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Trigild and Blu Hotel Investors Acquire Second Hotel

Trigild and Blu Hotel Investors Acquire Second Hotel

SAN DIEGO—Expanding their Southern California hotel portfolio, San Diego-based Trigild and Santa Barbara-based Blu Hotel Investors have completed the $16.5 million acquisition of the three-story, 100-room Holiday Inn Express Hotel & Suites in Santa Cruz. Trigild, a real estate services ...

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Jackknife Bar and Lounge Opens at Sentinel in Portland

Jackknife Bar and Lounge Opens at Sentinel in Portland

PORTLAND, Ore.—Jackknife, a destination bar and lounge, is now open in the lobby of Sentinel, Provenance Hotel’s new Portland location that debuted in March in the former Governor Hotel. The hotel is situated in two historic buildings in the heart ...

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Adaptive Reuse Project in Atlanta to Include Hotel Indigo

Adaptive Reuse Project in Atlanta to Include Hotel Indigo

ATLANTA–Portman Holdings has purchased a 414,768-square-foot office tower in downtown Atlanta. The 50-year-old building was first developed as an office building by Portman in 1965 as part of the Peachtree Center mixed-use development. Renovation will commence immediately to convert the ...

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Attract China Names Joseph McInerney to Board

Attract China Names Joseph McInerney to Board

Boston, Mass.—Attract China LLC has appointed Joseph A. McInerney, CHA as its first member of the company’s board of advisors. McInerney, emeritus president and chief executive officer of American Hotel & Lodging Association, is a hospitality veteran with more than ...

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Concord Hospitality Sells 13-Hotel Portfolio for $240M

Concord Hospitality Sells 13-Hotel Portfolio for $240M

RALEIGH, N.C.—Concord Hospitality Enterprises has announced the sale of a portfolio of 13 premium-branded, select-service hotels to companies owned by a global investment fund for approximately $240 million in an all-cash transaction. Concord will continue to operate the hotels under ...

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