Hospitality
Portland Hotel Sector Navigates Near-Term Headwinds as Select Submarkets and Thin Pipeline Offer Investor Opportunities
Marcus & Millichap's 2026 outlook projects continued softening in Portland's hotel fundamentals, though limited new construction and tech-corridor demand create selective bright spots....
Seattle Hotel Market Eyes Recovery as FIFA World Cup Matches and Shrinking Construction Pipeline Signal Turning Point
Marcus & Millichap's 2026 outlook forecasts modest occupancy and ADR gains for Seattle-Tacoma, though declining Canadian travel and a slow post-pandemic recovery temper...
Shovel-Ready 196-Room Residence Inn at Seattle’s Yesler Terrace Hits the Market with Approved Plans and Permits
The fully entitled hotel site at 718 Yesler Way offers a new developer the rare chance to bypass Seattle's lengthy permitting process and...
McMenamins Unveils Plan to Convert Historic 37,000 SQFT Taft Hotel Into 63-Room Boutique Hotel in Downtown Portland
The Pacific Northwest hospitality chain aims to link the 1907 building to the Crystal Ballroom via skybridge, creating an interconnected West End entertainment...
65-Unit La Quinta by Wyndham Listed for $6.85MM in Bend, Oregon
The leasehold hotel offering targets investors seeking value-add upside in one of Oregon's strongest leisure-driven lodging markets A 65-unit La Quinta by Wyndham...
Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale
The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...
Port of Everett Secures Key Mukilteo Waterfront Parcels, Prepares Spring Solicitation for Developer on 26-Acre Mixed-Use Vision
After a multi-year planning effort and two strategic property acquisitions, the Port is ready to seek a private partner to transform a mile...
Boardmill Block Hits Permitting Milestone as Local Developers Advance Bellingham’s Waterfront Vision
New permit applications signal the long-planned hotel, residential and park complex on the former Georgia-Pacific site is shifting from design to construction preparation....
Kauri Investments Plans 174-Room Hyatt House in Bellevue’s Wilburton Neighborhood
Eight-story extended-stay hotel near light rail station targets 2028 opening following spring 2027 groundbreaking Seattle-based developer Kauri Investments plans to develop a 174-room...
West Coast Leads the Charge as Food Halls Reshape Commercial Real Estate Strategy
From Los Angeles to Seattle, food halls are becoming indispensable asset-value drivers as operators evolve the format with bar-forward programming, entertainment and flexible...
Acore Capital Acquires 304-Room Marriott Tacoma Downtown for $50MM Through Foreclosure Sale
Lender-affiliated buyer secures downtown hotel at 34 percent discount from outstanding debt as Pacific Northwest market shows signs of recovery Acore Capital purchased...
168-Room Hotel Eastlund in Portland Hits Market for Receiver Sale
Convention-adjacent boutique asset tests investor appetite as Portland’s lodging market seeks firmer footing As Portland’s hospitality sector works through a post-pandemic reset, one...
