Flynn Properties and Värde Partners Acquire 80 Percent Joint Venture Interest in 89 Properties
SAN FRANCISCO and MINNEAPOLIS—Flynn Properties Inc. in a joint venture with Värde Partners announced that it has acquired an 80 percent joint venture interest...
NewcrestImage Completes 45-Hotel Portfolio Acquisition
Dallas-based NewcrestImage has closed on a portfolio of 45 hotels that includes 35 Marriott-branded, seven Hilton-branded, and three Choice-branded properties in 11 states: Arkansas,...
JLL Capital Markets Arranges Financing for Four Seasons Hotel Nashville Acquisition
DENVER—JLL Capital Markets announced it arranged $172 million in financing for the acquisition of the newly completed Four Seasons Hotel Nashville. JLL worked on...
Vision Hospitality Group Acquires and Plans Rebrand for Celebration Hotel
CHATTANOOGA, Tennessee—Chattanooga-based Vision Hospitality Group, Inc., announced the acquisition of the Bohemian Hotel Celebration, an Autograph Collection Hotel, in Celebration, Florida. The 115-room hotel...
Braemar Enters Agreement to Acquire Four Seasons Resort Scottsdale at Troon North
DALLAS — Braemar Hotels & Resorts Inc. announced it has entered into a definitive agreement to acquire the 210-room Four Seasons Resort Scottsdale at...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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