DENVER—RLH Corporation announced today the sale of Red Lion Hotels in Boise, Idaho, Pasco, Wash., and Richland, Wash., for $29.9 million. The three hotels are in addition to the sale of two hotels in California announced last week for $17.4 ...
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CHICAGO, IL-Aries Conlon Capital announced that Principal and CEO Rushi Shah has closed on a $62.4 million, non-recourse permanent loan on behalf of one of Carlson Rezidor Hotel Group’s largest franchisees, Inner Circle Investments, through an international investment bank. Shah ...
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Hoteliers whose portfolios are mostly composed of branded hotels are familiar with the ins and outs of property improvement plans (PIPs). These PIPs are a simple fact of life for branded hoteliers, but there are times that adhering to a ...
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ATLANTA–The Avison Young Hospitality Group announced that it has brokered six hotels in August. The hotels include: a 378 room, full-service Marriott in downtown Knoxville, Tennessee; a Hampton Inn in downtown Green Bay, Wisconsin; a Holiday Inn Express in Texas; ...
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CBRE Hotels, a specialized team within CBRE, announced that it has arranged two recent sales in the Midwest—the sales of the 219-room Marriott West Des Moines in Iowa to Kinseth Hospitality and the 428-room DoubleTree by Hilton Hotel Chicago–Oak Brook ...
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Hoteliers do not generally think of their properties as having national security implications, and in most cases, they are right. However, increased Chinese investment in U.S. properties coupled with the Trump administration’s focus on direct foreign investment in U.S. and ...
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