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NewGen Advisory (NewGen) brokered the sale of the newly opened Phoenix Downtown AC Marriott.

Phoenix Downtown AC Marriott Sale Brokered by NewGen Advisory

PHOENIX—NewGen Advisory (NewGen) brokered the sale of the newly opened Phoenix Downtown AC Marriott. The property was opened in February 2021 and has 199...
Residence Inn Norfolk Airport

Residence Inn Norfolk Airport Sold by CBRE

NORFOLK, Virginia—CBRE facilitated the sale of the Residence Inn Norfolk Airport, an all-suite, 130-room hotel located in Norfolk, Virginia. LTD Management DBA Lake Wright...
Lakeside Inn & Casino

HREC Investment Advisors Arranges Sale of Lakeside Inn & Casino

DENVER and LAS VEGAS—HREC Investment Advisors has arranged the sale of the 124-guestroom Lakeside Inn & Casino located in Stateline, Nevada. The facilities include...
Hotel building

Service Properties Trust to Transfer Branding and Management of 98 Hotels to Sonesta

NEWTON, Mass. — Service Properties Trust (SVC) today announced that it has terminated the management agreements for 122 hotels with Marriott International effective January...
Candlewood Suites McAlester

KJ Properties Sells Five-Hotel Portfolio for $36 Million

AUSTIN, Texas — Marcus & Millichap has announced the sale of a five-hotel portfolio in Texas and Oklahoma. The commercial real estate investment services...
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