Tag: development
Spirides Hotel Finance Company Provides Financing for Dunedin, Florida, Hotel Development
TAMPA, Florida—Spirides Hotel Finance Company has provided, and the borrower has closed, $14 million in construction-to-permanent mortgage financing from a Midwest-headquartered bank to finance...
Hyatt Centric Congress Avenue Austin to Open in February 2023
AUSTIN, Texas—Hyatt Centric Congress Avenue Austin announced that the 31-story hotel in downtown Austin is set to open, along with restaurant Luminaire and bar...
Construction Begins on Moxy Asheville, the First Moxy Hotel in North Carolina
ASHEVILLE, North Carolina—Following weeks of preliminary groundwork, construction has officially begun on the new Moxy Asheville, North Carolina’s first Moxy Hotel. Upon planned completion...
The Elser Hotel & Residences Opens
MIAMI, Florida—Local dignitaries and hospitality professionals gathered in Downtown Miami to celebrate the official opening of The Elser Hotel & Residences. The event was...
NewcrestImage Completes 45-Hotel Portfolio Acquisition
Dallas-based NewcrestImage has closed on a portfolio of 45 hotels that includes 35 Marriott-branded, seven Hilton-branded, and three Choice-branded properties in 11 states: Arkansas,...