Vail Resorts Closes its Acquisition of Peak Resorts
Broomfield, Colo. - Vail Resorts, Inc. has closed on its acquisition of Peak Resorts, Inc. for a purchase price of $11.00 per share. With...
Mumford Company Continues on Robust Path with Multiple Sales
Newport News, Va. — Mumford Company closed 10 transactions in the last several weeks, continuing the robust activity seen so far this year. Several...
KSL Capital Partners to Acquire Historic Grand Hotel on Mackinac Island
Denver, Colo. and Mackinac Island, Mich. - KSL Capital Partners, LLC (KSL) and the Musser family have entered into a definitive agreement under which...
Walker & Dunlop Provide $14 Million in Acquisition Financing for New Jersey Hotel
Bethesda, Md.- Walker & Dunlop, Inc. announced that it structured a $14,224,000 senior loan for the acquisition and future repositioning of the 191-key Holiday...
Trinity Investments and Elliott Acquire JW Marriott Desert Ridge Resort & Spa
Pheonix – A joint venture among funds managed by Trinity Real Estate Investments LLC (“Trinity”) and funds managed by Elliott Management Corporation (“Elliott”) acquired...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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