Tag: real estate
Chatham Lodging Trust Announces the Closing Sales of Four Hotels
WEST PALM BEACH, Florida—Chatham Lodging Trust announced the closing of the sales of four hotels comprising 537 rooms for aggregate proceeds of approximately $80...
Marcus & Millichap Announces Sale of Quality Inn & Suites Hardeeville
HARDEEVILLE, South Carolina—Marcus & Millichap announced the sale of Quality Inn & Suites Hardeeville, South Carolina. The 99-room hospitality property sold for $5.15 million,...
Verakin Capital Completes Minority Investment in a Three-Hotel Portfolio
SAN MATEO, California—Officials of Verakin Capital announced that the company has completed a minority investment in a three-hotel portfolio at an undisclosed amount. This...
Making the Deal: How Market Conditions Will Impact Hotel Transactions in 2022
In the two years since the COVID-19 pandemic prompted shutdowns and a slowdown in business across the United States, hotel transaction volume has recovered...
Baymont by Wyndham Hotel Sells in Sarasota, Florida
SARASOTA, Florida—Alex Diaz, trustee of The Tamiami Trail Trust, has purchased the Baymont by Wyndham hotel in Sarasota for $8 million. The 99-room hotel...