Hospitality

316 Articles

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...

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...