Hotel
Las Vegas Stripped of Appeal as Casinos Suffer
The coronavirus pandemic led to a nearly 33 percent drop-off in transactions in the weeks following Governor Sisolak’s nonessential business closure order—though one asset class is bucking the trend.
Pandemic Unlikely to End Construction in 2020
While demand in most commercial real estate sectors has taken a nosedive, some shovels will still hit the ground in 2020.
Sector Insights: Here’s What We’re Watching
Find out the latest on crucial segments of the commercial real estate market. What’s new in office/medical office, industrial, retail, multifamily, self storage and hotel/hospitality?
Luxury Hotel Occupancy Under 10% at Q1’s Close
The pandemic has hit high-end properties particularly hard, according to CBRE’s first-quarter survey of the hospitality sector.
Dunn Hospitality Acquires Indiana Hotel Site
Plans call for a 145-key Courtyard by Marriott within Thompson Thrift’s mixed-use development in Fishers.
Eldorado Resorts to Sell 2 Casinos for $155M
The news comes on the heels of the collapse of a previous agreement to transfer the properties to Maverick Gaming.
CMBS Late Payments Starting to Mushroom
The scope of delayed payments is expected to increase for loans secured by certain asset types, according to data released by the CRE Finance Council.
Caesars Entertainment, VICI Properties to Sell Gaming Resort
Twin River Worldwide Holdings will acquire the New Jersey hotel and casino property following the closing of an all-cash transaction.
As CMBS Relief Inquiries Jump, How Much Forbearance Is Enough?
Inquiries from CMBS borrowers about coronavirus-related relief have topped $100 billion, raising doubts about the current 90-day forbearance period, Fitch Ratings reports.
How the Coronavirus Relief Bill Helps Hotels
The hospitality sector will have access to various initiatives designed to ease the blow of COVID-19, according to Marcus & Millichap.