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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...

Street view of the Woodinville city center sign outside of a major shopping area on a cloudy, overcast day
AECHospitalityIndustry News

164-Room The SOMM Hotel & Spa in Woodinville to Open September 28

New sophisticated destination property will include wine blending rooms, curated wellness amenities, and elevated dining led by nationally acclaimed chef Maximillian Petty WOODINVILLE,...

CommercialFinanceHospitalityIndustry NewsNews ReleasesPortland

Sonnenblick-Eichner Company Arranges $39MM Interim Leasehold First Mortgage Financing for Downtown Hotel in Portland

Beverly Hills, CA — Sonnenblick-Eichner Company has arranged $39 million of non-recourse interim leasehold first mortgage financing for Moxy Portland Downtown, a 197-room...

AECCommercialIndustry NewsNews Releases

Fifth Wall Closes New $503MM Fund, the Largest Real Estate Venture Capital Fund Raised to Date

With over $1 billion assets under management and more than 50 corporate strategic investors spanning 11 countries Fifth Wall has assembled the largest...

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News Releases

American Realty Capital Hospitality Trust Acquires Six Hotels from Summit Hotel Properties for $108.3 Million

Acquisition increases ARC Hospitality’s current lodging portfolio to 142 hotels totaling 17,351 rooms across 32 states NEW YORK, Feb. 16, 2016 — American...

CommercialFinance

Carey Watermark Acquires Seattle Marriott Bellevue

By Kristin Bentley In its first venture into the Seattle market, a private REIT has acquired the Seattle Marriott Bellevue, a 17-story, state-of...

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CommercialFinanceResidential

Seattle Evaluating a 14-Story, Mixed-Use Building in Financial District

By Alice Yin Hotel Concepts is in the process of designing a 14-story mixed-use building in Seattle’s International District. The project aims to...

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