Times are changing for the lodging industry and all eyes are on the millennial generation for what’s going to happen next. Luckily, there is a lot of good economic news on the horizon for this segment of the population. For ...

CORAOPOLIS, Pa.—Commercial real estate investment services firm Marcus & Millichap recently announced the sale of the 223-room Embassy Suites Pittsburgh Airport in Coraopolis, Pennsylvania. The property sold for $25 million, which equates to $112,108 per room. Jerry Swon and Daniel ...

David Mumford is now senior principal of Mumford Company, the real estate brokerage firm his father George founded in Newport News, Va., in 1978. When he joined the company in 1981, he says, it was still something of a “mom-and-pop” ...

After years of growth, the commercial real estate outlook is cautiously optimistic, with moderate, steady growth forecasted for the year ahead, according to a new report from Integra Realty Resources (IRR). IRR Viewpoint 2018 provides an overview of local and national ...

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 ...

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 ...