Hotel
Pebblebrook to Debut Green-Centric Brand in San Francisco
The lodging REIT will transform the iconic 200-key Hotel Vitale via a $25 million renovation, bringing its sustainability-focused 1 Hotel flag to the city.
The Ben Hotel Opens in West Palm Beach
The 208-key property is the first waterfront hotel to open in downtown West Palm Beach.
MCR Enters Massachusetts With SpringHill Suites Acquisition
The new owner shelled out $16.2 million for the 164-key hotel in Peabody.
Global Hotel Investment Trends to Watch
A new report from JLL notes that while a certain amount of optimism remains, several factors will likely prevent 2020 from being as strong for hotel investment as last year.
Mag Mile Capital Arranges Loan for Michigan Hotel Portfolio
Senior Vice President Francisco Nacorda completed the $23.7 million loan on behalf of the borrower, Stellar Hospitality.
Iconic Miami Beach Hotel Trades for $120M
King Street Real Estate, Westdale Properties and Cedar Capital Partners joined forces to purchase the oceanfront building.
Southwest Value Partners Buys 2 Phoenix-Area Hilton Resorts
The new owner plans substantial upgrades at the two Scottsdale properties.
CPE Announces the 2019 Executives of the Year
Now in its 23rd year, the CPE Executive of the Year Awards program is adjudicated by a peer vote among leading executives from across the commercial real estate industry and based on accomplishments in the past year. Here’s what made the winners stand out.
Historic Detroit Hotel Receives $77M Refi
Built in 1924, the property underwent a major renovation in 2008, following a 20-year vacancy.
IRR’s 2020 Outlook: Decidedly Mixed
A new forecast from Integra Realty Resources sizes up complex forces in the economy and the CRE sector.