Tag: US hotel industry
Accord invests in Noble Hospitality Fund V
Global real estate investment and capital advisory firm Accord Group Holdings has invested in Noble Investment Group's latest venture, Noble Hospitality Fund V, which...
Deka sells hotel in Midtown East, Manhattan
German real estate investment firm Deka Immobilien has sold 525 Lexington Avenue, a 655 room non-operating hotel in the Midtown East neighborhood of Manhattan, New...
Noble adds fourteen hotels to portfolio
Noble Investment Group has acquired a fourteen-asset Marriott, Hilton, and Hyatt hotel portfolio.
Noble plans to invest in physical enhancements across the portfolio.
“Since the...
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...
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...
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...