Category Archives: Real Estate

Feed Subscription

Chesapeake Lodging Trust Acquires The Royal Palm

Chesapeake Lodging Trust Acquires The Royal Palm

ANNAPOLIS, Md.—Chesapeake Lodging Trust has closed on the previously announced acquisition of The Royal Palm located in Miami Beach, Fla., for a purchase price of $278 million or approximately $707,000 per key. The Trust entered into a new management agreement ...

Read More »

Marriott International Sells Miami Beach EDITION Hotel

Marriott International Sells Miami Beach EDITION Hotel

BETHESDA, Md.—Marriott International, Inc. announced it has sold The Miami Beach EDITION hotel for cash proceeds of $230 million. The sale is the second in a series of three anticipated sales of Marriott-owned EDITION hotels to companies ultimately owned by ...

Read More »

Auction.com: CRE Markets at Strongest Since Recession

Auction.com: CRE Markets at Strongest Since Recession

IRVINE, Calif.—Auction.com today released its Q4 2014 Commercial Real Estate (CRE) Market Monitor, which shows healthy increases in both deal volume and price growth even as risk premiums edge up. CRE deal volume is at a new post-recession peak as ...

Read More »

Iconic Properties Purchases Aspen’s Historic Hotel Jerome

Iconic Properties Purchases Aspen’s Historic Hotel Jerome

HOUSTON, Texas—Houstonian Dan Friedkin, through his hospitality investment company Iconic Properties, has purchased Aspen’s historic Hotel Jerome, an Auberge Resort, from Chicago-based DRW Real Estate. The purchase is part of Friedkin’s further expansion in the hospitality industry, following his 2013 ...

Read More »
Scroll To Top