Tag: portfolio
MCR Refinances 16-Hotel Portfolio
NEW YORK—MCR has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. In less than three years, MCR doubled the...
Highgate Adds Five Properties to Its Luxury Portfolio
NEW YORK—Highgate announced that it has assumed management of the Joule in Dallas and Le Meridien Central Park in New York City and will...
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...
JLL Arranges Sale of Mezzanine Loan for Club Quarters Portfolio
NEW YORK—JLL's Hotels & Hospitality Group announced that it arranged the sale of a mezzanine loan for a four-property portfolio of hotels totaling 1,228...
Colonial Williamsburg Resorts Added to Latitudes: Lifestyles by Crescent Portfolio
WILLIAMSBURG, Virginia—Crescent Hotels & Resorts announced the addition of Colonial Williamsburg Resorts to its Latitudes: Lifestyles by Crescent portfolio. Colonial Williamsburg is known for...