More Hospitality Stories
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Latest Atlanta & Southeast Hospitality Stories
Newmark arranged a $53 million refinancing for The American Hotel Atlanta Downtown, a 315-key hospitality asset located in Downtown Atlanta. The financing was provided by Structured Hotel Capital on behalf of the owner and sponsor RADCO Companies. Newmark’s Chris Kramer, Tyler Dumon and Tate Keir arranged the financing. Originally opened in 1962 as Atlanta’s first integrated …
Portman acquired the Westin Peachtree Plaza, a 1,073-key full-service hotel in downtown Atlanta, from Marriott International. The hotel will remain in Marriott’s portfolio under a long-term management agreement. Portman purchased the property through its Portman Hospitality Fund I. John Portman, the founder of Portman Holdings, designed and developed the tower in the 1970s. When it opened …
Latest Boston & New England Hospitality Stories
EOS Investors LLC, the real estate investment firm founded in 2017 by Jonathan Wang, has acquired The Press Hotel, Autograph Collection, a 110-key lifestyle hotel located in Portland, ME, for an undisclosed sum. The acquisition adds a top Portland hotel to EOS’s New England portfolio, encompassing 16 hotels, including eleven in Maine specifically. Simon Mais, …
Kasa, a hotel and apart-hotel brand and manager, has entered the Boston market with the opening of Kasa Boston at Fenway. Launched in partnership with Samuels & Associates, the property marks Kasa’s debut in Boston, among the most high-demand, undersupplied cities in the U.S. Kasa Boston at Fenway brings 47 apartments to Samuels & Associates’ Pierce …
Latest California Hospitality Stories
Sunstone Hotel Investors, Inc. said Tuesday it has agreed to sell the 821-key Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate for a gross sale price of $279 million, or approximately $340,000 per key. The sale price represents a 21.4x multiple on adjusted EBITDA and a 3.5% cap rate on hotel NOI for …
Sonnenblick-Eichner Company, on behalf of Ensemble Investments, LLC, has arranged $115 million in first mortgage debt to refinance a newly opened 155-key luxury waterfront hotel in Santa Cruz. The loan was originated by Madison Realty Capital, working with Newbond Holdings. The five-year, floating-rate, non-recourse financing is secured by La Bahia Hotel & Spa, which opened …
Latest Chicago & Midwest Hospitality Stories
National developer Portman has closed on $540 million in financing to develop the Cincinnati Downtown Marriott hotel. Portman is partnering with the City of Cincinnati, Hamilton County, the State of Ohio, Cincinnati Center City Development Corp., The Port of Greater Cincinnati and Visit Cincy. The new hotel will anchor the city’s reimagined Convention District, bringing …
Keystone Hospitality announced the acquisition of the Renaissance Indianapolis North Hotel, located at 11925 N. Meridian St. along the North Meridian Corridor in Carmel, Indiana. The 266-room property is Hamilton County’s largest full-service hotel and the only operating hotel in Indiana under Marriott International’s Renaissance Hotels lifestyle brand. “Indiana continues to emerge as a premier …
Latest Dealmakers of the Year Hospitality Stories
Latest Developers of the Year Hospitality Stories
Latest Florida & Gulf Coast Hospitality Stories
Northwood Investors sold Cheeca Lodge & Spa, a historic fishing and sporting resort destination located in Islamorada at the heart of the Florida Keys, to Bass Pro Shops. JLL advised on the sale. In April, Northwood listed the property for $300 million. Northwood Hospitality will continue to operate the 27-acre, 254-room resort. Over the past 15 …
MCR, owner of the Hilton Miami Airport Blue Lagoon, plans to add 1,000 hotel rooms by using space now used for surface parking. The idea is to build two 14-story buildings at 5101 Blue Lagoon Drive. Behar Font & Partners has been tapped to design the project. Florida YIMBY reports the existing hotel would remain …
Latest Global Hospitality Stories
Grupo Satli, together with Marriott International and Aimbridge Hospitality, has launched an international project in Riviera Maya (Mexico), further strengthening the positioning of the three companies in the all-inclusive resort segment. The 980-key resort will be developed by Grupo Satli and operated by Aimbridge’s specialized All-Inclusive Division. The property is expected to initially operate as …
Newmark has bolstered its UK Leisure practice with the appointments of Carys Chandler and Leo Llewellyn, joining as partner and associate, respectively. Their arrival follows the recent appointment of Richard Baldwin as a partner in Leeds. Chandler is recognized as a leading specialist in the caravan park sector, according to Newmark. She brings extensive experience in valuing …
Latest Innovators of the Year Hospitality Stories
Latest Investors/Owners of the Year Hospitality Stories
