Hospitality
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...
Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale
The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...
Port of Everett Secures Key Mukilteo Waterfront Parcels, Prepares Spring Solicitation for Developer on 26-Acre Mixed-Use Vision
After a multi-year planning effort and two strategic property acquisitions, the Port is ready to seek a private partner to transform a mile...
Boardmill Block Hits Permitting Milestone as Local Developers Advance Bellingham’s Waterfront Vision
New permit applications signal the long-planned hotel, residential and park complex on the former Georgia-Pacific site is shifting from design to construction preparation....
Kauri Investments Plans 174-Room Hyatt House in Bellevue’s Wilburton Neighborhood
Eight-story extended-stay hotel near light rail station targets 2028 opening following spring 2027 groundbreaking Seattle-based developer Kauri Investments plans to develop a 174-room...
West Coast Leads the Charge as Food Halls Reshape Commercial Real Estate Strategy
From Los Angeles to Seattle, food halls are becoming indispensable asset-value drivers as operators evolve the format with bar-forward programming, entertainment and flexible...
Acore Capital Acquires 304-Room Marriott Tacoma Downtown for $50MM Through Foreclosure Sale
Lender-affiliated buyer secures downtown hotel at 34 percent discount from outstanding debt as Pacific Northwest market shows signs of recovery Acore Capital purchased...
