Tag: hotel transactions
Northstar and Chatham to Acquire Innkeepers Portfolio
PALM BEACH, Fla.–Cerberus Capital Management and Chatham Lodging Trust reached an agreement to sell their Innkeepers joint venture for $1.3 billion. Northstar Realty will...
Lodging Enters Expansionary Phase of Real Estate Cycle
In 2013, the lodging industry reached an estimated total investment of $21.8 billion, the highest level since 2009. This is expected to accelerate higher...
Strategic Hotels and Resorts Completes Exit from Europe
CHICAGO—Strategic Hotels and Resorts Inc. has announced the closing of the sale of the Marriott London Grosvenor Square hotel and the acquisition of the...
Marcus and Millichap Closes 11 Hotel Transactions in July
CHICAGO—Marcus and Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, closed 11 hotel transactions in the month of July...
Buyer’s Market
Last year was a quiet one for transactions considering all the factors that traditionally fuel lodging investments were the most favorable in years. In...