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FinanceHospitalityIndustry NewsPortland

Vesta Hospitality Refinances 150-Key AC Hotel Vancouver Waterfront

Vesta Hospitality has lined up new debt on the 150-key AC Hotel Vancouver Waterfront, the property that opened the Port of Vancouver USA's...

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AECHospitalityIndustry NewsLeasingResidentialRetail

Harvest Woodinville Quietly Opens 100,000 SQFT The Yard After Two Decades of Delays

Wine tasting rooms, a steakhouse and local boutiques have started opening at The Yard, the long-delayed centerpiece of the $600 million Harvest development,...

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CommercialFinanceHospitalityIndustry NewsPortlandResidential

Ready Capital Lands $141MM C-PACE Loan From Peachtree Group to Recapitalize Ritz-Carlton Portland Tower

Ready Capital has closed a $141 million C-PACE loan from Peachtree Group to recapitalize Block 216, the 35-story downtown tower housing the Ritz-Carlton...

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CommercialHospitalityIndustry NewsLeasingRetail

Olive Branch Bakery Leads First Wave of Retail at Woodinville’s 164-Room Somm Hotel

Nearly ten months after the upscale Somm Hotel and Spa opened its doors in Woodinville, the wine-themed property is finally activating its ground-floor...

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FeaturedFinanceHospitalityIndustry News

$23.6MM DoubleTree Suites Loan Near Seattle Airport Lands in Special Servicing as CMBS Maturity Wall Crashes Hotels

The 219-suite DoubleTree Suites Seattle Airport-Southcenter was transferred to special servicing on May 26, the latest 2016-vintage hotel mortgage to fail a refinancing...

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AECFinanceHospitalityIndustry News

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...

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FinanceHospitalityIndustry NewsPortland

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...

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AECHospitalityIndustry News

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...

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FinanceHospitalityIndustry NewsNews Releases

Braemar Hotels Sells Seattle Waterfront Marriott for $145MM in Portfolio Strategy Shift

Braemar Hotels & Resorts Inc. announced the sale of the 369-room Marriott Seattle Waterfront for $145 million, aiming to shift focus to luxury...

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

Expansive Harvest Project Reshapes Woodinville: 142,000 SQFT “The Yard” Eyes Summer 2025 Debut

Against a backdrop of dynamic city-wide evolution, including new housing affordability mandates and tenant protection ordinances, the hum of construction continues to redefine...

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FeaturedFinanceHospitalityIndustry News

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...

FinanceHospitalityIndustry News

OTO Development Sells 128-Room Bellevue Hampton Inn and Suites for $28.7MM

By Kate Snyder A hotel property in Bellevue traded hands in a deal that shows the hospitality market in the Puget Sound region...

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