Hospitality

316 Articles

OYO to Acquire Motel 6 Parent Company from Blackstone Real Estate for $525MM

New Delhi & Dallas – September 20, 2024 – Oravel Stays, the parent company of the global travel technology company OYO, today announced...

Fed’s 50-Point Rate Cut: What It Means for Real Estate Investors and Consumers

Federal Open Market Committee Kicks Off Rate Reduction Cycle In a highly anticipated move, the Federal Open Market Committee (FOMC) slashed the federal...

New $60-80MM Everett Multipurpose Facility: A Future Home for AquaSox and Local Events

The City of Everett has embarked on an ambitious project to either update or replace Funko Field, the current home of the minor...

Silverstein Capital Takes Ownership of the Two-Tower Avenue Bellevue: What’s Next for the Luxury Development?

Fortress Development's CEO, Andy Lakha, has transferred ownership of the billion-dollar Avenue Bellevue development located at 10300 NE 8th St. to an affiliate...

Blackstone Sells 180-Room Residence Inn by Marriott in Redmond for $34MM

By Kate Snyder Another hotel property in the Puget Sound region has traded hands, this time in Redmond. The buyer was an entity...

Nuveen Green Capital Provides More Than $90MM in Financing for 20-acre Harvest Project in Woodinville

By The Registry Staff Nuveen Green Capital has committed over $90 million in C-PACE financing to three key parts of the $600 million,...

DSA: Downtown Seattle Sees a A Surge in Workers and Visitors in July 2024

July marked a significant milestone in Downtown Seattle’s ongoing revitalization, as key metrics from the Downtown Revitalization Dashboard provided by the Downtown Seattle...

Sohal Hotels Sells 117-Room Hotel in Marysville for $26.5MM

By Kate Snyder The Puget Sound region has seen another hotel property trade hands with the sale of La Quinta Inn & Suites...

Kauri Investments Plans 150-Room Extended-Stay Hotel Near Overlake Medical Center in Bellevue

In a significant real estate development, Seattle-based Kauri Investments has announced plans to redevelop a medical building property near Overlake Medical Center into...

DSA June 2024 Update: Key Metrics Show Downtown Seattle’s Resurgence

Since the onset of COVID-19, Downtown Seattle Association (DSA) has tracked the pandemic's impact on the local economy. As downtown Seattle bounces back,...

BPM Real Estate Group’s 1MM SQFT Block 216 Tower in Portland Officially Complete

By The Registry Staff After several years and multiple hurdles, the Block 216 tower in downtown Portland, housing the Ritz-Carlton Portland, is now...

$150MM Renovations Announced for Seattle’s Memorial Stadium

Seattle’s iconic Memorial Stadium is set for a significant transformation as plans for its renovation begin to take shape. The project, which entered...