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Sonesta Continues Expansion with New Hotel in Atlanta

Sonesta Continues Expansion with New Hotel in Atlanta

ATLANTA—Sonesta International Hotels Corporation announced the opening of its newest hotel in the Atlanta area, the 426-room Sonesta Gwinnett Place. Its second hotel in this market, this full service hotel is located in the Atlanta suburb of Duluth, and was ...

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Lightstone Value Plus REIT Buys Baton Rouge Hotels

Lightstone Value Plus REIT Buys Baton Rouge Hotels

NEW YORK—Lightstone Value Plus Real Estate Investment Trust (LVPR) announced the acquisition of two Marriott-branded hotels in Baton Rouge, Louisiana for $15.6 million. The properties acquired are the Courtyard by Marriott and Residence Inn by Marriott, both in Baton Rouge. ...

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ARC Realty Finance Trust Makes First Portfolio Investment

NEW YORK—ARC Realty Finance Trust announced that it closed on its first portfolio investment—a $6.5 million mezzanine loan originated as part of a $57.5 million total financing provided to the ownership of the W Minneapolis, located in downtown Minneapolis, Minn. ...

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Hotel Vermont Opens as Burlington’s First Independent Hotel

Hotel Vermont Opens as Burlington’s First Independent Hotel

Hotel Vermont has opened in the heart of Burlington. The soon-to-be LEED-certified hotel is locally developed, owned, designed and operated. Smith Buckley Architects and TruexCullins Interiors ensured the hotel offers an authentic Vermont experience, from a wood-burning hearth to custom ...

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