Hotel
Marriott Opens Dual-Branded Hotel in CO
The property will share its common amenities, including the swimming pool, fitness center, an in-house movie room and four meeting rooms.
Eastern Consolidated Arranges $121M Financing for NYC Hotel
The real estate firm orchestrated a $97.5 million first mortgage and a $23.9 million mezzanine construction loan for the McSam Hotel Group’s development of a dual-branded, 526-key lodging project in Chelsea.
Marriott Opens New TownePlace Suites Near Nashville
The 101-key all-suite hotel is located within 12 miles of downtown Nashville and offers amenities including complimentary Wi-Fi and event space.
Dual-Branded Hotel Opens Near St. Louis Airport
The property is the 10th Sleep Inn and MainStay Suites dual-branded property to open across the country since the concept was first introduced in 2016.
Driftwood Buys 231-Key Dallas Lakefront Hotel
The five-story Hilton is located in The Harbor mixed-use development on Lake Ray Hubbard. TRC Capital Partners was the seller.
Home2 Suites Opens in Broward County
Managed by Naples Hotel Group, Home2 Suites by Hilton Miramar adds 101 suites to Greater Fort Lauderdale’s steady tourism industry.
Manhattan’s New Mondrian Hotel Gets Refi
An HFF team arranged the floating-rate loan with JPMorgan Chase Bank, N.A., on behalf of Moin Development Corp., sponsor of the 190-key luxury property. Proceeds were used to refinance the construction loan.
Caesars, VICI Close $1.1B Harrah’s Sale-Leaseback
The deal paves the way for Caesars to develop a new convention center and partially funds the firm’s previously announced acquisition of Centaur.
Luxury Hotel Breaks Ground in Tribeca
The partnership—including Caspi Development, Mactaggart Family & Partners and Barone Management—expects to deliver the 96-key Manhattan property in 2020.
Cambria Hotel Coming to Orlando
Choice Hotels International has once again teamed up with Stratus Development Partners to build a 153-key Cambria Hotel. The property is scheduled to open in 2020.