Hospitality
Harvest Woodinville Quietly Opens 100,000 SQFT The Yard After Two Decades of Delays
Wine tasting rooms, a steakhouse and local boutiques have started opening at The Yard, the long-delayed centerpiece of the $600 million Harvest development,...
Chehalem Buys Neighboring 44-Acre Pamplin Winery, Assembling 255-Acre Estate Campus in Oregon’s Laurelwood District
Stoller Wine Group is adding the Pamplin family's 2008-built winery, cold storage and roughly 15 acres of Pinot noir, Pinot gris and Chardonnay...
Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants
Washington's statewide wage floor climbs to $17.73 an hour on Jan. 1, while Seattle moves to $22.14 and a sharply higher overtime-exempt salary...
Kabani Hotel Group CEO Urges Owners to Tighten Risk Controls as 7% Debt, AI and Insurance Costs Mount
Kabani Hotel Group founder Ahmed Kabani is urging hotel owners to tighten risk controls while markets still feel calm, and his seven-point checklist,...
Kemper Development Shelves $1B Three-Tower Bellevue Square Expansion Ahead of Sale
Kemper Development pauses its $1 billion, three-tower "The Bellevue" expansion, leaving the site's future to the next owner of The Bellevue Collection.
Former Spokane Quality Inn Used by Thrive International for Refugee Housing Hits the Market After Receivership
The downtown Spokane hotel that Thrive International converted into transitional housing for refugees and homeless residents is on the market after a court...
251-Key Embassy Suites Portland Airport Hits Special Servicing After Missing $49.7MM Loan Maturity
A 251-room airport hotel that its sponsor has quietly propped up for years finally ran out of runway at maturity, handing Rialto Capital...
Downtown Seattle Draws Nearly 3.8MM Visitors in August, Topping 2019 as Office Return Holds at 62%
Nearly 3.8 million unique visitors and 9.2 million total visits flowed into downtown Seattle in August, pushing tourism, hotel demand and residential occupancy...
Wright Hotels Lists 170-Acre Semiahmoo Resort in Blaine for $27.5MM
A Seattle ownership group that rescued a shuttered waterfront resort near the Canadian border 13 years ago is now testing whether the market...
Chinese Developer Binjiang Offloads Seattle’s 142-Room Sound Hotel for $35MM
A Hangzhou Binjiang Real Estate Group affiliate has cashed out of the boutique hotel it helped build atop Belltown's Arrivé tower, transferring the...
Everwild Nordic Spas Hunts Washington Sites, Targeting 80,000 SQFT Urban Buildings and 5-Acre Parcels
First Western Properties has been tapped to source Washington acquisition targets for Everwild Nordic Spas & Hotels, the Basecamp Resorts brand that is...
Ready Capital Lands $141MM C-PACE Loan for Portland’s Block 216 Ritz-Carlton Tower
The financing, arranged by Peachtree Group and described by the firm as its second-largest C-PACE deal to date, gives Ready Capital a long-dated,...
