Marriott
Sun Hill Properties Acquires 2 CO Hotels
The company acquired the two Marriott-brand properties and plans to upgrade both hotels. The TownePlace Suites Denver Southwest provides convenient access to downtown Denver.
1st Phase of $58M Marriott Restoration in Puerto Rico Complete
JLL’s project and development services division finished the first leg of renovations to the Marriott San Juan Stellaris, which was significantly damaged during Hurricane Maria in 2017.
Marriott Opens New SpringHill Suites in CO
Located near businesses in the Denver Tech Center, the 88-suite SpringHill Suites Denver Tech Center will operate as a Marriott franchise.
DC Moxy Hotel Receives $47M Loan
Working on behalf of Douglas Development Corp., BHI arranged the refinancing of a 200-key hotel that includes more than 4,000 square feet of retail space.
First-Ever Marriott, Sheraton Hotel Takes Shape in TX
The dual-branded hotel in Amarillo, Texas, will be converted from an existing 229-key property. Mission Capital arranged financing for the project on behalf of developer Ram Hotels.
Marriott Opens 186-Key Hotel in Toronto
The company rebranded the property to Four Points By Sheraton Toronto Airport East. The hotel is situated roughly five miles from Toronto Pearson International Airport.
Daytona Beach Hotel Lands New Management
Hospitality Ventures Management Group has assumed management responsibilities for Delta Hotel by Marriott Daytona Beach Oceanfront, marking its second partnership with owner Summit Hospitality Group.
Rockbridge Selects New Management for ME Hotel
Interstate Hotels & Resorts will oversee management operations at the 289-key asset in Portland’s Arts District. The historic property opened its doors in 1927.
AD1 Global Acquires $93M Hotel Portfolio
Seller Lingerfelt Commonwealth Partners spent $8.5 million on renovating the properties during its three-year ownership. The five assets are located in Orlando, Atlanta and Charlotte. N.C.
Lightstone Secures Construction Loan for FL Moxy Hotel
Canyon Partners Real Estate and CapitalSource provided an equity and debt package for the 202-key Moxy South Beach. This marks Canyon’s second investment with Lightstone.