Hotel
HFF Arranges $350M in Financing for High-Profile Deal
The Ballantyne Corporate Park portfolio reportedly traded for more than $1 billion.
HFF Arranges $45M Refi for Hotel Portfolio
The 441-key portfolio consists of two properties in Texas and two in Nashville.
Nation’s First Canopy by Hilton Tops Off
The 177-key hotel is scheduled to open in Washington, D.C., in the fourth quarter of 2017.
Choice Hotels Appoints New CFO
Dragisich will lead the company’s financial strategy, as well as play a role in strategic corporate growth initiatives.
Courtyard by Marriott Debuts in Ruston
The new 110-key hotel is owned by Going Yard LLC and managed by Dimension Development Co.
Richmond Marriott Short Pump Sells for $39M
Commonwealth Lodging Management will continue to operate the 243-key hotel.
CBRE Arranges Sale of Texas City Hotel
The 70-room Holiday Inn Express & Suites was acquired by Texas City Hospitality from Peet Hotels.
Marriott St. Louis Grand Hotel Lands $57M Refinancing
RobertDouglas has arranged the five-year, floating-rate loan for the 917-key property.
Northwood Investors Nabs Charlotte’s Ballantyne Corporate Park
The $1 billion deal is considered to be the largest single real estate transaction in Charlotte’s history.
Napa Valley Hotel Sells for $1.2M per Key
Ashford intends to finance the purchase with about $50 million of non-recourse mortgage debt.