Hotel - Northeast

  • Waldorf Astoria NY to Undergo Major Renovation

    The upgraded hotel will feature restored public and event spaces, 350 new guestrooms and suites, as well as 350 residences. Architectural firm Skidmore, Owings & Merrill and interior designer Pierre Yves Rochon were tapped to design the new space.

    14 November 2017 14:46
  • New Bronx Hotel Developments Land $18M

    Meridian Capital Group arranged a 24-month construction loan featuring full-term, interest-only payments for the development of a Best Western and Sleep Inn hotels.

    09 November 2017 12:51
  • Aloft and Element Hotels Receive $140M Financing

    HFF arranged the financing of the 330- and 180-key hotels on behalf of the borrower, through Starwood Property Trust. The hotels opened for business in 2016.

    25 October 2017 20:32
  • Home2 Suites Pittsburgh Opens

    The three-story hotel is only a 20-minute drive away from Pittsburgh International Airport and offers a mix of suites and rooms.

    17 October 2017 17:28
  • Cambria Hotels Breaks Ground in South Boston

    Choice Hotels International is expanding its U.S. footprint with the addition of Cambria Hotel South Boston to its portfolio. The hotel is expected to open in 2019.

    16 October 2017 13:12
  • HFF Arranges Refi of Boston Hotel Portfolio

    The commercial real estate services firm landed a 10-year CMBS loan for Distinctive Hospitality Group’s refinancing of three properties in the city’s suburbs.

    11 October 2017 10:25
  • sbe Debuts 2 Mondrian Hotels

    The 270-key Mondrian Doha in Qatar and the 189-key Mondrian Park Avenue in New York City are the fourth and fifth Mondrian hotels globally, after properties in London, Los Angeles and Miami South Beach.

    10 October 2017 14:44
  • Walker & Dunlop Secures $15M Loan for Pittsburgh Hotel

    The company worked on behalf of the borrower, Reception Hotels and Resorts LLC, to provide the three-year, non-recourse construction loan. Reception Hotels and Resorts purchased the fifth and the sixth floors for the hotel.

    02 October 2017 17:11
  • Hilton Garden Inn Sells for $44M in Portsmouth, NH

    Chatham Lodging Trust is the new owner of the 131-key hotel, which opened in 2006. The company purchased the property from Cathartes Private Investments.

    25 September 2017 17:01
  • Fitch: More U.S. Lodging Consolidation Is Expected

    The growing power of industry leaders will drive more lodging consolidation, with Hyatt and La Quinta as desirable targets, per the rating agency’s most recent report on hospitality. Such growth strategies are also a way to balance the competitive environment disrupted by alternative accommodation operators.

    19 September 2017 16:40
  • Upcoming Queens Hotel Receives $44M Financing

    The construction of the dual-branded Marriott Hotel broke ground in 2015, and will bring a total of 338 guestrooms to the borough’s Jamaica neighborhood.

    12 September 2017 15:29
  • JV Scores Marriott Franchise Agreement for Hotel Development

    Bellefield Development and The Shaner Hotel Group will build a soft-branded Residence Inn in Hyde Park, N.Y. The 133-key project will be the first of two hotels set to be constructed on a 339-acre site.

    18 August 2017 15:47
  • Pod Hotels Coming to Times Square

    The brand is bringing a more micro unit-focused aesthetic, adding a 'plug and play' package of amenities to their extended-stay product.

    16 August 2017 12:51
  • JLL Lends a Hand in Iconic NYC Hotel Sale

    Highgate and the Rockpoint Group are the new owners of the 168-key Royalton in the heart of Midtown Manhattan.

    08 August 2017 12:30
  • Hilton Expands NYC Footprint

    The iconic ONE UN New York has relaunched as Millennium Hilton New York One UN Plaza, following a multimillion-dollar renovation. The hotel will be the seventh New York City property managed by Hilton Hotels & Resorts.

    07 August 2017 13:36