Home / Finance + Development (page 3)

Category Archives: Finance + Development

Feed Subscription

Red Lion Hotels Announces Hotel Sale to Wig Properties

Red Lion Hotels Announces Hotel Sale to Wig Properties

SPOKANE, Wash.—Red Lion Hotels Corporation (RLHC) announced the company has entered into an agreement to sell its hotel in Bellevue, Wash. for $35.4 million to an affiliate of Wig Properties, a property development company based in Bellevue. Wig Properties has ...

Read More »

Ashford Trust Acquires Lakeway Resort for $33.5 Million

Ashford Trust Acquires Lakeway Resort for $33.5 Million

DALLAS—Ashford Hospitality Trust has signed a definitive agreement to acquire the 168-room Lakeway Resort & Spa in Austin, Texas, for a total consideration of $33.5 million ($199,000 per key). The acquisition is expected to close within the next 30 days. ...

Read More »

R.D. Olson Begins Construction on Hampton Inn Glendale

R.D. Olson Begins Construction on Hampton Inn Glendale

IRVINE, Calif.—R.D. Olson Construction has begun construction on a five-story, 94-room Hampton Inn & Suites hotel on the corner of Colorado Street and Brand Boulevard in Glendale, Calif. The Irvine, Calif.-based general contractor was selected by Vista Investments to construct ...

Read More »
Scroll To Top