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Roedel Companies Purchases The Hotel Saranac

Roedel Companies Purchases The Hotel Saranac

WILTON, N.H.—New Hampshire-based hotel owner/operators Roedel Companies has announced that they have purchased the Hotel Saranac in Saranac Lake, N.Y. To assist in the overall plan to buy and renovate the multifaceted property, the State of New York awarded Roedel ...

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Noble Acquires the Q Hotel in Westport Kansas City

Noble Acquires the Q Hotel in Westport Kansas City

ATLANTA—Noble Investment Group announced the acquisition of the Q Hotel located in the historic Westport District of Kansas City, Mo. The 123-room hotel will undergo a comprehensive renovation and conversion to become one of the first AC Hotels by Marriott ...

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BC LYND and CrossHarbor Acquire Six Marriott Hotels

BC LYND and CrossHarbor Acquire Six Marriott Hotels

SAN ANTONIO—BC LYND Hospitality, a full service hotel management and investment company, and CrossHarbor Capital Partners have joined together to extend their respective national hospitality footprints with the acquisition of six Marriott-branded properties. “We see a strong upside with the ...

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Investor Group Acquires Napa Valley’s Calistoga Ranch

Investor Group Acquires Napa Valley’s Calistoga Ranch

MILL VALLEY, Calif.—Auberge Resorts, a developer and operator of boutique luxury resorts and private clubs, announced the acquisition of the 50-room Calistoga Ranch, the award-winning Napa Valley luxury resort from Olympus Real Estate. Auberge was joined in the acquisition by ...

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Sotherly Hotels Acquires Crowne Plaza Houston Downtown

Sotherly Hotels Acquires Crowne Plaza Houston Downtown

WILLIAMSBURG, Va.—Sotherly Hotels announced that the company has acquired the entity which owns the Crowne Plaza Houston Downtown Hotel for $30.65 million in cash and 32,929 units of limited partnership interests in Sotherly Hotels, plus an additional cash amount for ...

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