Hospitality
Kirkland Negotiates Deal for $78.8MM Kraken Ice Facility
City would retain purchase option on privately-financed community center and NHL-standard rinks in novel public-private partnership The City of Kirkland is advancing negotiations...
From Police Stables to Dance Floor: Developer Eyes Pearl District’s Historic Waterfront Site for Entertainment Venue
A Vancouver, Wash. entrepreneur proposes transforming Portland’s former Mounted Patrol facility into a restaurant and nightclub, even as a larger mixed-use project moves...
Hotel Conversions Reshape America’s Rental Market as Hospitality Struggles Mount
The American hotel industry’s post-pandemic malaise is creating an unexpected windfall for apartment developers. In 2024, more than 9,100 hotel rooms were transformed...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
Yareton’s 304-Room Marriott Tacoma Downtown Scheduled to be Sold in Auction to Pay Back $76.4MM Loan
By The Registry Staff A Puget Sound region hotel is slated to be sold at auction in response to the debt owed to...
Sonder Collapses as Marriott Deal Unravels, Leaving Hospitality Startup in Ruins
The once-promising tech-enabled accommodation provider will liquidate immediately after integration challenges with Marriott led to terminal financial distress Sonder Holdings Inc., the San...
SRM Development Pushes Forward With 211-Unit Astro Apartments Hotel Conversion in Seattle
Lower Queen Anne project reflects broader shift in urban residential strategies A six-story residential building steps from Climate Pledge Arena is moving forward...
Alaska Airlines Bets Big on Premium Travelers With Split-Level Lounge Strategy
The carrier is investing in a new 20,000-square-foot facility at Sea-Tac as competition for high-spending flyers intensifies on the West Coast Alaska Airlines...
2025 Seattle Cruise Season Ends with Record Passenger Numbers
The Port of Seattle announced today the completion of the 2025 cruise season. The record cruise season delivered an estimated $1.2 billion in...
Downtown Seattle Shows Signs of Recovery as Office Market Turns Positive
New data reveals progress in public safety and the first office space gains in four years, though remote work continues to reshape the...
Stoller Group Announces Groundbreaking on 188-Room Hotel in McMinnville, Ore.
Five-story Marriott property anchors expanding Evergreen aviation campus development Oregon’s wine country is getting a notable hospitality addition as development work advances on...
Trimark Property Group Buys 403-Room Hotel Portfolio in Renton, Bellevue for $42MM
By The Registry Staff A three-hotel portfolio in Renton and Bellevue traded hands recently, showing that the city continues to draw investors to...
