Hotel Management

OCTOBER 24, 2024

“Having sold the asset last year and received 13 offers, we knew the campaign would garner considerable interest and this was proven from our marketing campaign which saw more than 140 enquiries and a dozen inspections,” said JLL Senior Vice President – Investment Sales, Nick MacFie.

Real Estate

Hotel Management

JUNE 26, 2023

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. “The With a land area of 3.45

Resorts

Hotel Business

APRIL 1, 2024

Monarch Alternative Capital LP , an investment firm with approximately $14 billion of assets under management, has continued the expansion of its real estate debt investment platform through recent customized debt financings for the Hotel 48LEX in New York City, Renaissance Las Vegas and Westin Tampa.

Real Estate

Lodging

JULY 15, 2025

The marketing and negotiations were led by Scott Stephens (senior principal, chief operating officer, and broker on record for Florida), Niven Patel (senior vice president – Tampa), and Wendy Blissett (senior vice […] The post HREC Arranges Sale of Homewood Suites by Hilton Tampa-Brandon appeared first on LODGING Magazine.

Sales

Lodging

JUNE 9, 2025

Charles for a gross sale price of $47 million, or approximately $187,000 per key. The sale price represents a 10.1x multiple on 2024 Hotel Adjusted EBITDAre and an 8.7 percent cap rate on 2024 Hotel Net Operating Income.

Net Operating Income

Lodging

JUNE 18, 2025

DENVER Colorado; KANSAS CITY, Missouri; and ATLANTA, Georgia—HREC Investment Advisors announced it has arranged the sale of the 149-room Sonesta Select – Kansas City Airport Tiffany Springs located in Kansas City, Missouri. The property was acquired by KMG Hotels.

Sales

Hotel Business

JUNE 19, 2024

By Andrew Favorito 1031 Exchanges are one of the most powerful tools in real estate, 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.”

Real Estate

Hotel Business

SEPTEMBER 19, 2023

Global real estate 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

Real Estate

Boutique Hotel News

FEBRUARY 1, 2023

UK: Real estate advisor CBRE is overseeing the sale of The Dawson Hotel in Dublin, which is being offered for sale from €17.5 The Dawson Hotel has 36 bedrooms which are currently closed, providing the potential for refurbishment. The asset is unbranded, providing operational flexibility for parties.

Marketing

Social Tables

FEBRUARY 9, 2018

Don’t waste that valuable real estate in your signature block and miss a chance to tell and story and make finding information about you and your venue much easier. Don’t miss a chance to have new friends over for coffee, tea, cocktails or lunch if your venue has a catering operation. We see you…you know who you are.).

Events