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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...

Apple Hospitality REIT buys hotel in Greenville, South Carolina

Apple Hospitality REIT has acquired a130-room Hyatt Place in downtown Greenville, South Carolina for $30 million, or $231,000 per key. “Greenville has benefited from the...

Global hotel investment activity reaches $30bn in H1 2021

Global hotel investment activity reached $30 billion in the first half of 2021, inclusive of entity-level deals, representing a strong increase of 66% year-over-year...

Värde Partners, Flynn acquire 20 select service hotels for $211m

A joint venture between Flynn Properties (Flynn) and Värde Partners has acquired 20 select service hotels, 11 Marriott and nine Hilton branded properties, from...

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