Tag: finance
Meridian Capital Finances $10 Million on Gregory Hotel
NEW YORK—Meridian Capital Group arranged $10 million in permanent financing on the Best Western Gregory Hotel located in Brooklyn.
The $10 million, 10-year CMBS...
Ashford Hospitality Trust Acquires Minneapolis Hotels
Ashford Hospitality Trust, Inc. announced that it has signed a definitive agreement to acquire two Minneapolis hotels, the 229-room W Minneapolis Hotel—The Foshay, and...
How Tax Extensions and Regulations Will Impact Hotels
There’s no easy way to say it—the lodging industry will likely face tax challenges in the next 12 months. The past year was fraught...
Total U.S. Hotel Investment Tops $30 Billion
In 2014, total investment in the U.S. lodging industry was an estimated $30.8 billion, reports Lodging Econometrics. Of the 1,292 hotels that were transacted,...
8 Habits of Effective Hotel Investors
As investment strategies go, food trucks and graffiti are about as outside the box as you can get, yet these are both part of...