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Lowe Acquires Aloft Hotel at EpiCentre/Charlotte

Lowe Acquires Aloft Hotel at EpiCentre/Charlotte

CHARLOTTE, N.C.—Lowe Enterprises Investors has acquired the Aloft Charlotte Uptown @ the EpiCentre on behalf of an investment client. The 175-room hotel is located on East Trade Street in the Uptown District of Charlotte, N.C. LEI affiliate Destination Management has ...

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Chatham, Northstar to Acquire $1.1B Hotel Portfolio

Chatham, Northstar to Acquire $1.1B Hotel Portfolio

PALM BEACH, Fla.—Chatham Lodging Trust today announced that it has acquired the recently re-opened 194-room Hyatt Place Denver/Cherry Creek for $32 million, or approximately $165,000 per room. In addition, the company has entered into a definitive agreement to acquire, through ...

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Vail Resorts Acquires Park City Mountain Resort

Vail Resorts Acquires Park City Mountain Resort

BROOMFIELD, Colo.—Vail Resorts Inc. has acquired Park City Mountain Resort (PCMR) from Powdr Corp. for $182.5 million in cash, subject to certain post-closing adjustments. The acquisition includes all of the assets of Greater Park City Company (GPCC), the land used ...

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Kimpton to Break Ground on Milwaukee Hotel

Kimpton to Break Ground on Milwaukee Hotel

SAN FRANCISCO—Kimpton Hotels & Restaurants will break ground on its Milwaukee hotel by the end of the year. The new Kimpton Milwaukee is the first upscale boutique hotel in the city’s Third Ward district. Originally an industrial and warehouse district ...

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