Hotel - West
Cities
-
Eldorado Resorts to Sell 2 Casinos for $155M
The news comes on the heels of the collapse of a previous agreement to transfer the properties to Maverick Gaming.
28 April 2020 12:33 -
Tropicana Las Vegas to Sell in $338M Leaseback Deal
The deal is set to provide Penn National Gaming with more liquidity during the coronavirus outbreak.
30 March 2020 11:19 -
Q&A: How Can Hotels Prepare for an Optimized Recovery?
The hotel industry is one of the hardest-hit sectors by the coronavirus outbreak. Kidder Mathews’ John Gordon shares some solutions hotel operators might implement now and going forward.
27 March 2020 16:01 -
California Lockdown Poised to Batter Real Estate
The shelter-at-home order, which covers 40 million people, brings more uncertainty for property owners and managers.
23 March 2020 14:13 -
Pebblebrook to Debut Green-Centric Brand in San Francisco
The lodging REIT will transform the iconic 200-key Hotel Vitale via a $25 million renovation, bringing its sustainability-focused 1 Hotel flag to the city.
20 February 2020 15:04 -
Southwest Value Partners Buys 2 Phoenix-Area Hilton Resorts
The new owner plans substantial upgrades at the two Scottsdale properties.
03 February 2020 16:02 -
New Residence Inn in California Receives $41M Loan
Sonnenblick-Eichner has arranged mortgage financing for the extended-stay hotel in Walnut Creek that opened in December.
16 January 2020 14:59 -
Caesars, VICI Sell Reno Hotel for $50M
Caesars signed a lease with the new owner, to continue operating at the property until the second half of 2020.
16 January 2020 14:48 -
Blackstone Makes $4.6B Deal in Las Vegas
The private equity giant’s REIT formed a joint venture with MGM Growth Properties to acquire the MGM Grand and Mandalay Bay.
15 January 2020 14:48 -
Hilton San Jose Sold for $118M
The 353-key property is located near major San Jose institutions and event venues.
14 January 2020 15:31 -
MGM Resorts Sells Circus Circus for $825M
The 51-year-old Las Vegas hotel and casino was acquired by billionaire casino mogul Phil Ruffin.
27 December 2019 13:32 -
Ace Hotel Downtown LA Sells for $117M
Park Hotels & Resorts sold the asset to pay down debt from its recent acquisition of Chesapeake Lodging Trust.
23 December 2019 10:00 -
Newly Opened Hyatt Regency Hotel Trades for $190M
The 600-key hotel marks Hyatt’s first full-service property in Portland, Ore.
20 December 2019 13:10 -
JV Brings 149-Key Hotel to Utah
JLL arranged a three-year construction loan for the development of Cottonwood Courtyard in Cottonwood Heights, Utah.
16 December 2019 15:49 -
Largest Cambria Hotel Opens in Orange County
The 352-key hotel was built by Nexus Development Corp. and is located within walking distance of Disneyland.
16 December 2019 13:18