Arbor Lodging Partners Acquires 12-Hotel Portfolio
CHICAGO — Chicago-based hotel investment and management company, Arbor Lodging Partners, has acquired a 12-hotel portfolio in a joint venture with GFH Financial Group...
JRK Property Holdings Acquires Five Marriott Hotels in Austin
Los Angeles — JRK Property Holdings has acquired a five-property Marriott hotel portfolio in Austin, Texas, from an affiliate of RLJ Lodging Trust—the debut...
Mumford Company Ends 2019 With Record Deal Volume
Newport News, Va. — Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced that the firm completed a record year in 2019,...
Renovated Embassy Suites Boca Raton Under New Ownership
BOCA RATON, Fla. — Marcus & Millichap, a commercial real estate investment services firm with offices throughout the United States and Canada, has announced...
Glacier House Sells Three Arizona Hotels for $80.1 Million
PHOENIX — Berkadia’s Hotels & Hospitality team completed the sale of three hotel properties in Arizona this past December totaling $80.1 million. Managing Director...
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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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