The Fig is a 4.4-acre, multi-use project at Figureoa Street near the University of Southern California that will include a hotel, student housing, conventional multi-family housing, and a parking structure.

The Trend Toward Mixed-Use Properties

Since Scott Gale founded Ventus Group in 2006, he has acquired and/or consulted on a broad array of properties, including residential, mixed-use, and commercial...
Fairfield Inn & Suites Atlanta Alpharetta

Driftwood Enters Atlanta Market With Three-Hotel Acquisition

ATLANTA — Driftwood Acquisitions and Development (DAD), a privately held investment firm specializing in the acquisition and development of quality hotel assets, announced its...
Sandpiper Hospitality

Sandpiper Forms Extended-Stay Hotel REIT: Sandpiper Lodging Trust

RICHMOND, Va.—Sandpiper, LLC—developer and operator of extended-stay hotels—has completed the formation of Sandpiper Lodging Trust (SLT). SLT is a privately held Maryland real estate...
KC Airport Plaza - part of the Lodging Advisory Group portfolio sale

Extended Stay America Sells 14 Hotels to Singerman Real Estate

CHARLOTTE, N.C.—Extended Stay America, Inc. and ESH Hospitality, Inc. announced the completed sale of 14 branded Extended Stay America hotels. The portfolio of Extended Stay...
Hilton Houston North

Driftwood Hospitality Management Adds Two Houston Properties To Portfolio

MIAMI, Fla. — Driftwood Hospitality Management (DHM), a North Palm Beach-based hotel management company, has purchased the 480-room Hilton Houston North and 390-room Marriott...
Carbon Lighthouse - Brenden Millstein

How Carbon Lighthouse Profitably Reduces the Carbon Footprint of Commercial Real Estate

Brenden Millstein, CEO and co-founder of Carbon Lighthouse, is undeniably a smart guy. He earned a bachelor’s degree in physics from Harvard and an...
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Four Seasons Hotels and Resort - Fortune Best Companies to Work For

Five Hotel Companies Among Fortune’s 100 Best Companies to Work For

Five hotel companies made the recently released 21st annual Fortune 100 Best Companies to Work For list, which is based on surveyed employee ratings...
New York City

Five Markets With the Most Hotel Construction

Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
Hotel security

12 Ways To Increase Hotel Security

Even when hotels have strong security policies and procedures in place, they are still vulnerable to cyber attacks, break-ins, theft, fraud, and other crimes....
Linens

What Are Your True Variable Costs Per Occupied Room?

Knowing the average, actual costs incurred per occupied guestroom enables a manager to make more prudent pricing and marketing decisions and to monitor expenses....
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