Banyan Investment Group Acquires Castle Hotel in Orlando, Florida
ORLANDO, Florida—Banyan Investment Group (BIG) announced the acquisition of the 213-room Castle Hotel, Autograph Collection by Marriott, in Orlando, Florida, for an undisclosed price....
RADCO Acquires Three Courtyard by Marriott Properties
ATLANTA—The RADCO Companies (RADCO) added three properties to its portfolio. Focused on Southeastern markets with business and tourist populations, RADCO has acquired three Courtyard...
Highline Hospitality Partners Acquires Residence Inn Norwalk
BIRMINGHAM—Highline Hospitality Partners, the hospitality investment platform launched by Highline Real Estate Partners, announced the acquisition of its ninth property with the purchase of...
HN Capital Partners Announces Acquisition of Rosewood Mansion on Turtle Creek
DALLAS—HN Capital Partners has announced the acquisition of the Rosewood Mansion on Turtle Creek—a century-old former private estate that was transformed in the early...
Frontier Development & Hospitality Group LLC Acquires Chicago Marriott Suites Downers Grove
CHICAGO—Frontier Development & Hospitality Group LLC and its partners, Sun Development & Management Corporation and 3H Group Inc., have acquired the seven-story, 254-key Chicago...
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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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