Hotel - Northeast
Cities
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Ground Breaks on $500M Ritz-Carlton in NYC
Marriott International and Flag Luxury Group have teamed up to develop the 250-key property in Manhattan’s increasingly popular NoMad neighborhood, adding guest accommodations and branded residences to the market.
06 September 2018 12:05 -
Peachtree Snags New Hotel in Charlottesville, VA
HREC Investment Advisors worked on behalf of Titan Hotel Group to arrange the sale of the newly constructed 117-key Fairfield Inn & Suites near the city's historic downtown.
05 September 2018 11:06 -
Shaner Hotels Opens First Marriot Hotel Near Airport
Fairfield Inn & Suites Harrisburg Hershey offers 86 rooms, 37 suites and two meeting rooms totaling more than 1,600 square feet of space.
31 August 2018 16:32 -
Home2 Suites Breaks Ground in PA
The 109-key hotel west of Philadelphia is slated to come online by next summer. Investment company Roch Capital owns the project.
30 August 2018 12:08 -
Claremont Acquires Downtown Boston Hotel
Boston Wharf Co. built the asset in 1901 as The Stillings Building. The property, redeveloped in 2013 as an adaptive reuse project, now offers 120 loft-style suites.
29 August 2018 12:17 -
ARTIC Refinances 3 Luxury Hotels for $503M
The Qatari investor engaged HFF to source separate loans for the properties in New York, Miami and Washington, D.C. Mack Real Estate Credit Strategies was the lender on each deal.
20 August 2018 13:30 -
Boston Hotel Project Receives $300M Loan
New Boston Hospitality and Omni Hotels & Resorts will use the financing, provided by a syndicate of banks, to construct a 1,055-key luxury property.
10 August 2018 11:32 -
Neema Hospitality Acquires 2 Pittsburgh-Area Hotels
Fairfield Inn & Suites Slippery Rock and Holiday Inn Express & Suites Pittsburgh SW bracket the city to the north and south. The company now owns 11 hotels across Pennsylvania, Maryland and West Virginia.
09 August 2018 12:16 -
Magna Hospitality Group Sells 216-Key NY Hotel
HFF worked on behalf of the company to arrange the transaction, and secured a three-year, floating-rate acquisition loan for the buyer.
02 August 2018 09:58 -
MCR Expands Northeast Hospitality Portfolio
The New York-based company acquired a 160-key Hilton Garden Inn near the T.F. Green International Airport in Warwick, R.I.
24 July 2018 11:57 -
New Ritz-Carlton to Call Manhattan Home
Atalaya Capital closed $315 million in financing for Flag Luxury Group’s construction of the NoMad hotel, which is slated for a 2021 delivery.
19 July 2018 08:52 -
Marx Development Gets $88M in Financing for Hudson Yards Hotel
Meridian Capital Group secured the 24-month term loan from Mack Real Estate Credit Strategies. The developer plans a 42-story, Marriott-branded property across from the Javits Center on Manhattan's Far West Side.
13 June 2018 10:14 -
Westgate Resorts Buys Vintage Manhattan Hotel
The historic 300-key hotel in Tudor City, near Grand Central Station, has been rebranded as the Westgate New York City. It’s the company's first acquisition in a major city.
12 June 2018 09:41 -
Pittsburgh Embassy Suites Changes Hands for $25M
The sale of Embassy Suites Pittsburgh Airport hotel in Coraopolis was brokered by Marcus & Millichap, equating to a price of $112,108 per key.
07 May 2018 15:57 -
AC Hotel Opens in Midtown Manhattan
The 290-key Marriott property located near Times Square is the company’s first AC Hotel in New York City.
30 April 2018 14:38