Hospitality
PropTech: Prescient Leverages Replicability of Hospitality and Multifamily Development to Create Efficiencies in Construction
By Meghan Hall As construction costs continue to rise, new tech is evolving in an effort to streamline processes and budgets. At Prescient,...
Entity Affiliated with KKR Buys Federal Way Hotel for $25.4MM
By Meghan Hall New York-based global investment company KKR has added to its Puget Sound portfolio. In a deal that closed mid-September but...
78-Room Hotel Seattle Sells for $10.85MM
Seattle, Wash. (September 30, 2021) – Hotel Seattle, a 78-unit historical boutique hotel located at 315 Seneca Street in downtown Seattle, has sold...
WoodSpring Suites Locations Across Puget Sound Sell for Combined $88MM
By Meghan Hall A portfolio deal has closed in the Puget Sound that could give insight into how investors are viewing hospitality assets....
King County Closes on Acquisition of Extended Stay Americas in Seattle, Federal Way, for $67.3MM
By Meghan Hall King County is continuing to build upon its strategy by purchasing existing hotels to house Seattle’s growing homeless population. In...
Bellevue Marriott Hotel Sells for $87MM
By Meghan Hall A South Korean investor has sold off a Bellevue hotel, closing on a deal that is equal to the amount...