Knighthead Funding Provides $30.5 Million Loan to Finance Development of ROOST Charleston
Greenwich, Conn. — Knighthead Funding LLC has provided King & George Street, LLC with $30.5 million in short-term first mortgage debt for the development...
Walker & Dunlop Provide $14 Million in Acquisition Financing for New Jersey Hotel
Bethesda, Md.- Walker & Dunlop, Inc. announced that it structured a $14,224,000 senior loan for the acquisition and future repositioning of the 191-key Holiday...
JLL’s Hotels & Hospitality Group Closes Sale of Element Basalt Aspen
LOS ANGELES—JLL’s Hotels & Hospitality Group announced that it closed the sale of the Element Basalt Aspen, a 113-key extended-stay hotel in Basalt near...
Sonnenblick-Eichner Company Arranges $30.5 Million for Little Palm Island Resort in Florida Keys
Beverly Hills, Calif. — Sonnenblick-Eichner Company has arranged $30.5 million of interim first mortgage financing for Little Palm Island Resort & Spa, a 30-suite,...
Marcus & Millichap Announces the Sale of Suburban Extended Stay Hotel Alamogordo
ALAMOGORDO, New Mexico—Marcus & Millichap announced the sale of Suburban Extended Stay Hotel Alamogordo, a 58-room hotel located in Alamogordo, New Mexico, according to...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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