JLL Arranges Loan to Acquire and Renovate Aloft Tampa Downtown
NEW YORK CITY—JLL’s Hotels & Hospitality Group announced it has arranged a $29.6 million floating-rate term loan to acquire and renovate the 130-key Aloft...
OUTRIGGER Acquires Kauai Beach Resort & Spa
OUTRIGGER Resorts & Hotels announced the acquisition of Kauai Beach Resort & Spa. Located in Lihue on the island of Kauai, the resort runs...
PMZ Realty Capital Arranges Acquisition Loan for Two Florida Hotels
NEW YORK—PMZ Realty Capital LLC announced the arrangement of a $27 million acquisition loan for the Holiday Inn Express & Suites Jacksonville Southeast Medical...
CBRE Reports H1 2023 Global Real Estate Capital Flows
According to CBRE, global cross-regional capital flows totaled $30.5 billion in H1 2023, down by 52 percent from H1 2022 and the second consecutive...
The Mogharebi Group Advises Portfolio Sale in Utah
The Mogharebi Group has advised a Utah-based private investor on the $8.9 million sale of a 156-key select-service hotel portfolio in Cedar City, Utah.
The...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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