Marriott
Nashville Commercial Real Estate Wrap-Up – August 2020
Facebook breaks ground on $800 million data center. Luxury hotel opens in SoBro. Check out our August list of Nashville must-reads.
McCarthy Building Launches Development of Marriott-Branded Hotel
Goldenrod Cos. will build the $23 million property on The University of Nebraska-Lincoln’s Innovation Campus.
Renaissance Baltimore Harborplace Hotel Commands $80M
Sunstone Hotel Investors reportedly agreed to lower the price of the 622-key waterfront property in response to the pandemic.
Construction Completed on Florida Panhandle Hotel
The four-story hotel in Panama City Beach is less than two miles from the waterfront.
Dunn Hospitality Acquires Indiana Hotel Site
Plans call for a 145-key Courtyard by Marriott within Thompson Thrift’s mixed-use development in Fishers.
How the Coronavirus Relief Bill Helps Hotels
The hospitality sector will have access to various initiatives designed to ease the blow of COVID-19, according to Marcus & Millichap.
Marriott Secures $1.5B Revolving Credit Facility
The hotel giant expects the new financing to help with liquidity as it grapples with closed hotels and declining RevPAR and occupancy rates.
Graves Hospitality Obtains $12M Refi for Uptown Minneapolis Hotel
The 125-key Marriott-branded property is the first ground-up, purpose-built Moxy hotel in the Americas.
MCR Enters Massachusetts With SpringHill Suites Acquisition
The new owner shelled out $16.2 million for the 164-key hotel in Peabody.
Marriott Opens First AC Hotel in Chile
The newest Marriott-brand hotel is situated close to the international airport.