Hospitality
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...
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...
