VICI to Acquire Blackstone’s Interest in MGM Grand Las Vegas and Mandalay Bay Joint...
NEW YORK—Blackstone Real Estate Income Trust, Inc. (BREIT) and VICI Properties Inc. announced jointly that they have entered into a definitive agreement in which...
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...
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Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
Wyndham Hotels & Resorts Reports Q1 2024 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include:
Global RevPAR grew 1 percent in constant...
This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
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