PMZ Realty Capital Arranges Refinancing Loan for Hilton Garden Inn Atlanta Downtown
NEW YORK—PMZ Realty Capital LLC announced it arranged a $40 million refinancing loan for the Hilton Garden Inn Atlanta Downtown in Atlanta, Georgia. A...
Driftwood Capital Refinances the Scottsdale McCormick Ranch
MIAMI—Driftwood Capital refinanced the Scottsdale McCormick Ranch, a resort property located in Scottsdale, Arizona. MetLife Investment Management, the institutional asset management business of MetLife,...
NewcrestImage Acquires Three Courtyard Hotels
NewcrestImage acquired three Courtyard by Marriott hotels from W.P. Carey. Two properties—Albuquerque International Sunport and Indianapolis International Airport—have already closed, while Chicago O’Hare International...
JLL’s Hotels & Hospitality Group Arranges Sale of SLS Brickell
MIAMI—JLL’s Hotels & Hospitality Group announced on behalf of Constellation Hotels Holdings that the firm has arranged the sale of SLS Brickell, a 124-room...
Apple Hospitality REIT Acquires Two Salt Lake City Hotels
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 175-room Courtyard by Marriott Salt Lake City Downtown for approximately $48.1 million, or $275,000...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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