Hospitality

263 Articles

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...

168-Room Hotel Eastlund in Portland Hits Market for Receiver Sale

Convention-adjacent boutique asset tests investor appetite as Portland’s lodging market seeks firmer footing As Portland’s hospitality sector works through a post-pandemic reset, one...

Seattle’s Vera Project Announces Ambitious $2.5MM Campaign and Expansion Plans for 25th Anniversary in Georgetown Neighborhood

Seattle nonprofit unveils three-pronged initiative including new Georgetown venue, weekly free concerts, and expanded programming to support all-ages music and art The Vera...

Repositioned 119-Room Portland Airport Hotel Lists at $8MM After Comprehensive Restoration

CBRE Markets Turnkey Property on 2-Acre Site With Projected 67 percent Stabilized Occupancy as Portland Hospitality Sector Shows Recovery A 119-room hotel property...

Sage Investment Group Buys 103-Room Issaquah Motel 6 for $9.7MM

27,460-square-foot property changes hands in Eastside hotel deal Shifts in travel patterns, housing demand, and investor strategy continue to reshape the lower-tier hotel...

Evergreen Hospitality Lists Two Hampton Inn Properties in Portland Suburbs as 225-Room Portfolio or Individual Sales

Cushman & Wakefield markets hotel package in Sherwood and Tigard, both built in 2021 The Portland metropolitan area’s hotel investment market is seeing...

Tarragon Unveils 6,000 SQFT Club at Uplands, South Hill’s First Master-Planned Community with Resort Amenities

Seattle Developer Opens Resident-Only Facility with Heated Pool, Fitness Center as 320-Acre Community Reaches 100 Home Sales Tarragon has opened The Club at...

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