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Jordache Investment Arm Buys Setai Miami Beach

Jordache Investment Arm Buys Setai Miami Beach

MIAMI BEACH, Fla.—Nakash Holdings, the investment company controlled by the founders of Jordache Enterprises of designer jeans fame, has purchased the 130-room Setai Hotel in South Beach, Fla., for nearly $90 million. The hotel’s amenities include three newly renovated infinity ...

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Ashford to Buy Out Partner in Highland Portfolio

Ashford to Buy Out Partner in Highland Portfolio

Ashford Hospitality Trust has signed a definitive agreement to acquire the remaining 28.26 percent ownership interest of the 28-hotel Highland Hospitality portfolio from it joint venture partner, Prudential Real Estate Investors. Ashford will purchase the fund’s interest for $250.1 million ...

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Pebblebrook Acquires the Revere Hotel Boston Common

Pebblebrook Acquires the Revere Hotel Boston Common

BETHESDA, Md.—Pebblebrook Hotel Trust has acquired the Revere Hotel Boston Common, an attached 826-space parking garage, and an adjacent land parcel for $260.4 million. The 356-room hotel is located in the historic Theater District of downtown Boston, Mass. “We’re thrilled ...

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Pebblebrook Acquires Hotel Palomar LA for $78.7 Million

Pebblebrook Acquires Hotel Palomar LA for $78.7 Million

BETHESDA, Md.—Pebblebrook Hotel Trust has acquired the Hotel Palomar Los Angeles – Westwood for $78.7 million. The 264-room, upper upscale, full-service boutique hotel is located in the Westwood neighborhood of Los Angeles, Calif. The property will continue to be managed ...

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