Hotel

CBRE Secures $27M Loan for Minneapolis Hotel

The developer plans to build in downtown Minneapolis as part of a block of development that includes an apartment tower, brewery and its own new headquarters.

Hotel

JV Purchases World’s Largest Timeshare Resort

Hilton Grand Vacations and Blackstone Real Estate Partners VIII acquired The Elara, which features 1,201 keys, four penthouse floors, 2,300 square feet of retail and 17,000 square feet of ballroom space.

Slideshow

Siegel Suites Grows Phoenix Footprint

The company has purchased a property which was previously targeted by ADOT’s Loop 202 expansion plans. The firm will rebrand the asset and will undertake an extensive renovation program.

Hotel

Regions

Change City

Wyndham to Buy AmericInn Brand for $170M

The transaction includes 200 franchised hotels, as well as management company Three Rivers Hospitality. The portfolio totals 11,600 rooms and a pipeline of 23 projects.
National 21 July 2017 10:32
BAMO Helms Historic Galleria Park Hotel Makeover

The redesign of the Joie de Vivre in San Francisco draws inspiration from the Art Deco bones of the 1911 building and comes on the heels of a $4 million makeover completed in 2013.
San Francisco 20 July 2017 12:25
IHG Debuts Largest Holiday Inn Express in Hawaii

The largest property in the Americas, the Waikiki hotel has 44 stories, 596 guestrooms, 4,700 square feet of flexible space and 1,500 square feet of outdoor seating.
Honolulu 20 July 2017 11:00
Condor Hospitality Picks Up 3 More Hotels

The REIT takes another step forward in its portfolio repositioning effort with the addition of a 366-key group of Texas properties. The assets traded for almost $60 million.
Austin 20 July 2017 08:21
Mission Capital Arranges Acquisition Financing for Houston Hotel

The New York City-based company arranged a $15.3 million acquisition loan for the 120-key Staybridge Suites Houston—Medical Center in Houston.
Houston 19 July 2017 17:18
Embassy Suites by Hilton St. Augustine Tops Off

Set adjacent to Anastasia State Park, the resort boasts 535 feet of ocean frontage and will feature 175 rooms. Phase II will include an additional 90 to 100 accommodations.
Jacksonville 19 July 2017 15:57
Lifescapes Completes Design for $1.1B Resort in South Korea

Paradise Group and Sega Sammy Holdings are developing the 83-acre project, which will include a luxury hotel, a casino, a convention center, an art gallery, retail and restaurants.
International 19 July 2017 15:13