Hotel
Yotelpad Miami Breaks Ground
The 327,400 square-foot mixed-used asset will include 231 condos and 222 guestrooms. Aria Development Group and Aqarat expect the project to be completed in 2021.
Fairfield by Marriott Coming to Japan
A subsidiary of Pacifica Capital K.K. has partnered with Marriott International to open a 300-key hotel in Osaka. The 14-story property is scheduled for completion in 2020.
US Hospitality Sector Continues Growth Trend
Despite macroeconomic concerns and an overall expectation that the industry metrics are slowing down, hotel profits increased last year, according to a new HotStats report.
Indianapolis-Area Hilton Hotel Tops Off
Developer White Lodging Services Corp. broke ground on the 136-room Fort Wayne hotel in June 2018 and expects to deliver it in July this year.
107-Key Boston-Area Resort Changes Ownership
Newport Hotel Group purchased Nantasket Beach Resort in Hull, Mass. An HFF investment advisory team has brokered the transaction.
Atlanta Hotel Receives $36M Refi
Knighthead Funding originated the loan for the refinancing of Kimpton Overland Hotel. Adjacent to Hartsfield-Jackson International Airport, the asset opened in 2017.
Largest New PACE Construction Project in Ohio Receives Funding
PACE Equity funded more than 22 percent of the capital stack of a highly-sustainable new Homewood Suites and Hilton Garden Inn in Easton Town Center.
Hilton Nashville Green Hills Welcomes First Guests
The property, situated just 5 miles from the city’s central business district, is the only full-service hotel in the area.
EVs Roll Out of California With Real Estate Partnerships
More than 100 apartment communities, workplaces and hotels have signed on to provide Envoy Technologies’ electric vehicles as an on-site amenity.
New 150-Key Homewood Suites by Hilton Opens in Austin
Homewood Suites by Hilton Austin Downtown is close to the Austin Convention Center and offers easy access to the popular 6th Street Entertainment District.