Hospitality
Park Hotels & Resorts Sells 396-Room Hilton Seattle Airport & Conference Center for $18MM
The full-service hotel, one of the largest conference-equipped properties near Seattle-Tacoma International Airport, traded at roughly $45,500 per key just weeks before Seattle...
$24MM Loan Secured to Refinance 167-Room Cedarbrook Lodge in Seattle
Los Angeles, (April 22, 2026) – Sonnenblick-Eichner Company has arranged $24 million in first mortgage debt to refinance the Cedarbrook Lodge in Seattle,...
Skanska Announces Completion of New 53,000 SQFT St. Charles Cancer Center in Redmond, Ore.
53,000 square-foot state-of-the-art facility expands access to world class cancer care across Central Oregon and beyond. Redmond, Ore. – Skanska, a leading global...
$13.5MM Permanent Refinance Secured for 95-Room Hampton Inn & Suites in Kent
Hampton Inn & Suites Kent Location Retires Maturing Loan Following Strategic Performance Improvement Program; Bank Loan Offers Attractive Fixed Rate and Maximum Proceeds...
Pacific Northwest Hotels Brace for a Second Year of Softening as Canadian Travelers Stay Home
Seattle draws short-term relief from FIFA World Cup matches while Portland’s recovery slows, and both markets bank on rapidly shrinking construction pipelines to...
Vancouver Hospitality Partners Lists 89-Room La Quinta Inn & Suites in Vancouver as Retiring Owners Seek Buyer
The select-service hotel along I-5 has averaged more than $2.5 million in annual room revenue and over $658,000 in net operating income since...
Seattle is Ready to Welcome the Sonics Home
Mayor and City Council Share Resolution Affirming Seattle’s Readiness for the Return of the NBA Seattle Mayor Katie B. Wilson and members of...
Portland Hotel Sector Navigates Near-Term Headwinds as Select Submarkets and Thin Pipeline Offer Investor Opportunities
Marcus & Millichap’s 2026 outlook projects continued softening in Portland’s hotel fundamentals, though limited new construction and tech-corridor demand create selective bright spots....
Seattle Hotel Market Eyes Recovery as FIFA World Cup Matches and Shrinking Construction Pipeline Signal Turning Point
Marcus & Millichap’s 2026 outlook forecasts modest occupancy and ADR gains for Seattle-Tacoma, though declining Canadian travel and a slow post-pandemic recovery temper...
Shovel-Ready 196-Room Residence Inn at Seattle’s Yesler Terrace Hits the Market with Approved Plans and Permits
The fully entitled hotel site at 718 Yesler Way offers a new developer the rare chance to bypass Seattle’s lengthy permitting process and...
McMenamins Unveils Plan to Convert Historic 37,000 SQFT Taft Hotel Into 63-Room Boutique Hotel in Downtown Portland
The Pacific Northwest hospitality chain aims to link the 1907 building to the Crystal Ballroom via skybridge, creating an interconnected West End entertainment...
65-Unit La Quinta by Wyndham Listed for $6.85MM in Bend, Oregon
The leasehold hotel offering targets investors seeking value-add upside in one of Oregon’s strongest leisure-driven lodging markets A 65-unit La Quinta by Wyndham...
