Hotel
Ashford Hospitality Sells 2 Hotels for $38M
The REIT utilized proceeds from the sale of hotels in Georgia and Wisconsin to pay down debt.
Henley Investments Picks Up Miami Beach Hotel
The company again teamed up with tech-oriented hotel manager Life House for the duo’s fourth and largest hospitality purchase in metro Miami.
Historic New Orleans Hotel Lands $46M Refi
The refinancing for the hotel in New Orleans’ French Quarter will be used to pay off debt and renovate the property.
CLOSED: 2019 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 September 6!
Marriott Opens Dual-Branded San Jose Hotel
Residence Inn and Fairfield Inn & Suites are around 9 miles from downtown San Jose and 7 miles from the city’s international airport.
Hilton Introduces Revamped Phoenix-Area Hotel
The newest location for the company’s upscale DoubleTree brand is situated in Chandler, a city with a growing reputation as a technology and innovation hub.
Ravel Hotel in Long Island City Debuts Expansion
Steven Kratchman Architect P.C. spearheaded the multi-faceted transformation of the boutique hotel into a city landmark. The property is part of Wyndham’s Trademark Collection.
Nakash JV Buys Nashville Hotel for $102M
The buyer of the 207-key Hampton Inn & Suites financed the acquisition with three loans.
JV Picks Up Suburban Kansas City Hotel
Wexford Lodging Advisors and Trinity Private Equity Group purchased the 11-story building and plan to invest $17 million in upgrading the property.
Cambria Opens First Houston Hotel
The adaptive reuse project marks the company’s fifth outpost in Texas and will be followed by seven other locations scheduled to open across the country this summer.