Hotel
Pebblebrook Sells DC Hotel for $142M
After acquiring LaSalle Hotel Properties in November, the REIT embarked upon a disposition program that so far has included eight properties and is expected to continue over the next 18 months.
Historic Miami Hotel Sells for $103M
Tommy Hilfiger and Turkish conglomerate Dogus Group sold the iconic Raleigh Hotel to a partnership of Deutsche Finance America, Bilgili Holding and SHVO.
New SpringHill Suites Opens in Denver Area
Bedford Lodging owns the 127-key Marriott hotel located within walking distance of Colorado Mills Mall, roughly 10 miles west of the metro’s downtown.
Hilton Launches New Brand
Signia, which will kick off with three properties in as many major cities, will compete with the hospitality industry’s top meetings and events brands, while also targeting upscale leisure travelers.
Dual-Branded Best Western Hotel Debuts in Austin
The 86-key newly developed hotel consists of 39 Executive Residency by Best Western guestrooms and 47 Best Western Plus guestrooms.
CIP Brokers Oregon Hotel Sale
The company worked on behalf of both the seller and the buyer for the sale of 69-key Howard Johnson Inn near downtown Salem.
Moody National Opens 182-Key Houston Hotel
The extended-stay Residence Inn by Marriott is located within the Texas Medical Center, the largest medical complex in the world.
Planned SF-Area Moxy Hotel Receives $50M in Equity Capital
An opportunity zone fund sponsored by EJF Capital provided the financing for the 173-key project in Oakland, Calif., which is being developed in conjunction with Tidewater Capital and Graves Hospitality.
Economos Properties Lands $53M for Dual-Branded Marriott
CBRE facilitated the construction loan for two upcoming hotels at Dania Pointe, a 102-acre mixed-use project in metro Miami that will offer a combined 350 keys.
New Home2 Suites by Hilton Debuts in Chicago
Akara Partners developed the 17-story property, which features 206 guestrooms and 5,000 square feet of retail space. This marks the opening of the brand’s 300th location.