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Hospitality Business
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Daniel Negari Buys DTLA's Hotel Per La for $34 Million
5+ hour, 26+ min ago (226+ words) Negari confirmed the purchase to The Real Deal, which first reported the sale. The seller was Waterfall Asset Management, which took over Hotel Per La as lender after the prior owner defaulted on more than $100 million in debt, according to…...
Fremont Marriott acquired for more than $50 million
4+ day, 13+ hour ago (379+ words) FREMONT — The 357-room Fremont Marriott Silicon Valley hotel was purchased for $53 million by an affiliate of Chicago-based Singerman Real Estate, documents filed on Sept. 8 with the Alameda County Recorder’s Office show. The price for the 10-story hotel at 46100 Landing Parkway…...
Sound Hotel trades for $35 million Investors exit Belltown hotel/apartment hybrid
6+ day, 1+ hour ago (65+ words) Seattle DJC.com In Today's Public Notices New Sub Bids Requested Sound Hotel trades for $35 million Investors exit Belltown hotel/apartment hybrid The Sound Hotel in Belltown, at 2120 Fourth Ave., sold last week for $35 million, according to King County records....
Hotel Yorba sells to new owner - Crain's Detroit Business
6+ day, 14+ hour ago (65+ words) Detroit’s iconic Hotel Yorba has a new owner whose plans are still in flux Crain's Detroit Detroitâs iconic Hotel Yorba has a new owner whose plans are still in flux The hospital system confirmed it is conducting due diligence…...
Local Suppliers Gain Access to 80-Plus Banderas Bay Hotels
6+ day, 15+ hour ago (14+ words) vallartadaily.com Continue reading this story...
Ian Schrager, Ed Scheetz Land $117M for Public Hotel West Hollywood
6+ day, 17+ hour ago (151+ words) Hoteliers Ian Schrager and Ed Scheetz have secured $116.5 million of bridge debt to refinance a Los Angeles hotel set to make its Hollywood debut. Driftwood Capital and Benefit Street Partners provided the loan for the Public Hotel West Hollywood, scheduled…...
Rockpoint, Newbond acquire Hotel Maren
1+ week, 2+ day ago (270+ words) It is near Fort Lauderdale Beach Rockpoint and Newbond Holdings acquired Hotel Maren in Fort Lauderdale, Florida. ROCKPOINT AND NEWBOND Holdings acquired the 141-key Hotel Maren Fort Lauderdale, Curio Collection by Hilton, in Fort Lauderdale, Florida. Financial terms were not…...
JDA Collective acquires Headlands Hotel
1+ week, 5+ day ago (356+ words) NSW South Coast oceanfront jewel, the Headlands Hotel, has been sold to JDA Collective following a discreet, off-market sales process managed by HTL Property directors Dan Dragicevich and Andrew Jolliffe. It has been a busy period for JDA Collective – led…...
Downtown Fresno’s old Radisson hotel re-listed for sale. Price up millions in a year
1+ week, 6+ day ago (611+ words) Downtown Fresno’s old Radisson hotel building is up for sale again, this time with millions added to the price tag it carried less than one year ago. Now, the building’s ownership group wants $19.5 million for the nine-story, 197-room structure on…...
Chula Vista’s Gaylord Hotel May Cost More Than Expected
1+ week, 6+ day ago (1593+ words) A little more than a year after the Gaylord Pacific Resort and Convention Center debuted on the shoreline of South San Diego Bay, signs are emerging that the cost of publicly subsidizing the $1.3 billion mega-resort could end up being significantly…...