Home / Finance + Development (page 225)

Category Archives: Finance + Development

Feed Subscription

Lubert-Adler Sells Two Hotels to Carey Watermark Investors

Lubert-Adler Sells Two Hotels to Carey Watermark Investors

PHILADELPHIA—Lubert-Adler of Philadelphia, Penn., has sold two hotels comprising 647 keys to New York City-based Carey Watermark Investors for a total of $156.6 million. The most recent sale, which closed this week, was the 400-room Marriott Raleigh City Center, which ...

Read More »

Ashford Trust Enters Into Nine New Franchise Agreements

Ashford Trust Enters Into Nine New Franchise Agreements

DALLAS—Ashford Hospitality Trust announced that as part of the company’s ongoing asset management initiatives, it has entered into a franchise agreement to convert the 258-room, Crowne Plaza Beverly Hills to a Marriott after the expiration of the existing Crowne Plaza ...

Read More »

Embassy Suites Knoxville West Celebrates Grand Opening

Embassy Suites Knoxville West Celebrates Grand Opening

McLean, Va.—Embassy Suites Hotels celebrated the official grand opening of the new Embassy Suites Knoxville West last week. Owned and managed by Kana Hotel Group, the 140-suite, six-story all-suites hotel is the area’s first full-service property to open in 25 ...

Read More »

Brewery Hotels Present Development Opportunity

Brewery Hotels Present Development Opportunity

Adaptive reuse projects continue to be a viable option for developers looking to turn dated urban assets into one-of-a-kind hotels. While office buildings and banks have seen their fair share of hotel development, dormant brewery sites are starting to catch ...

Read More »
Scroll To Top