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“The over-sized suites, high specification of finishes and recent construction were all contributory factors to attracting the ‘who’s who’ of bidders and driving Sydney’s biggest hotelsale this year,” said Stonebridge Property’s National Director, Lincoln Blackledge.
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.
Marcus & Millichap , a commercial realestate brokerage firm specializing in investment sales, financing, research and advisory services, has brokered the sale of a two-property hotel portfolio in Upstate New York. The post Marcus & Millichap brokers two-hotelsale appeared first on hotelbusiness.com.
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.
Article - Lauren DâSouza-Faze Earns Florida RealEstate Brokerâs License, Expands Professional Expertise - Experienced hotelsales professional brings elevated knowledge and service to Floridaâs realestate market
All the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic financing. The company also announced the transfer of the company’s […] The post Ashford Hospitality Trust Closes on HotelSale, Gives Asset Update appeared first on LODGING Magazine.
ATLANTA, Georgia—Hunter Hotel Advisors (Hunter) announced the successful sale of the Hampton Inn by Hilton Dallas-Irving-Las Colinas. A Louisiana-based developer purchased the property from a New York-based realestate firm on June 10.
Laurel RealEstate Co. , an Ohio-based boutique realestate brokerage and member of Hotel Brokers International , has arranged the sale of the Days Inn by Wyndham Columbus East Airport in Reynoldsburg, OH. said Lauren DSouza-Faze, VP, hotelsales and listing agent on the transaction. .
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
He brings more than 35 years of industry experience, having served as a partner at Grant Thornton, where he specialized in the hospitality and realestate sectors. David Alexander Siegel and Daniel Siegel have been promoted to co-VPs of realestate.
JLL Managing Director and Head of Investment Sales – Australasia, Peter Harper, said quality realestate continues to remain highly sought after in the hotels sector. “We’re thrilled to see it go to a new owner with such a strong track record in Melbourne’s hospitality sector.”
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.
MIAMI, Florida—Kabani Hotel Group announced that Ahmed Kabani, chief executive officer and founder, along with partners Suraj Dalal and Kian McLean, has successfully completed the leasehold interest sale of the Wyndham Garden Tallahassee Capitol, a 147-room property located in Tallahassee, Florida.
TAMPA, FloridaBerkadia announced the sale of Hampton Inn Tampa East (Casino Area), a 74-unit limited-service hotel property in Tampa, Florida. Associate Director Kyle Sahlsten of Berkadia Hotels & Hospitality led the transaction on behalf of the seller, Tampa-based Liberty 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.
DENVER, Colorado; TAMPA, Florida; ATLANTA, Georgia—HREC Investment Advisors announced that it has arranged the sale of the 93-guestroom Courtyard Tampa Brandon, and the 107-guestroom Fairfield Inn & Suites Tampa Brandon, both located in Tampa, Florida. HREC Investment Advisors exclusively represented the seller on this transaction.
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.
“We’re seeing REITs and high-net-worth family offices step up by leveraging their strong balance sheet and relationship lenders to remain active investors of extremely high-quality realestate.” hotelsales kick off 2023 with a bang appeared first on hotelbusiness.com. The post JLL: U.S.
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 107-key Residence Inn Detroit Novi. Spark GHC purchased the property from an institutional seller on June 26, 2025, with Hunter’s Spencer Davidson, senior vice president, facilitating the transaction.
MIAMI, FloridaKabani Hotel Group announced the sale of the Holiday Inn Express & Suites Florida City for $13.2 Led by Ahmed Kabani and Suraj Dalal, the transaction was completed through a confidential marketing process.
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.
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.
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
Hospitality RealEstate Investment Trusts (REIT) – not something of huge concern for hotel digital marketers. During onboarding, a hotelsales manager would also learn the same fundamentals for the hotels in their compset, as well as comparable properties in the overall market. Should it be?
The sale is expected to be completed in March and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. DALLAS—Ashford Hospitality Trust, Inc.
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. Hunter’s Kami Burnette, senior vice president, and Mason McDavid, vice president, facilitated the transaction.
ALISO VIEJO, California—Sunstone Hotel Investors, Inc. announced that it has completed the sale of the 252-room Hilton New Orleans St. 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
MIAMI, Florida—The Kabani Hotel Group announced the sale of the La Playa Hotel redevelopment in Daytona Beach, Florida. The property is a 10-story building that, at the time of sale, was completely gutted and ready to be redeveloped into a new hotel.
SOUTH CAROLINA—Marcus & Millichap announced the sale of two Country Inn & Suites properties in Orangeburg and Summerville, South Carolina. The assets collectively sold for $14,500,000. These properties were sold as a portfolio at full asking price,” said Jack Davis, senior vice president, investments.
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.
BOSTON—JLL’s Hotels & Hospitality Group announced that it arranged the $171 million sale of the Hilton Back Bay hotel, a 390-key hotel in Boston. JLL worked on behalf of the seller, Ashford Hospitality Trust, and procured the buyer, a joint venture between Certares and Belcourt Capital Partners.
ATLANTA, Georgia—Hunter Hotel Advisors (Hunter) announced the successful sale of the Hyatt Place Nashville/Franklin/Cool Springs. INNIN Hotel Partners, LLC purchased the property from an institutional seller on June 4, with plans to convert the property to a Hyatt Select.
UK: Realestate 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. million by private treaty.
UK: Global realestate advisor CBRE is marketing the Park Hotel Kenmare and The Lansdowne Kenmare in Ireland for a combined guide price of €20.5 Both hotels are located in the town of Kenmare. They are being offered for sale individually or together by Private Treaty.
Don’t waste that valuable realestate in your signature block and miss a chance to tell and story and make finding information about you and your venue much easier. It’s become increasingly important to make sure you have a web presence that is mobile-friendly and easy to navigate with minimal realestate.
BENTONVILLE, Arkansas—Marcus & Millichap announced the sale of Element by Westin, a 107-room four-floor hotel property located in Bentonville, Arkansas. “Element Bentonville, an institutional-grade asset, is well-positioned in one of the country’s most dynamic and rapidly growing markets,” said Chris Gomes.
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