Hospitality
Silver Cloud Hotels Buys Development Site in Seattle’s Stadium District for $13.5MM
SEATTLE, WA, October 5, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing,...
Pebblebrook Hotel Trust Sells 117-Room Hotel in Portland for $32.9MM
BETHESDA, Md.– Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on September 14, 2022, it closed on the sale of the...
3.7-Acre Development Site in Woodinville’s Harvest Community Sells for $15MM
By Catherine Sweeney More space in Woodinville’s master planned community Harvest is selling. In one recent transaction, Harvest Retail Partners LLC, a development...
Urban Villages’ 120-Room Hotel Westland Set to Open in Seattle’s Pioneer Square Neighborhood in 2023
By Catherine Sweeney After previously completing an office project at its RailSpur adaptive reuse project in Seattle, Denver-based development company Urban Villages is...
Magna Hospitality Group Purchases 157-Room SeaTac Hotel for $19.5MM
By Catherine Sweeney Recent investments into the Puget Sound region are showing some promise for the region’s hospitality market. In a recent transaction...
Kirkland Development Obtains $31.4MM Senior Loan for 138-Room Hotel Project in Vancouver, WA
ATLANTA–Bay Point Advisors, LLC has provided a $31.4 million loan to Kirkland Development to finance the opening of an eight-story, 138 room waterfront Hotel...
Oxford Collection Acquires 120-Room Hotel in Downtown Seattle for $31MM
By Catherine Sweeney Across the nation’s top commercial real estate markets, hotel assets continue to be in high demand. This holds true in...
244-Room Hotel Planned for Seattle’s Yesler Terrace Neighborhood
By Catherine Sweeney An 11-story hotel is being planned for Seattle’s Yesler Terrace neighborhood. In an early design guidance (EDG) meeting last week...
Park Hotels & Resorts Sells 195-Room Homewood Suites in Seattle for $80MM
(EDITOR’S NOTE: According to public records, the Homewood Suites by Hilton Seattle Convention Center is located at 1011 Pike Street and sold to...
Kaylan Hospitality Sells 154-Room Hilton Garden Inn in Lynnwood for $31.8MM 
By Catherine Sweeney Following a long pause in travel during the onset of the COVID-19 pandemic, hospitality properties across the Puget Sound have...
384-Room Seattle Marriott Bellevue Part of Brookfield’s $3.8B Hotel Deal with Watermark Lodging
EDITOR’S NOTE: The West Coast properties acquired in the transaction include the following hotels:Seattle Marriott Bellevue – 384 roomsFairmont Sonoma Mission Inn &...
Snohomish Country Sports Commission Begins RFI Process for Development of Sports Complex
Snohomish County, Washington – Snohomish County Sports Commission has hired JLL’s Hotels & Hospitality Group’s Tourism and Destination Advisory Team to help in the...