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Skye Suites Sydney and its adjoining retail precinct have been sold to an international investor in what brokers have deemed Sydney CBD’s largest hotel transaction this year to date. The post ‘Sydney’s biggest hotelsale this year’: Skye Suites nabs top price – HTL, Stonebridge report appeared first on HotelManagement.
Global realestate investors are increasingly gravitating to the hotels sector evidenced by near historic levels of first-time capital invested in 2024, said JLL Hotels & Hospitality Group Global Head of Hotels Research, Zach Demuth.
CAMBRIDGE, MassachusettsBerkadia announced the successful sale of the 121-room Freepoint Hotel Cambridge, Tapestry Collection by Hilton, located in Cambridge, Massachusetts. The hotel was acquired by Jignesh Patel and Robins Patel of JNR Management Inc.
Mitch Less has been appointed COO and oversee resort operations, food & beverage, IT, risk management and several other critical areas, working directly with company leadership to execute Westgate’s strategic business plan. David Alexander Siegel and Daniel Siegel have been promoted to co-VPs of realestate.
Look for increased hotel brand M&A and private equity investment in third-party management companies, non-traditional lodging brands and hotels in the lifestyle sector. Peek, president, Americas, JLL Hotels & Hospitality Group.
ATLANTA, Georgia—Hunter Hotel Advisors (Hunter) announced the successful sale of the 125-key Hampton Inn Shelton. V2 Capital Management (V2) purchased the property from Alpental Capital on June 12, 2025. Hunter’s Spencer Davidson, senior vice president, facilitated the transaction.
Associate Director Kyle Sahlsten of Berkadia Hotels & Hospitality led the transaction on behalf of the seller, Tampa-based Liberty Group. Hampton Inn Tampa East (Casino Area) was sold to Tampa-based KMD Hospitality Management on May 15.
DENVER, ColoradoHREC Investment Advisors announced that it has arranged the sale of the 65-room Best Western Territorial Inn & Suites in Bloomfield, New Mexico. is a southwestern US regional hotel ownership and management company. The Buyer, JHMC Inc., on this transaction.
BOSTON, Massachusetts—JLL’s Hotels & Hospitality Group announced the sale of the Clarion Hotel Airport, a 149-room full-service hotel in Portland, Maine. The hotel will be managed by Jamsan HotelManagement for the new ownership group. JLL represented the seller in the transaction.
The 34-room hotel, in the “Paris End” of the CBD, joins Tabet’s local hotel portfolio which includes The Royce Hotel on St Kilda Road and The Lyall Hotel in South Yarra. The hotel features a rooftop pool and events venue, cocktail bar and boardroom.
Sheraton Grand Mirage Resort expands the two-family consortium’s hotel portfolio which already includes the Sofitel Noosa, Manly Pacific and Crown Plaza in Terrigal. Colliers’ Head of Hotel Transactions Karen Wales said the deal shows continued investor confidence in the Australian hotel market. With a land area of 3.45
JLL worked on behalf of the borrower, a joint venture between realestate funds managed by Trinity Investments and funds managed by UBS Asset Management’s RealEstate & Private Markets Multi-Managers business, to secure the five-year, floating-rate loan through mortgage lenders, Citi and Deutsche Bank.
Monarch Alternative Capital LP , an investment firm with approximately $14 billion of assets under management, has continued the expansion of its realestate debt investment platform through recent customized debt financings for the Hotel 48LEX in New York City, Renaissance Las Vegas and Westin Tampa.
NEW YORK, New York—Berkadia, in conjunction with Cushman & Wakefield, announced the note sale of Hotel Indigo and 500 Met, a 187-key hotel and apartment building with 75 residential units, a parking garage, and retail space in Brooklyn’s Williamsburg neighborhood.
ATLANTA, Georgia—Hunter Hotel Advisors (Hunter) announced the successful sale of the 139-key Hampton Inn & Suites El Paso-Airport. Nexgen Management purchased the property from an institutional seller on June 25, 2025.
By Andrew Favorito 1031 Exchanges are one of the most powerful tools in realestate, offering advantages for portfolio growth, diversification, estate planning, and retirement. According to the Section 1031 of the IRC, no gain shall be recognized if exchanged for “real property of like kind.”
MBA Hotel Brokers Inc, announces David Joseph as the newest member to its team of experienced and dedicated hospitality realestate professionals. David Joseph is a licensed realestate broker in Florida. MBA Hotel Brokers has been listing and selling hotels nationally for 22 years.
Hospitality RealEstate Investment Trusts (REIT) – not something of huge concern for hotel digital marketers. This could be the underlying reason why we’ve tracked one particular article, Promote Your Hotel Before It Opens – 10 Strategies For Success , as our most popular blog post to date. Should it be?
Global realestate services firm Cushman & Wakefield has appointed Marc Magazine as executive director focused on investment sales. million in sales volume since joining Cushman & Wakefield earlier this year, with another $110 million currently under agreement and scheduled to close prior to year-end. “[The
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