Hotel
Caesars, VICI Properties Close $42M Sale of Historic Reno Hotel
The new owner plans to transform Harrah’s Reno into a mixed-use property dubbed Reno City Center.
Where Are the Top Markets for Short-Term Rental Investing?
AirDNA found a major shift in its rankings of the most promising locations for investment in short-term vacation rentals.
119-Key TownePlace Suites Opens in Ohio
Crawford Hoying and Shaner Hotels completed the extended-stay property near Ohio State University in Upper Arlington.
Colony Capital to Sell $2.8B Hospitality Portfolios
Highgate Hotels will take over 197 properties totaling 22,676 keys in one of the sector’s largest deals since the start of the pandemic.
Hotel Equities to Manage 36-Property Midwest Portfolio
The management company and its affiliate are slated to handle future transactions, conversions and upcoming developments.
Amazon Buys Northern Virginia Hotel for HQ2 Phase Two
An Amazon subsidiary purchased a Pentagon City, Va., hotel from Blackstone Group for $148.5 million, clearing the way for the e-commerce giant’s second U.S. headquarters.
VICI Properties Provides $400M Mortgage to Caesars Entertainment
The loan between the two companies, which have numerous connections, is secured by the Caesars Forum Convention Center in Las Vegas.
Crescent Purchases 330-Key Hotel in Atlanta Suburb
The asset is located within Avalon, the $1 billion, 86-acre mixed-use development in Alpharetta.
CIM Group Debuts Gallery Tower in Las Vegas
The project marks the first ground-up hotel to be built in the downtown area in more than 10 years.
Crestline Tapped to Manage Hyatt Hotels in Phoenix
The dual-branded hospitality property on the Arizona State University campus comprises a total of 259 keys.