Latest Lenders Hospitality Stories
Latest National Hospitality Stories
A Marcus & Millichap video examines how inflation and energy prices might impact hotels this summer. The Bank of America Institute’s “Summer Travel 2026” outlook indicated that summer plans are continuing despite higher oil and gas prices. Thirty percent of respondents said that higher gas prices won’t change travel plans, while others might take fewer …
Hotel investors are concentrating capital in luxury and upscale leisure properties while new development remains difficult as financing costs remain elevated and underwriting standards tighten, Walker & Dunlop says in its inaugural Hospitality Outlook, “Capital, Divergence, and the Search for Durable Returns.” The outlook finds a widening divide across the lodging sector with performance increasingly …
Latest New York & Tri-State Hospitality Stories
Biddle Real Estate Ventures and PCD Development, through leasing agent Lee & Associates, announced the availability of a premier waterfront restaurant location at The Daymark, a newly completed luxury condominium building located within the Edge-on-Hudson mixed-use community in Sleepy Hollow, NY. Positioned directly along the Hudson River, the rare new-construction offering features two remaining retail spaces for sale or lease, …
South Street Partners, a private equity real estate investment firm headquartered in Charlotte, NC and Charleston, SC, acquired Crystal Springs Resort in Hamburg, Hardyston, Vernon and Franklin, NJ, from the founding families who have owned and operated the property since 1995. The price was not disclosed. Crystal Springs spans more than 1,400 acres in western …
Latest Phoenix & Southwest Hospitality Stories
Casino Del Sol, the resort enterprise owned and operated by the Pascua Yaqui Tribe, confirmed November 16 as the official opening date of Casino Del Sol, Vahi Taaʼam — the Tribe’s third gaming property. Located at 1055 W. Grant Road at Interstate 10, the 163,000-square-foot destination will include a 52,334-square-foot gaming floor that will feature …
The Denver City Council approved a zoning request allowing a four-team joint venture to move forward with a development that would include nearly 700 new housing units and between 50,000 and 125,000 square feet of retail, commercial and hospitality space. Known as the Denver Spur development, the project covers 74 acres to the east of Peña …
Latest Seattle & Northwest Hospitality Stories
The Port of Seattle recently unveiled the renovated C Concourse at Seattle-Tacoma International Airport. The redesigned C Concourse Expansion is located between the C and D Concourses. Four new floors rise from the former footprint of nonpublic space that primarily housed offices and tenant storage. The open atrium has ten new dining and retail options, …
Portland State University (PSU) will partner with Colas Development Group to build a 150-room hotel and conference center in downtown Portland. The more than $70 million project is part of a larger mixed-use Performing Arts + Culture Center development. The project’s proposed 3,000-seat Broadway-capable venue will be owned by the city of Portland, and additional …
Latest Texas Hospitality Stories
The Alabama-Coushatta Tribe of Texas recently broke ground on the Naskila Casino Resort in Leggett, north of Houston. The roughly 685,000-square-foot Naskila Casino Resort is on 95 acres of Alabama-Coushatta Tribal land and will include a large gaming floor, a 366-room hotel, entertainment amenities, various dining options, a resort-style pool complex, and an event and conference space. …
EVO Entertainment acquired the former Xscape Movie Theater in the Katy-Fulshear market. The sale of the 55,000-square-foot theater building was brokered by Newcor’s Rob Banzhaf and Alexander Rizzotti, who represented the seller, Patoka Capital. EVO Entertainment plans to expand the property into a nearly 70,000-square-foot entertainment destination combining a renovated cinema with dining, recreation and …
Latest Transactions of the Year Hospitality Stories
Latest Washington DC & Mid-Atlantic Hospitality Stories
VIVÂMEE Hospitality, LLC has completed the combined $25 million acquisition of two premier Mid-Atlantic golf and hospitality assets: Queenstown Harbor Golf Resort and The Golf Club at South River. Together, the portfolio comprises 54 holes of championship golf across more than 870 acres of waterfront and conservation-protected land in one of the most affluent and supply-constrained markets in …
Indiana-based Capacity Sports Group has acquired two owned campuses in the greater Philadelphia region, totaling more than 300,000 square feet of indoor space and approximately 80 acres of outdoor fields. United Sports in Downingtown, Pennsylvania, was founded in 1998 and is one of the largest indoor and outdoor multi-sport complexes in the Mid-Atlantic and Northeast, …



























