Mumford Company Completes Sale of Two Limited-Service Hotels in Virginia
NEWPORT NEWS, Virginia—Mumford Company completed the sale of two limited-service hotels in Virginia's Shenandoah Valley. In two separate transactions, Mumford Company represented Dominion Lodging,...
Dynamic City Capital Acquires The Charter Hotel Seattle, Curio Collection by Hilton
PROVO, Utah—Dynamic City Capital (DCC) announced the acquisition of The Charter Hotel Seattle, Curio Collection by Hilton. The Charter Hotel is the only Curio...
iBorrow Provides Financing for Sandcastle Oceanfront Resort Acquisition
MYRTLE BEACH, South Carolina—iBorrow announced that it has provided financing to a Los Angeles-based investor in commercial real estate and technology companies for its...
Spirides Hotel Finance Company Provides Financing for Dunedin, Florida, Hotel Development
TAMPA, Florida—Spirides Hotel Finance Company has provided, and the borrower has closed, $14 million in construction-to-permanent mortgage financing from a Midwest-headquartered bank to finance...
Maverick Hotels and Restaurants Adds Two Illinois-based Hotels to Portfolio
CHICAGO—Maverick Hotels and Restaurants announced that it continues to expand its portfolio with the addition of two hotels in the metropolitan Chicago market. Robert...
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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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