Tag: hotel financing
Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
Rockpoint and Highgate Announce Sale of Scottsdale Plaza Resort and Villas
BOSTON, Massachusetts, and SAN FRANCISCO, California—Rockpoint and Highgate announced the sale of the Scottsdale Plaza Resort and Villas, a historic hotel in Paradise Valley,...
Access Point Financial Unveils PIP Renovation Program
Access Point Financial (APF) announced the launch of its PIP Renovation Program designed to support hotel owners in meeting franchisor-mandated improvements and refreshing their...
The Mogharebi Group Advises Portfolio Sale in Utah
The Mogharebi Group has advised a Utah-based private investor on the $8.9 million sale of a 156-key select-service hotel portfolio in Cedar City, Utah.
The...
Cronheim Hotel Capital Secures Refinancing for Fairfield Inn & Suites in Manhattan
Cronheim Hotel Capital (CHC) has secured a $22,000,000 loan on behalf of LAM Generation in order to refinance the existing note on the 92-room...