Hospitality
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...
New Japanese Steakhouse Itadaki Yakiniku Opens at Bellevue Connection
A new culinary destination has emerged in Bellevue’s thriving restaurant scene. Itadaki Yakiniku, a Japanese steakhouse, has officially opened its doors at Bellevue...
Seattle City Council Approves Three-Year Modification for Design Review Process
By Kate Snyder Seattle’s design review process will see a more streamlined process for certain projects in the future. During a meeting on...
