Home / Finance + Development / Development / Acquisitions (page 10)

Category Archives: Acquisitions

Feed Subscription

Fairmont Newport Beach Sells for $125 Million

Fairmont Newport Beach Sells for $125 Million

ALISO VIEJO, Calif.—Sunstone Hotel Investors has announced the sale of the 444-room Fairmont Newport Beach for a contractual gross sale price of $125.0 million, or approximately $281,500 per key. The sale price of $125.0 million represents a 16.0x multiple on ...

Read More »

AJ Capital Acquires Two Properties to Become Graduate Hotels

AJ Capital Acquires Two Properties to Become Graduate Hotels

MINNEAPOLIS, Minn.—Mission Capital Advisors has arranged nearly $100 million in non-recourse acquisition financing for AJ Capital Partners to acquire and renovate two Graduate Hotel properties in Seattle and Minneapolis. The Graduate Hotels brand, launched by AJ Capital Partners in 2014, ...

Read More »

Peachtree Hotel Group Announces 2016 Acquisitions

Peachtree Hotel Group Announces 2016 Acquisitions

ATLANTA, Ga.—Officials of Peachtree Hotel Group have announced it made five hotel acquisitions and undertook five development projects totaling approximately $155 million during the second half of 2016, increasing to its growing portfolio of select- and limited-service hotels nationwide by ...

Read More »

Hyatt Acquires Miraval Group

Hyatt Acquires Miraval Group

CHICAGO—Hyatt Hotels Corporation has announced that Hyatt has acquired Miraval Group, a provider of wellness and mindfulness experiences, from an affiliate of KSL Capital Partners. For over 20 years, Miraval’s flagship property in Tucson, Ariz. has been considered one of ...

Read More »

Louvre Hotels Group Buys Majority Stake in Sarovar

Louvre Hotels Group Buys Majority Stake in Sarovar

Louvre Hotels Group has acquired a majority stake in Sarovar Hotels, an independent Indian hotel chain. This marks the European hotel group’s first investment of size in the Indian subcontinent. Sarovar Hotels consists of 75 hotels in the premium, mid-range, ...

Read More »
Scroll To Top
CLOSE
CLOSE