CooperWynn Capital Modifies Loan for Hotel Indigo Detroit Downtown
PARK CITY, Utah—CooperWynn Capital announced it has completed the loan modification for the Hotel Indigo Detroit Downtown on behalf of the ownership group.
The property...
DiamondRock Hospitality Completes Sale of Westin Washington, D.C. City Center
BETHESDA, Maryland—DiamondRock Hospitality Company announced that on Feb. 19, 2025, it completed the sale of the 410-room Westin Washington, D.C. City Center for a...
JLL’s Hotels & Hospitality Group Arranges Refinancing for The Maxwell Hotel
PHOENIX, Arizona— JLL's Hotels & Hospitality Group announced it arranged a $29.5 million refinancing for The Maxwell Hotel, a 139-key boutique hotel located in the...
Peachtree Group Increases Credit Transaction Volume
ATLANTA—Peachtree Group deployed $1.6 billion in credit transactions in 2024, marking a 54 percent increase from 2023. This growth shows Peachtree’s reach in private...
Sandpiper Acquires Extended Stay America Premier Suites in Bradenton, Florida
RICHMOND, Virginia—Sandpiper, LLC announced the acquisition of the Extended Stay America (ESA) Premier Suites in Bradenton, Florida. The North Port–Sarasota–Bradenton MSA, just south of...
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Grand Hyatt Atlanta Launches the Completion of Its Multi-Phased Renovation
ATLANTA, Georgia—Grand Hyatt Atlanta in Buckhead announced the completion of its multi-phased renovation. In collaboration with DLR Group and designONE studio, this renovation incorporates...
LG Launches Commercial Robotic Vacuum Cleaner for Hotels
LINCOLNSHIRE, Illinois—LG Electronics USA has introduced a commercial-grade autonomous vacuum cleaning device, developed in collaboration with the Marriott Design Lab. The LG Robotic Vacuum...
Hunter Hotel Advisors Closes $31.47 Million in Financing for Three Hotels
ATLANTA, Georgia—Hunter Hotel Advisors (HUNTER) announced the closing of $31.47 million in financing for three hotel properties. Senior Vice President of Capital Markets Adeel...
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