Hospitality
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...
Pinnacle Bellevue’s $145MM Investment: A Look at the Development’s Progress
The Pinnacle Bellevue development, a high-profile project in downtown Bellevue, remains in motion despite delays and changes in its timeline. Originating from a...
West77 Partners Secures $50MM Refinancing for Hilton Garden Inn Downtown Bellevue
PHOENIX, Nov. 5, 2024 – JLL Hotels & Hospitality Group announced today it has arranged the refinancing for the 254-key Hilton Garden Inn Seattle Bellevue Downtown. JLL...
Château Ste. Michelle Reveals Vision for Woodinville Estate Transformation
Château Ste. Michelle, Washington’s oldest winery, presented plans for a comprehensive, multi-year redevelopment of its historic Woodinville estate in a recent virtual community...
Low Income Housing Institute Acquires 128-Room Oasis Inn in Tacoma for $13.4MM
(Editor’s Note: Industry reports show that the sales price was $13.4 million, or approximately $104,687 per room.) TACOMA, WA – The Low Income...
Ohana’s $157MM Deal for Hyatt Regency Lake Washington in Renton Stalls Due to Investor Lawsuit
Several Seattle-based LLCs, which collectively own the Hyatt Regency Lake Washington, have filed for Chapter 11 bankruptcy in the United States Bankruptcy Court...
