Hotel
Home2 Suites by Hilton Opens in MN
Part of a $28 million development, the 107-key project is the second new hotel to come online in Brooklyn Park since 1998.
IHG Opens Kimpton in Scotland
Located in the UNESCO world heritage site of Edinburgh’s Georgian New Town, The Kimpton Hotels & Restaurants-branded property offers 184 guestrooms and 15 suites.
Airbnb Acquires HotelTonight
The company purchased the booking service in order to accelerate the brand’s plan to have boutique properties list faster on the platform, as well as cater to last-minute travelers more efficiently.
North FL Hotel Project Lands $20M Financing
Plans for the Homewood Suites in St. Augustine, Fla., call for more than 100 guestrooms along the San Sebastian River.
CIM Group, Carr Buy DC-Area Hotel
The two companies teamed up to acquire the 12-story, 254-key Crowne Plaza Hotel Alexandria, situated on the Potomac River.
Waterford Hotel, Waterton Form New Venture
Waterford took over operations of a 1,600-key group of eight Waterton hotels, increasing its portfolio to 41 properties totaling 6,200 guestrooms.
Tampa Hotel Lands $54M Loan
PCCP provided the senior loan for the recapitalization of the 325-key The Westshore Grand, part of the Urban Centre mixed-use complex.
Apple Hospitality Buys MN Hotel for $32M
The 160-key Hampton Inn & Suites by Hilton opened in 2016 on the site of the former Seven Corners, a city landmark since 1933.
Choice Hotels Opens Southwest FL WoodSpring Suites
The 123-key extended-stay hotel is the newest addition to the brand’s Florida portfolio. The developer, Gold Coast Premier Properties, plans to open several WoodSpring Suites in three states.
Metro DC Hotel Receives $26M Refi
HFF arranged the loan for the 316-key Hyatt Regency Fairfax, which is part of the 650-acre Fair Lakes master-planned community.