Designing for Mixed-Use Developments: Six Areas to Consider
Every hotelier is looking for a strong return on investment, and mixed-use development—whether a hotel-condo combo or a hotel with integrated commercial and retail...
Tower Capital Arranges $20.1 Million for Home2 Suites in Mesa, Arizona
MESA, Ariz. — Tower Capital, an independent structured finance firm, arranged $20,121,000 in development financing for a Home2 Suites by Hilton in Mesa, Arizona....
To PIP or Flip? The Costs, Benefits of Property Improvement Plans
Hoteliers whose portfolios are mostly composed of branded hotels are familiar with the ins and outs of property improvement plans (PIPs). These PIPs are...
Arbor Lodging Partners Acquires Six-Hotel Portfolio for $135 Million
CHICAGO—Chicago-based hotel investment and management company Arbor Lodging Partners announced today its $135 million acquisition of six hotels from Summit Hotel Properties. The portfolio...
Omni Explores Sale of Five Hotels as Part of Reinvestment Strategy
DALLAS, Texas — Omni Hotels & Resorts this week announced its strategic plan to enhance and continue its growth and brand offerings in resort...