Property Executive is putting together the ballot for this year’s Executive of the Year awards, and we want your input. The deadline to submit is August 11!