Marcus & Millichap Announces Sale of Two-Property Hospitality Portfolio
DENTON, Texas—Marcus & Millichap announced the sale of a two-property, 180-room hospitality portfolio in Denton, Texas. The assets are an 88-room La Quinta Inn...
Black Bear Capital Partners Arranges Financing for Motel 6 San Jose Acquisition
CHICAGO and SAN JOSE—Black Bear Capital Partners (BBCP), a subsidiary of Black Bear Asset Management, announced that it has arranged $27.5 million in hotel...
Deal Report: Daly Seven Acquires 40th Hotel, Hunter Hotel Advisors Completes Two Transactions, and...
Daly Seven Acquires 40th Hotel
Daly Seven, a family-owned hotel development and management company, recently acquired its 40th hotel—the Hilton Garden Inn Roanoke. The 80,000-square-foot,...
The Online Real Estate Marketplace is Heating Up
Commercial real estate auctions are nothing new. For decades, brokers have attended auctions to bid on hotels and other property types. What’s relatively new,...
Shaner Launches New REIT
In response to the changing trends in the hotel industry, Shaner Hotel Group (SHG), based in State College, Penn., along with Almanac Realty Securities...