Hospitality
Spokane-Based Entity Sells 128-Room Hilton Garden Inn Seattle/Bothell for $16.1MM
The deal, which closed at roughly $125,800 per key, lands as CBRE forecasts Seattle-area hotel revenue per available room to reach a record...
Suncadia Bets $18MM on Retail Village to Turn Cle Elum Resort Into a Year-Round Town
Suncadia will open the first four tenants of its $18 million Suncadia Social retail village on June 19, capping a town-center vision that...
Onni Group’s 3.4MM SQFT Three-Tower Bellevue Project Nears Summer 2026 Demolition
Onni Group is preparing to demolish two buildings on a four-acre downtown Bellevue superblock this summer, clearing the way for a 3.4 million-square-foot,...
King County Lists Former Inn at Queen Anne in Seattle, Five Years After $16.5MM Homeless-Housing Buy
The 80-room Uptown hotel the county bought at the height of its pandemic-era Health Through Housing push is back on the market through...
PSU Selects Colas Development Group for $70MM Hotel, Conference Center in Downtown Portland
A privately financed 150-key hotel and conference center anchors the commercial bet on PSU’s Performing Arts + Culture Center as the project’s fate...
78-Room Hotel Seattle Hits Market with Permits in Hand for Revival or Conversion
After years of demolition, structural repairs and permitting, the 1926 downtown tower is being offered unpriced as either a boutique hotel turnaround or...
Lone Star Funds Wins Bid for Washington Holdings’ Assets in Portfolio Deal, Outbidding Brookfield and Hines
Dallas-based opportunistic investor clinches the Seattle platform’s entire real estate book in one of the largest captive-pension dispositions in recent memory. Lone Star...
Tutta Bella Reinvents Itself From Scratch as 6,000 SQFT Anchor of Seattle’s REN Tower
Graham Baba Architects merges restaurant, bar, café and Italian market into a single ground-floor experience inside a new 23-story residential high-rise. Tutta Bella...
Eight-Story “The Hostess” Banner Lands on 9th & Thomas in Seattle’s South Lake Union Ahead of World Cup
The 36-by-111-foot work by Seattle artist Ernesto Ybarra marks the fifth large-scale banner installed on the Olson Kundig-designed building’s east façade since the...
$23.6MM DoubleTree Suites Loan Near Seattle Airport Lands in Special Servicing as CMBS Maturity Wall Crashes Hotels
The 219-suite DoubleTree Suites Seattle Airport-Southcenter was transferred to special servicing on May 26, the latest 2016-vintage hotel mortgage to fail a refinancing...
Norwegian Cruise Line Locks In Seattle Through 2035 in Lease Worth Up to $316MM
Port of Seattle commission’s amended agreement ties extension options to decarbonization milestones, signaling how environmental performance is reshaping cruise tenancy in the Pacific...
Portland Hotels Limp Into 2026 as Downtown Distress Collides With Suburban Strength
National hotel performance is finally turning the corner, but Portland’s recovery remains stuck in the slow lane as international travel falters and downtown...
