Hotel
DC-Area Westin Hotel Changes Hands for $62M
The 407-key transit-oriented Westin Tysons Corner is located in the largest office submarket in Virginia, providing easy access to the Dulles International Airport.
$300M Luxury Hotel Anchors Houston Tower Project
The Post Oak Hotel at Uptown Houston is part of a 10-acre mixed-use development featuring restaurants, retail, office and event space, including the Uptown/Galleria area’s largest ballroom and 35,000 square feet for conferences and meetings.
Colliers South Florida Expands Hospitality Team
John Wijtenburg has joined the company as vice president. He will be specializing in capital markets, with a focus on hotel and resort investment sales throughout Florida.
Las Vegas Sands to Sell Philly-Area Casino for $1.3B
Wind Creek Hospitality, an affiliate of the Poarch Band of Creek Indians of Alabama, will acquire the property in Bethlehem, Pa. The transaction is scheduled to close by year’s end or in early 2019.
Arriba Secures $41M for Atlanta Dual-Branded Marriott
The 194-key Fairfield Inn & Suites and Towneplace Suites will feature seven stories set atop a 220-space, five-story parking deck.
Omni Opens $300M Hotel in Kentucky
The tallest lodging destination in Louisville comes online as the city looks forward to the reopening of the Kentucky International Convention Center this summer, following a $180 million expansion.
EVEN Hotels Opens FL, OR Properties
Zieg Hospitality owns the 132-key Sarasota, Fla., hotel, while VIP Hospitality Group owns the 102-key property located close to downtown Eugene, Ore.
Staybridge Suites Changes Hands in North Dallas
Granitepark-Parkwood LLC sold a 101-key hotel in Plano, Texas, to Ascend Growth Partners. CBRE negotiated the deal on behalf of the seller.
Union Investment Buys $149M Portland Hotel
The Germany-based firm has acquired The Porter, a 294-key hotel, located in the city’s central business district. The acquisition marks the company’s sixth property in the U.S.
Lightstone’s Chelsea Moxy Hotel Tops Out
In partnership with Marriott, the company plans to open a total of four Moxy properties in New York City. The 349-key Chelsea hotel is slated for delivery this fall.