Retail Center in Kailua, Hawaii, Sells for $66Mln
March 29, 2023
IDI Logistics to Bring Industrial Project to Gastonia, N.C.
March 29, 2023
property type: Hotel & Resort
Construction Starts in April on Fort Worth, Texas, Hotel Project
Dallas Morning News Work is scheduled to get underway next month on the 153-room Nobleman Tapestry Hotel in Fort Worth, Texas. MB Hospitality of Dallas is building the property at 503 Bryan Ave., near Main Street just south of downtown ...
Apartment Conversion Planned for Raleigh, N.C., Hotel
Triangle Business Journal An affiliate of Certes Partners wants to convert a Raleigh, N.C., hotel into 139 apartment units. The New York company recently paid $9.6 million, or about $68,571/room, for the 140-room SureStay Plus Hotel by Best Western, which ...
Service Properties Sells 16-Hotel Portfolio for $137.5Mln
Service Properties Trust has sold another 16 hotels with 2,155 rooms, all operating under Marriott brands, for $137.5 million. The portfolio was acquired by a venture of NewcrestImage, a Dallas family office that specializes in the hotel sector, and Hospitality ...
Frisco, Texas, Hotel to Fly Marriott’s Autograph Collection Flag
Dallas Morning News The 224-room hotel under construction in the Hall Park mixed-use development in suburban Dallas has been given a Marriott flag. The property, which is being built just west of the Dallas North Tollway in Frisco, Texas, will ...
Hotel, Apartments Could Replace Office Building on University of Texas’ Main Campus
Austin Business Journal AJ Capital Partners has plans to raze an office building on the main campus of the University of Texas in Austin, Texas, and replace it with a hotel and apartment units. The Nashville, Tenn., company has filed ...
Affinius Lends $110Mln Against Manhattan’s Arlo Midtown Hotel
The following story was edited to add that Affinius also had provided $27.5 million of mezzanine financing. Commercial Real Estate Direct Staff Report Affinius Capital Management, the former USAA Real Estate, has provided $110 million of financing against the 489-room Arlo ...
MSD, FS Credit Lend $130Mln Against Manhattan Hotel
MSD Partners and FS Credit Real Estate Income Trust Inc. have provided $130 million of financing against the 713-room Yotel New York at Times Square hotel. The loan allowed the property's owner, a venture that includes IFA Hotels & Resorts ...
Camby, Autograph Collection
Host Hotels & Resorts took back $84.45 million of seller financing.
Staybridge Suites at 10559 Professional Circle
Bajwa Properties LLC was the buyer. The Staybridge Suites property is part of the collateral pool for a $256 million mortgage that was securitized through BHP Trust, 2019-BXHP. It was allocated $7.99 million of the total debt and pays a ...
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