Azora raises €815m for pan-European hospitality fund
Azora has completed the final close of its latest pan-European hospitality fund, Azora European Hotel & Lodging, F.C.R., reaching €815 million in total commitments plus additional...
Blackstone to sell The Cosmopolitan of Las Vegas for $5.65bn
Blackstone announced Monday that Blackstone Real Estate Partners VII L.P. (BREP) has agreed to sell The Cosmopolitan of Las Vegas for $5.65 billion. Blackstone said, since...
Pebblebrook Hotel Trust buys beachfront resort in Hollywood for $270m
Pebblebrook Hotel Trust has acquired the 369-room oceanfront Margaritaville Hollywood Beach Resort in Hollywood, Florida for $270 million from an affiliate of KSL Capital...
Blackstone to buy hotel portfolio from Condor Hospitality Trust for $305m
Condor Hospitality Trust has agreed to sell its entire portfolio of hotels to Blackstone Real Estate Partners for $305 million in an all cash...
CIM Group provides $67.5m loan for San Francisco hotel
CIM Group Thursday said CIM-managed fund has provided a $67.5 million loan to The Roxborough Group and AWH Partners to acquire Hotel Villa Florence...
Aareal Bank provides green financing for London hotel
Aareal Bank Thursday said it has closed a green financing agreement with an affiliate of Cerberus Capital Management, L.P. and Highgate. The companies received a...
San Francisco’s historic Villa Florence hotel sells for $87.5m
AWH Partners and The Roxborough Group have acquired the Villa Florence Hotel and retail in San Francisco for $87.5 million. First opened in 1915, the 189-key property is less than...
Cascade Investment to buy controlling stake in Four Seasons
Bill Gates' Cascade Investment, L.L.C. is acquiring a controlling interest in Four Seasons Hotels and Resorts. Four Seasons Hotels and Resorts Wednesday announced that its...
Long Harbour buys freehold interest in Hilton Munich airport hotel for €14m
Long Harbour has completed a further ground lease transaction in Germany with the acquisition of the freehold interest in a Hampton by Hilton Munich...
CBRE announces two senior appointments to Asia Pacific Hotels team
CBRE has strengthened its Asia Pacific Hotels team with the appointment of Steve Carroll as Head of Hotels & Hospitality and David Ling as...
