Hospitality
Highgate Sells 155-Room La Quinta Inn in Tacoma for $19MM
By Kate Snyder Another hotel transaction was recorded in Tacoma, proving that investors are still interested in the city’s hospitality market. The 155-room...
Rockbridge, Aparium Hotel Group Acquire 151-Room Heathman Hotel in Portland for $45MM
(Editor’s Note: Public information shows that the seller was Pebblebrook Hotel Trust, which previously announced that the sales price for the Heathman was...
Sage Investment Group Buys 142-Room American Lodge in Tacoma for $11.5MM
By Kate Snyder A recent hotel deal is highlighting some signs of life in Tacoma’s hospitality market. In a recent sale, an American...
LIHI Purchase 83-Room Candlewood Suites in Lakewood for $20.2MM
(Editor’s note: Property records show that the seller was a family trust based in Federal Way.) LAKEWOOD, WA – The Low Income Housing...
Portland Shares Top Spot in Cushman & Wakefield’s Global Data Center Market Report
By Kate Snyder Despite challenges from the state of the overall economy, activity in the data center market continued its steady pace first...
Tutta Bella to Develop Hospitality Concepts at 457-Unit REN Apartment Building in Seattle
Recently Opened Luxury Rental Apartment Building REN to Serve as Home for Three Unique Food and Drink Experiences SEATTLE, Wash; Mar. 1, 2023...
CBRE’s US Real Estate Market Outlook for 2023: Optimistic Yet Uncertain Across Sectors
By Kate Snyder Despite the looming prospect of a moderate recession, experts were optimistic about the real estate market outlook for 2023 during...
319-Room Hilton Motif Seattle Debuts in the Heart of the Emerald City
SEATTLE– January 12, 2023 – Hilton (NYSE: HLT) today announced the opening of the 319-room Hilton Motif Seattle. The hotel, formerly Motif Seattle,...
123-Unit Hotel Andra Seattle Joins Accor in Franchise Agreement
SEATTLE, WA — 12/6/2022 — World leading hospitality group Accor today announced that Hotel Ändra Seattle will join the Group’s global portfolio as...
99-Unit Holiday Inn Express & Suites Everett Sold to EKOB Inc. for $17MM
By Kate Snyder Sales activity in Everett does not appear to be slowing down. One recent deal was the sale of the Holiday...
Angelo Gordon to Expand Acquisition Strategy for Commingled Fund into the Pacific Northwest
By Jon Peterson New York City-based Angelo Gordon & Co. is expecting to expand its geographical presence for its value-add commingled fund series...
Dynamic City Capital Acquires Seattle’s Charter Hotel & Helios for $107.8MM
By Kate Snyder A Utah-based firm is expanding its holdings in the Seattle area with the purchase of the Charter Hotel & Helios...