Hotel
Hyatt Regency to Debut in Budapest
The opening of the 231-key hotel in 2020 will mark the brand’s entry into the Hungarian capital. The property will offer a spa, a restaurant and a 4,000-square-foot ballroom.
MCR Expands Northeast Hospitality Portfolio
The New York-based company acquired a 160-key Hilton Garden Inn near the T.F. Green International Airport in Warwick, R.I.
Cambridge Landmark Nabs 481-Key Hyatt in Milwaukee
Hyatt Corp. will continue to operate the property under its current name. The full-service hotel is located near the Wisconsin Center and the Shops of Grand Avenue.
NKF Capital Markets Arranges Sale of MD Hilton
The 301-key Hilton Washington North Gaithersburg offers a swimming pool and a fitness center. The property is set to undergo an extensive renovation plan under the new owner.
Largest Residence Inn by Marriott Opens in London
The 319-key hotel will include seven one- and two-bedroom suites with fully-equipped kitchens, separate living, working and sleeping areas. The property is the third largest Residence Inn hotel in the world.
New Ritz-Carlton to Call Manhattan Home
Atalaya Capital closed $315 million in financing for Flag Luxury Group’s construction of the NoMad hotel, which is slated for a 2021 delivery.
VICI Properties Shells Out $508M for Las Vegas Hotel
The deal for the 668-room Octavius Tower is also tied to the forthcoming sale-leaseback of Caesars Entertainment’s Harrah’s Philadelphia casino.
Coconut Grove to Welcome Luxury Hotel
The Italian coast-inspired project, which is scheduled for completion in late 2018, will feature a wide array of amenities in the heart of Miami’s historic neighborhood.
Silicon Valley Mixed-Use Project Gets $250M
The debt and equity capitalization package supports the development of Ameswell Mountain View, a Class A office and upscale hotel asset that recently broke ground.
Interstate Hotels to Manage DC Luxury Asset
Junson Capital picked up the recently renovated, 15-story, 319-key Westin Alexandria in January for $76.5 million from Chartres Lodging Group.