Chris Jackson

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    Ashford Hospitality Prime has agreed to purchase the 266-key Ritz-Carlton hotel, reflecting the REIT’s strategy of acquiring institutional-quality assets in high-growth markets across the U.S.

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    The Park @ 429 in the Orlando MSA is scheduled for completion next month. The Fort Lauderdale-based home retailer is expected to open its new location this October.

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  • Dermody Snags Seattle-Area Industrial Complex

    The firm acquired the three-building property as well as 18 acres on which an additional warehouse will be built. Meridian Campus Corporate Park's location is considered ideal for expedient distribution to the Northwest’s major population centers.

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  • Aloft Hotel Receives $18M Construction Loan

    Developed by Michael Tchakmakjian, the new 85-key hotel will be located in Glendale, Calif. and is expected to open in May 2019.

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  • Airbnb Faces Adoption Slowdown

    A recently published report by Morgan Stanley shows that Airbnb's initial utilization rate prediction for 2017 will only be reached by the end of next year. In the light of the platform's struggles to maintain the momentum gained in 2015 and 2016, online travel agencies gain significant ground.

    28 November 2017 10:36