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Hotel front desk

Pebblebrook Hotel Trust Closes the Sale of Hotel Spero

BETHESDA, Maryland—Pebblebrook Hotel Trust announced it closed on the sale of the 236-room Hotel Spero in San Francisco, California, for $71.0 million to a...
26 hotel portfolio

Driftwood Capital Provides Financing for a 26-Hotel Portfolio Acquisition

MIAMI—Driftwood Capital provided financing to an institutional owner of hospitality assets across the United States (sponsor) for the acquisition of an economy, extended-stay hotel...
Loews Hotel Boston

Electra America Hospitality Group Acquires Former Loews Boston Hotel

BOSTON—JLL’s Hotels & Hospitality Group announced that it has closed the sale of and arranged acquisition financing for the former Loews Boston Hotel, a...
Holiday Inn & Suites Albuquerque

PMZ Realty Capital Arranges Acquisition Financing For Holiday Inn & Suites Albuquerque Airport

NEW YORK—PMZ Realty Capital LLC announced that it arranged acquisition financing for the Holiday Inn & Suites Albuquerque Airport, located in Albuquerque, New Mexico....
dual-brand development

JLL Capital Markets Arranges Financing for Dual-Brand Development in Tempe, Arizona

PHOENIX—JLL Capital Markets announced that it has arranged $24.5 million in construction financing for the development of the dual-branded Fairfield Inn and TownePlace Suites,...