Hotel
Dual-Branded Marriott Opens in St. Louis
Construction on the project, which contains a 110-key Courtyard and a 101-key all-suite Residence Inn, began in the summer of 2017.
Mission Capital Secures $19M Loan for Two NC Hotels
The portfolio comprises a 91-key Home2 Suites by Hilton and a 95-key SpringHill Suites by Marriott in Winston-Salem. A Milestone entity will manage the assets.
Hilton Launches Micro-Hotel Brand
The modestly priced lodging destinations will provide visitors with adaptable guestrooms and amenities to create a customized experience in top urban destinations.
Queensgate Acquires DC Hotel for $54M
The company acquired the 148-key Courtyard by Marriott Washington, D.C., from affiliates of Quadrangle Development and Capstone, with plans to reopen the property under the Generator flag.
Korean Fund Manager Provides $126M Loan for Toronto Hotel
Princes Gates Hotel LP, owner of Hotel X Toronto, will use the funds to refinance the newly opened, 404-key lodging destination.
NC Aloft Hotel Lands $25M Refi
Walker & Dunlop structured the 10-year, non-recourse refinance loan for the 115-key Aloft Asheville, working on behalf of McKibbon Hospitality, the property’s owner and developer.
Disney World to Add Nature-Themed Resort
Joining three other new or extensively renovated destinations in the area, the project will bring more than 900 guestrooms and Disney Vacation Club villas to Lake Buena Vista, Fla.
SunTrust Arranges $50M for Purchase of Dual-Branded Marriott Hotel
Key International is the new owner of a 255-key property in Clearwater Beach, Fla., which incorporates both a Residence Inn and a SpringHill Suites.
Berkadia Secures $13M Refi for Miami Beach Hotel
The brokerage team represented borrower Eidico, an Argentinean real estate developer specializing in hospitality, which acquired The Lord Balfour Hotel roughly eight years ago.
Blackstone Buys Maui Hotel, Condo Property
Ares Management, SMW Hospitality and Trinity Investments sold the Ritz-Carlton, Kapalua, which encompasses a 297-key luxury resort and 107 condos on the Hawaiian island’s northwest shore.