More Hospitality Stories
Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way.
Latest Atlanta & Southeast Hospitality Stories
The Carolina Panthers will soon start an $800 million makeover of Bank of America Stadium. Stadium renovations and additions will continue through 2030, carried out in phases between NFL and Major League Soccer seasons. In June 2024, the Charlotte City Council approved spending $650 million in tourism tax revenue to pay for 80% of the …
Newmark announces the Company has arranged a $51 million loan on behalf of the Virgin Group to refinance Virgin Hotels Nashville, a lifestyle hotel located in Nashville, Tennessee. Newmark’s Global Debt & Structured Finance team led by Jordan Roeschlaub, Nick Scribani, Tyler Dumon, Holden Witkoff and Tate Keir secured the financing through Apollo. Located in the heart of …
Latest Boston & New England Hospitality Stories
Churchill Downs Inc. (CDI) will expand its existing Casino Salem within The Mall at Rockingham Park in Salem, NH. The current 19,000-square-foot facility will be redeveloped as Rockingham Grand Casino, occupying 160,000 square feet across three floors of the largest mall in the state. The new facility will feature 825 historical racing machines, 32 table …
The Kraft Group advanced its plans to build a 24,000-seat soccer stadium in Everett, MA, reaching a total of $138 million in community benefits agreements with the cities of Boston and Everett. Boston—whose Charlestown neighborhood borders the planned stadium site for the New England Revolution team—will receive $48 million in community benefits over 15 years, …
Latest California Hospitality Stories
Talonvest Capital, Inc., a Newport Beach-based boutique advisory firm specializing in commercial and self-storage real estate, has expanded its platform into the hospitality finance sector. The new platform will be led by Jeff Miller, one of the hotel industry’s most accomplished finance executives, and will focus on sourcing debt and equity solutions for hotel owners, developers, …
Consortium Brand Partners (CBP) anticipates “a new era of growth” for California Pizza Kitchen (CPK), the casual dining restaurant chain launched in 1985 in Beverly Hills. CBP, Eldridge Industries, Aurify Brands and Convive Brands have agreed to acquire CPK, which has been owned by its lenders since emerging from Chapter 11 bankruptcy in 2020. Although …
Latest Chicago & Midwest Hospitality Stories
JLL has secured the refinancing for a dual-brand hotel portfolio, supporting the sponsors’ ongoing ownership and capital planning strategy in Chicago’s River North district. JLL worked on behalf of the borrower, a joint venture between Friedman Properties and White Lodging, to secure a fixed-rate, five-year loan through PGIM Real Estate’s lending business. The JLL Debt …
Marcus & Millichap completed the sale of a 78-room Comfort Suites hotel property in Elgin, Illinois. “The property offered an attractive opportunity due to its recent full renovation to Choice Hotels’ latest Rise and Shine brand standards,” said Ebrahim Valliani, managing director investments. “As an all-suites property with strong in-place fundamentals, it was a strategic …
Latest Dealmakers of the Year Hospitality Stories
Latest Developers of the Year Hospitality Stories
Latest Florida & Gulf Coast Hospitality Stories
The Mayo Clinic developed a hotel last year to ensure family and friends could stay near where their loved ones were being cared for. Baptist Health plans to develop a 15-story hotel on Jacksonville’s Southbank adjacent to its hospital. Baptist Health aims for the building to include two hotels with 226 rooms within the Marriott family: one …
Accesso purchased over 76 acres of land located at the northeast intersection of Interstate 4 and U.S. 192 in Osceola County, within the Orlando MSA, to develop Ovation Orlando, a $1 billion master-planned mixed use entertainment district slated to break ground in Q1 2026. The site was acquired for over $70 million. It’s located about …
Latest Global Hospitality Stories
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 …
Global sales of hotel properties totaled $24.5 billion in the first half of 2025, down 17.5% year-over-year and 31% from the same period in 2019, JLL said in its newly issued Global Hotel Investment Trends research report. The number of sale transactions was down from the year-ago period, while the share of sales commanded by sub-$200-million properties climbed to 77%. …
Latest Innovators of the Year Hospitality Stories
Latest Investors/Owners of the Year Hospitality Stories
Latest Lenders Hospitality Stories
Latest National Hospitality Stories
The hospitality sector is bifurcated. While the broader U.S. hotel industry is experiencing weak demand from both domestic and international markets, the high-end segment is performing quite well. Walker & Dunlop CEO and Chairman Willy Walker and Fontainebleau Development’s CEO Jeffrey Soffer compared notes during the Dec. 17 Walker Webcast. The 40-minute event touched on …
Global sales of hotel properties totaled $24.5 billion in the first half of 2025, down 17.5% year-over-year and 31% from the same period in 2019, JLL said in its newly issued Global Hotel Investment Trends research report. The number of sale transactions was down from the year-ago period, while the share of sales commanded by sub-$200-million properties climbed to 77%. …
Latest New York & Tri-State Hospitality Stories
