Hospitality

263 Articles

Trinity Investments Acquires 450-Room Fairmont Olympic Hotel in Seattle

Acquisition comes as the Olympic celebrates 100th anniversary, follows transformative $22 million public area renovation LOS ANGELES–Trinity Investments (“Trinity”), a private real estate...

Everett Council Approves ~$130MM Downtown Site Selection for Multipurpose Stadium, Securing AquaSox’s Future

After years of study and debate, the Everett City Council took a critical step this week toward reshaping the city’s entertainment and sports...

Side Out Pickleball Centers Opens Seattle’s First Dedicated Indoor Facility in Mukilteo; Announces 26-Court South Seattle Complex

Side Out Pickleball Centers has officially opened the Seattle metro area’s first and only dedicated indoor pickleball facility – an eight-court state-of-the-art center in Mukilteo near Paine...

Wells Fargo Analysis: Commercial Real Estate Ends 2024 on an Optimistic Note

After a prolonged period of uncertainty, the commercial real estate (CRE) market is ending 2024 on a more promising note. According to Wells...

Ohana Real Estate Investors Acquires Hyatt Regency Lake Washington in Renton for $103MM

Redwood City, Calif.-based Ohana Real Estate Investors has officially acquired the Hyatt Regency Lake Washington in Renton, Washington, for $103 million, marking its...

Portland Expo Center Redevelopment: Honoring History, Building Community

The Portland Expo Center, a site steeped in cultural and historical significance, is on the cusp of a transformative redevelopment. Aiming to harmonize...

Two Development Sites in South Sound Reduce Pricing to $6,690,000

Two premier development sites in the Puget Sound region—one in the Des Moines Marina District and another in downtown Tacoma—have been repriced, offering...

DSA October 2024 Report: Visitor Surge and Urban Living Drive Downtown Seattle’s Comeback

Downtown Seattle is steadily reclaiming its position as a vibrant urban hub, according to the Downtown Seattle Association’s (DSA) latest Revitalization Dashboard. The...

Sohal Hotels Buys 100-Room Watertown Hotel in Seattle for $27.5MM

By Kate Snyder One of Seattle’s hotels has new ownership. The 100-room Watertown Hotel in the city’s University District traded hands recently for...

$27MM in Refinancing Secured for 199-Room Hampton Inn & Suites by Hilton Seattle Downtown

Seattle –Nov. 19, 2024 – CBRE announced the $27 million refinancing of the 199-key Hampton Inn & Suites by Hilton Seattle Downtown located...

6.9-Acre Redevelopment Opportunity in Renton Now Available for Mixed-Use Projects

The city of Renton is continuing its efforts to emerge as a dynamic hub within the Puget Sound region, blending suburban charm with...

Seattle’s Palladian Hotel Secures $36MM Recapitalization with New Equity Partner

The Kimpton Palladian Hotel, a historic property situated at 2000 Second Avenue in Seattle’s Belltown neighborhood, has undergone a recapitalization valued at $36...

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