Aimbridge Hospitality
Portman Closes on $540M Financing Package for Cincinnati Hotel
Construction is expected to start next month on the 700-key property.
Drawbridge Enters DFW With Office Buy
Newmark arranged the sale of the fully leased asset in Plano.
AHIP to Acquire $191M Hospitality Portfolio
The company will finance the acquisition with the proceeds of a recent $215 million disposition and a new loan.
Aimbridge Hospitality, Interstate Hotels to Merge
The combined company will be a global force in third-party management, providing services to a portfolio of more than 1,400 properties spanning 20 countries.
Marriott International Opens Milwaukee Hotel
Operated as a Marriott franchise, the six-story, all-suite property includes 119 guestrooms, and is located near downtown Milwaukee and roughly 15 miles from Milwaukee Mitchell International Airport.
New Home2 Suites by Hilton Debuts in Chicago
Akara Partners developed the 17-story property, which features 206 guestrooms and 5,000 square feet of retail space. This marks the opening of the brand’s 300th location.
Houston Marriott CityPlace Progresses, Taps General Manager
Mark Sampsell will supervise the completion of the 337-key hotel, which will anchor the CityPlace mixed-use project in Spring, Texas, and oversee operations when the property opens its doors in the fall.
CBRE Arranges $33M in Financing for Hyatt Hotel
Phoenix Development Partners used the loan to acquire and renovate the 301-key property located in Deerfield, Ill., off the interchange between interstates 94 and 294.
AHIP Names Aimbridge as Manager of Hotel Portfolio
In conjunction with its proposed acquisition of One Lodging Management, Aimbridge will assume responsibility for AHIP’s 115 properties.
TownePlace Suites in Austin Sells for $20M
The asset is situated near Dell’s corporate campus, Samsung’s semiconductor facility and General Motor’s IT innovation facility. The Texas State Capitol, The University of Texas and The Domain are located just minutes away from the hotel.