Madison, Newbond launch $500m hospitality lending partnership
Madison Realty Capital and Newbond Holdings have launched Madison Newbond, an institutional lending platform that will provide first mortgages, mezzanine loans and preferred equity...
Highgate, Cerberus JV to buy CorePoint Lodging for $1.5bn
A joint venture between affiliates of Highgate and Cerberus Capital Management has agreed to acquire CorePoint Lodging Inc., a publicly traded U.S. lodging REIT.
Under...
JLL secures $450m loan for Waikiki beach hotel
JLL's Hotels & Hospitality Group has secured a $450 million loan for the Hyatt Regency Waikiki Beach Resort & Spa. in Honolulu, Hawaii.
JLL worked on behalf...
Tristan fund makes first investment for new hotel strategy
Tristan Capital Partners’ EPISO 5 Fund has acquired a hotel in Manchester, England for its new €500 million hotel investment strategy.
The 261-key, four-star hotel...
Henderson Park to acquire 12 Hilton hotels across UK, Ireland
European real estate investment platform Henderson Park has agreed to acquire a portfolio of 12 predominantly freehold Hilton branded hotels across the UK and...
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...
