Tag: hotel finance
First Mortgage Financing Originates for Embassy Suites by Hilton Nashville Airport
NEW YORK—Smith Hill Capital and Bain Capital’s Special Situations team announced the firms’ joint venture originated a first mortgage financing for the Embassy Suites...
Dolce by Wyndham Miami Breaks Ground
Glokal Group in partnership with Blue Road announced the groundbreaking of Dolce by Wyndham Miami, their latest venture in South Beach. The new 90-room...
CBRE Reduces U.S. Hotel Performance Forecast, Lodging Demand Softens
DALLAS, Texas—CBRE reduced its forecast for U.S. hotel performance this year as lodging demand softens due to weaker-than-expected leisure travel and slowing corporate profit...
Harrison Group Acquires Holiday Inn & Suites Virginia Beach – North Beach
OCEAN CITY, Maryland—The Harrison Group announced the acquisition of the Holiday Inn & Suites Virginia Beach – North Beach, an oceanfront resort located on...
Mumford Company Completes TownePlace Suites Southaven Transaction
NEWPORT NEWS, Virginia—Mumford Company announced the recently completed transaction of the TownePlace Suites in the Memphis suburb of Southaven, Mississippi. Steve Kirby and Ed...