Lowe Acquires Aloft Hotel at EpiCentre/Charlotte
CHARLOTTE, N.C.—Lowe Enterprises Investors has acquired the Aloft Charlotte Uptown @ the EpiCentre on behalf of an investment client. The 175-room hotel is located...
Woodbine Legacy Investments Buys W Atlanta-Buckhead
DALLAS—Woodbine Legacy Investments (WLI) purchased W Atlanta-Buckhead, a 12-story, 291-room full-service hotel in a 13-million-square-foot mixed-used district. W Atlanta-Buckhead marks the second acquisition for WLI, a private...
McNeill Secures up to $150 Million Capital Investment, Plans to Double Portfolio
Germantown, Tenn.—McNeill Hotel Investors announced today that it has entered into an agreement with an investment fund managed by Almanac Realty Investors. Under the...
Chatham Lodging Expands with Denver Acquisition
PALM BEACH, Fla.—Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium branded, select-service hotels,...
Hyatt Regency Fairfax Acquired by Driftwood Capital
Washington, D.C. – Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality, acquired the Hyatt Regency Fairfax,...
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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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