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Verakin Capital

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...
CBRE recently closed the sale of the Hyatt Place San Francisco Downtown, which marked the first significant transaction in that market since the middle of 2020.

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

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...
Sandpiper Lodging Trust

Sandpiper Lodging Trust Acquires Two WoodSpring Suites Properties

RICHMOND, Virginia — Sandpiper Lodging Trust announces the acquisition of two WoodSpring Suites extended-stay hotels located in Orlando, Florida. One of the hotels, WoodSpring Suites...
Courtyard San Diego Old Town

MIG Real Estate Acquires Two San Diego Hotels

SAN DIEGO — MIG Real Estate LLC, a national real estate investment company headquartered in Newport Beach, Calif., has purchased the Courtyard San Diego...