Walker & Dunlop, Inc. secured a $112.5-million loan to refinance the Ace Hotel Brooklyn, a 13-story, 154,947 square foot, 287-room full-service hotel located at 252 Schermerhorn St. in Brooklyn. Walker & Dunlop Capital Markets Institutional Advisory arranged the transaction for an affiliate of GFI Capital Resources Group, Inc. and Spruce Capital Partners. Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith …
Convene Hospitality Group (CHG) has completed the acquisition of NeueHouse under the terms of an Asset Purchase Agreement approved in bankruptcy court. CHG has acquired the brand’s intellectual property and the operations of the NeueHouse Madison Square location at 110 E. 25th St. “We’ve long been fans of the NeueHouse brand and wanted to preserve and nurture …
Latest Phoenix & Southwest Hospitality Stories
The Cambria Hotel Mesa is being built on the corner of Elliot and Ellsworth roads in Mesa and is one of the anchor tenants of the upcoming $60 million East Gate Plaza shopping center. The Phoenix Business Journal reports this will be the third Cambria property in the Valley. The brand is owned by Choice Hotels …
The town of Nederland has bought the Eldora Ski Resort up the mountain from Boulder for $120 million. The seller, Powdr Corp., will remain for two years to assist with hiring, IT systems, marketing, and capital planning. The Denver Business Journal reports the town will pay Powdr $1 million per year. After two years, 303 Ski, …
Latest Seattle & Northwest Hospitality Stories
Gensler, in partnership with the University of Washington, Mortenson, and other project partners, has completed UW’s new 36,000-square-foot Women’s and Men’s Intercollegiate Athletics Basketball Training Facility. “Gensler is thrilled to celebrate the completion of the UW Basketball Training Practice Facility—a project that embodies our deep commitment to elevating both women’s and men’s athletics,” said Francesly …
Three Seattle-area Sonesta hotels recently sold for $42 million. Trimark Hospitality Group purchased properties from Service Properties Trust in September, reported the Puget Sound Business Journal. The properties include Sonesta Select at 14615 NE 29th Place in Bellevue and two neighboring hotels in Renton: Sonesta Select at 200 SW 19th St. and Sonesta Simply Suites …
Latest Texas Hospitality Stories
Cawley Partners and Alamo Manhattan purchased 2909 Cole Ave., a three-story office tower. The new owners plan to convert it into a 140-room hotel. Alamo built the Marriott Dallas Uptown hotel on Fairmount Street. The Dallas Business Journal reports that the two firms purchased the building from Aberfeldy Properties Inc. Located between the Turtle Creek and Uptown …
Developers of the planned JW Marriott Resort McKinney Craig Ranch hotel originally planned to move dirt on the hotel this year, but have had to delay the project until they can obtain financing. Community Impact reports construction commencement and completion deadlines are being extended by 120 days. Construction must now start by April 30, 2027, …
Latest Transactions of the Year Hospitality Stories
Latest Washington DC & Mid-Atlantic Hospitality Stories
The Washington Commanders and HKS have unveiled the first conceptual renderings of the team’s new, world-class stadium. The roofed stadium will be a year-round destination for sports, entertainment and community engagement, integrating sustainable design practices and reimagining the fan experience through immersive spaces. HKS has developed this first round of visuals in partnership with the …
The Washington Commanders announced their selection of HKS, a global architecture and design firm, as the lead architect for the team’s new, state-of-the-art stadium. Anchored by the stadium and the franchise’s historic $2.7 billion private investment in Washington, D.C., 180-acres at the historic RFK site will be transformed into a year-round destination for sports, entertainment, …
Latest Stories From
People & Company News, Week of January 16, 2026
Markets | January 16, 2026Angeles Wealth Acquires XO Capital, Launches Dedicated Family Office Platform
Direct Investment | January 16, 2026Angeles Wealth Management has acquired boutique advisory firm XO Capital, marking the formal launch of its family office affiliate, Angeles Family Office (AFO), as the firm deepens its focus on complex, multigenerational wealth. Founded in 2021 by Adam Stern and Jason Oclaray, XO Capital specializes in family office advisory, business management, and investment oversight. Through the transaction, Angeles ...
Terreno Realty Secures $200M Unsecured Term Loan
Alternative Assets | January 16, 2026Terreno Realty Corporation has closed a new $200 million unsecured term loan with a five-year tenor, maturing on January 15, 2031. The facility will bear interest at a floating rate of SOFR plus 1.15% to 1.65%, with the spread determined by the company’s leverage level; Terreno’s current rate is set at SOFR plus 1.15%. The company used proceeds from the term loan ...
Bonaventure Launches $50.1M Waterfront Multifamily DST
Alternative Assets | January 16, 2026Bonaventure has launched Promenade Pointe DST, a 1031 exchange–eligible offering centered on a Class A waterfront multifamily community in Norfolk, Virginia. The Delaware statutory trust carries approximately $50.1 million in total capitalization, including $20.1 million of investor equity. Promenade Pointe is a 183-unit property developed by Bonaventure in 2013, with the firm serving as owner-operator since 2014. ...





























