Hospitality

257 Articles

U.S. Hospitality Market Faces Cost Pressures and Shifting Investment Trends

The U.S. hospitality industry ended 2024 on an uneven note, as nominal revenue per available room (RevPAR) showed modest gains, yet real profitability...

Downtown Seattle Shows Strong Revitalization in 2025 State of Downtown Event

Seattle’s downtown core is experiencing a significant revitalization, as highlighted at the Downtown Seattle Association’s (DSA) 20th annual State of Downtown event held...

Ready Capital Plans Disposition of Block 216, Ritz-Carlton Portland Mixed-Use Development

Ready Capital Corporation (NYSE:RC) revealed new details about its significant Block 216, home to Ritz-Carlton hotel in Portland, Oregon real estate investment during...

AWH Partners Sells 240-Room Embassy Suites by Hilton in Lynnwood for $18MM

By Kate Snyder Another hotel property in the Puget Sound region has traded hands, this time in Lynnwood. The 240-room property, an Embassy...

Kirkland Seeks Developer for Seattle Kraken Ice Facility in Public-Private Venture

The City of Kirkland has initiated a formal procurement process to identify a developer for a major mixed-use facility that will bring professional...

PH Development Secures $15.9MM in Financing for Hotel-to-Multifamily Conversion in Gresham, Ore.

JLL Capital Markets arranges loan for Woodland Flats apartment community with retail space SEATTLE, Feb. 26, 2025 –  JLL Capital Markets announced today that it...

Staypineapple Secures $29.5MM Refinancing for 139-Room The Maxwell Hotel in Seattle

JLL’s Hotels & Hospitality Group arranged the financing for a 139-key hotel in Seattle’s Queen Anne neighborhood PHOENIX, Feb. 17, 2025 –  JLL’s...

$118MM Everett Stadium Project Taps DLR Group and Bayley Construction for Design-Build

The city of Everett has taken a significant step forward in its plans to build a state-of-the-art multi-purpose stadium in its downtown core....

Downtown Seattle’s January 2025 Recovery Dashboard: Key Trends and Insights

As the world continues to emerge from the shadow of the COVID-19 pandemic, Downtown Seattle is showcasing its resilience and propensity for renewal....

6,200 SQFT Restaurant Salty’s Redondo in Des Moines Hits the Market for $7.9MM

Salty’s Redondo, a waterfront restaurant located at 28201 Redondo Beach Dr S in Des Moines, has been listed for sale at $7.9 million,...

Downtown Portland’s Dining Scene Soars with The Flock at Ritz-Carlton

After years of anticipation, The Flock, a high-end food hall nestled within the Ritz-Carlton in downtown Portland, has officially opened its doors. The...

85-Room Alsi Resort in Waldport, Ore., Hits the Market for $4.8MM

The Alsi Resort, a two-story waterfront property located at 902 NW Bayshore Drive in Waldport, Oregon, has been listed for sale at $4.8...

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