Hotel - Phoenix
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Apple Hospitality Expands AZ Portfolio With $44M Phoenix Buy
Developed by Mortenson Construction and designed by PK Architects, the 210-key Hampton Inn & Suites by Hilton Phoenix Downtown marks the REIT’s 12th hotel property in the state.
07 May 2018 16:01 -
Scottsdale Plaza Resort in AZ Receives $64M Refinancing
The property’s owners will use the proceeds to retire an existing $57.2 million CMBS loan from JPMorgan Chase, which they secured in 2006.
04 May 2018 17:25 -
Hilton Opens 3 DoubleTree Hotels
The company unveiled properties in Helena, Mont., Phoenix, and St. Paul, Minn., totaling 551 keys. Guest amenities include pools, meeting space and fitness centers.
19 April 2018 15:37 -
DiamondRock Grows Western Hotel Portfolio
The 242-key hotel first opened its doors in 2012, and is situated in downtown Phoenix, within the 1.2 million-square-foot CityScape mixed-use high-rise.
06 March 2018 17:46 -
Caliber to Develop Tucson Convention Center Hotel
The company partnered with Rio Nuevo, a municipal stadium and special taxing district, for the currently unbranded hotel. Construction is expected to begin later this year.
19 January 2018 14:42 -
Hospitality Ventures Completes Phoenix Hotel Renovation
The Embassy Suites by Hilton Phoenix North has opened its doors north of the city center, following extensive renovation work.
29 November 2017 15:50 -
AC Marriott Hotel En Route in Downtown Phoenix
Following multiple renovations and additions to the iconic Arizona Center, Parallel Capital Partners have contracted a developer to build an AC Marriott Hotel at the mixed-use project.
23 November 2017 11:31 -
Hilton Opens Dual-Branded Hotel in Tempe, AZ
The 228-key property is situated along Route 101, close to the Arizona State University Research Park, which hosts companies such as Amazon, Digital Realty and GoDaddy.
14 November 2017 15:52 -
Phoenix Ritz-Carlton Hotel and Residences Lands $282M
HFF arranged a $210 million senior land and construction loan with Bank of the Ozarks, as well as $72 million in mezzanine financing with Starwood Property Trust Inc.
12 October 2017 12:50 -
Xenia Invests $305M in 2 AZ Hotels
The company purchased the 493-key Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch in Scottsdale, Ariz., as well as the 119-key Royal Palms Resort & Spa in Phoenix. Both hotels will continue to be managed by Hyatt.
06 October 2017 14:24 -
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.
21 July 2017 12:00 -
Dual-Branded Marriott Hotel Opens in Phoenix
Hansji Corp. owns and manages the downtown destination, which features a 120-key Courtyard and a 200-key Residence Inn.
05 May 2017 18:10 -
Virtua to Develop SpringHill Suites Hotel in Avondale
A Virtua Partners-sponsored hotel will break ground this November, with entitlements currently being processed though the City of Avondale. The 130-key room property is part of a 58-acre mixed-use project.
06 April 2017 14:18 -
Westroc, Woodbine Open $100M Resort in Arizona
Mountain Shadows, the first new resort in Paradise Valley in eight years, features 183 guestrooms, 42 condominiums and suites, as well as a presidential suite facing Camelback Mountain.
06 April 2017 11:18 -
HCW Breaks Ground on Arizona Hotel
The Residence Inn Hotel by Marriott offers 142 guestrooms.
30 March 2017 13:50