HomeFinance & Development

Finance & Development

CBRE: Commercial Real Estate Lending Market Slowed in Q1 2024

DALLAS, Texas—The commercial real estate lending market slowed in Q1 2024 due to high interest rates and limited credit availability, but a tightening of...
Everhome Suites Nampa

Choice Hotels Opens Everhome Suites in Nampa, Idaho

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. announced the opening of Everhome Suites in Nampa, Idaho, marking the midscale extended-stay brand's third opening, with more...

Red Lion Gillette and Sonesta Grand Rapids Open

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Red Lion Gillette and Sonesta Grand Rapids. Red Lion Gillette is a 159-room, select-service value...

Driftwood Capital Provides Mezzanine Financing for Sheraton Dallas Hotel

DALLAS—Driftwood Capital, through its lending fund Driftwood Lending Partners, LP (DLP), provided $30 million in mezzanine financing for the refinancing of the Sheraton Dallas...
The George Hotel

The George Hotel Opens in Georgetown, South Carolina

CHARLESTON, South Carolina—The Indigo Road Hospitality Group has opened The George Hotel, a 56-key boutique property in Georgetown, South Carolina. The George represents milestones...