Taconic and HEI Acquire Hyatt Regency Jersey City
NEW YORK—Taconic Capital Advisors LP and HEI Hotels & Resorts announced that they have jointly acquired Hyatt Regency Jersey City from affiliates of Hyatt...
Dynamic City Capital Acquires The Charter Hotel Seattle, Curio Collection by Hilton
PROVO, Utah—Dynamic City Capital (DCC) announced the acquisition of The Charter Hotel Seattle, Curio Collection by Hilton. The Charter Hotel is the only Curio...
Maverick Hotels and Restaurants Adds Two Illinois-based Hotels to Portfolio
CHICAGO—Maverick Hotels and Restaurants announced that it continues to expand its portfolio with the addition of two hotels in the metropolitan Chicago market. Robert...
JLL’s Hotels & Hospitality Group Closes Sale of Six Hyatt Place Hotels
ATLANTA—JLL's Hotels & Hospitality Group announced that it has closed the $55 million sale of six Hyatt Place branded select-service hotels totaling 754 keys...
Flynn Properties and Värde Partners Acquire 80 Percent Joint Venture Interest in 89 Properties
SAN FRANCISCO and MINNEAPOLIS—Flynn Properties Inc. in a joint venture with Värde Partners announced that it has acquired an 80 percent joint venture interest...
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A Critical Eye on C-PACE Loans: 5 Hidden Expenses Borrowers Should Consider
First introduced in California in 2009, Commercial Property Assessed Clean Energy (C-PACE) programs offer long-term, fixed-rate loans that provide capital for improved energy and...
Royal Palm South Beach Miami Welcomes Pivot as Manager
ATLANTA, Georgia—Pivot, the lifestyle operating vertical of Davidson Hospitality Group, has been tapped by Park Hotels & Resorts to manage Royal Palm South Beach...
STR, TE Downgrade U.S. Hotel Forecast in Final Revision of 2024
NASHVILLE—STR and Tourism Economics downgraded the growth rate in the final U.S. hotel forecast revision of 2024.
For 2024, projected gains in average daily rate...
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