JMI Realty

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Petco Park’s $250M Neighbor Nears Construction Start
The end of March saw Civic San Diego approve a development project near Petco Park, with construction set to commence later this month. The Ballpark Village development is one of the city’s largest planned housing projects, and is estimated at around $250 million. JMI Realty, the company responsible for the development of Petco Park, is partnering with Lennar Homes on the development of the master-planned district. Ballpark Village is located in the vicinity of the arena - currently the home of the San Diego Padres - that opened 11 years ago this month.
San Diego
TRT, JMI Get $140M in Financing for Omni San Diego Hotel
TRT Holdings and JMI Realty, owners of the luxury Omni San Diego in the city’s downtown Ballpark District, have refinanced the existing debt on the hotel with a $140 million loan secured through HFF.
West
Carey Watermark JV Buys 365-Room Sheraton Austin Hotel at the Capitol
Carey Watermark Investors Inc. has Austin under its skin. The company just made its second acquisition in the city in two months with the purchase of the 365-room Sheraton Austin Hotel at the Capitol, in a joint venture with JMI Realty.
Austin

  • JMI Realty Acquires Hyatt Regency Denver Tech Center; FEMA Leases Office Space in Englewood

    Chicago-based Hyatt Hotels Corporation recently announced that one of its affiliates has sold the Hyatt Regency Denver Tech Center to an affiliate of JMI Realty for around $60 million or $133,000 per key. As part of the deal, Hyatt has also entered into a franchise agreement with JMI Realty. Davidson Hotels & Resorts will manage the hotel for JMI Realty under the Hyatt Regency flag.

    Denver 26 September 2013 05:23

  • Van Zandt Hotel Breaks Ground in Austin

    Austin’s Rainey District has a new construction site at Red River and Davis Streets. Previously expected to break ground in June, Hotel Van Zandt is being developed by JMI Realty and will be operated by San Francisco’s Kimpton Hotels, a company specialized in chic boutique hotels. Completion date is set for 2015.

    Austin 25 August 2013 21:59

  • 327-room Boutique Hotel to Break Ground This Summer in Downtown Austin

    JMI Realty is finally optimistic about its 327-room hotel project planned for downtown Austin. After five years of being stalled due to the economic recession, the hospitality project is finally on track, expected to break ground by June 2013.

    Austin 01 March 2013 16:48