Tag: transactions
Mumford Company Starts 2024 With Multiple Transaction Closings
NEWPORT NEWS, Virginia—Mumford Company announced it had a strong start in 2024, with multiple transactions closing in the first quarter of 2024.
"The Federal Reserve's...
Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S. hotel transaction market in 2023. After a strong 2022, only $22 billion...
Brookfield Real Estate Funds to Acquire Watermark Lodging Trust
CHICAGO—Watermark Lodging Trust, Inc. (Watermark) announced that it has entered into a definitive agreement with private real estate funds managed by Brookfield (Brookfield), under...
Making the Deal: How Market Conditions Will Impact Hotel Transactions in 2022
In the two years since the COVID-19 pandemic prompted shutdowns and a slowdown in business across the United States, hotel transaction volume has recovered...
Stonehill Plans to Open an Office in Los Angeles
ATLANTA—Stonehill this month announced that it has closed 14 transactions, totaling more than $175 million year-to-date through 2018. The company expects to close on...