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Waldorf Astoria Signs Agreement for Property in Jakarta

Waldorf Astoria Signs Agreement for Property in Jakarta

JAKARTA, Indonesia—Hilton Worldwide has announced the signing of a new management agreement with PT Putragaya Wahana to introduce the Waldorf Astoria Hotels and Resorts property in Jakarta, Indonesia. Scheduled to open in 2018, the 181-key Waldorf Astoria Jakarta will be ...

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Mall of America Expansion Includes JW Marriott Hotel

Mall of America Expansion Includes JW Marriott Hotel

BLOOMINGTON, Minn.—Mall of America, the nation’s largest retail and entertainment destination; Mortenson, a U.S.-based construction and development services company; Hotel Development LLC, an enterprise of the Shakopee Mdewakanton Sioux Community; and the City of Bloomington, Minn., recently celebrated the beginning ...

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Aloft Brand to Launch in Syracuse

Aloft Brand to Launch in Syracuse

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide’s Aloft brand will soon debut in Syracuse, N.Y. Aloft Syracuse Inner Harbor will be a key component of a massive waterfront redevelopment project along the former Barge Canal. Owned and developed by COR Development ...

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Nobu Hotel and Restaurant to Enter Chicago

Nobu Hotel and Restaurant to Enter Chicago

CHICAGO—Lifestyle group Nobu Hospitality LLC is proud to announce plans for the development of the luxury boutique Nobu Hotel and Restaurant Chicago with a leading U.S. real estate development firm. The property will be located in the West Loop area ...

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Mission Capital Arranges Financing for GEM Hotel Chelsea

Mission Capital Arranges Financing for GEM Hotel Chelsea

NEW YORK—Mission Capital Advisors announced that its debt and equity finance group arranged $33 million in financing on behalf of New York-based investment and management company Icon Realty Management. The financing, a combination of CMBS and mezzanine, was arranged to ...

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