David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
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Brookfield Revives GGP Name for Malls
January 7, 2026
property type: Hotel & Resort
Godfrey Hotel in Boston Sells for $124Mln
Boston Business Journal An affiliate of Elliott Management has paid $124 million, or $512,397/room, for The Godfrey Hotel, a 242‑room property in Boston. The West Palm Beach, Fla., investment firm acquired it from Union Investment, a German asset manager that ...
San Antonio Hotel Buy Financed with $16.5Mln Loan
San Antonio Business Journal Gresham James Hotels has lined up $16.5 million of financing for its acquisition of the 128-room Home2 Suites by Hilton San Antonio Riverwalk at 603 Navarro St. in San Antonio. The lender, seller, and purchase price ...
Hotel in Downtown Chicago Sells for $29Mln
Crain's Chicago Business A group led by investor Prakash Patel has paid $29 million, or $124,463/room, for the 233-room Homewood Suites hotel in downtown Chicago. Patel acquired the property, at 40 East Grand Ave., from Brookfield. The hotel was built ...
Sheraton Raleigh Hotel
White Lodging has paid $27.75 million, or $78,612/room, for the 353-room Sheraton Raleigh Hotel in the city's downtown area. The Merrillville, Ind., hotel management company purchased the property from an affiliate of PM Hotel Group of Chevy Chase, Md., which bought ...
Four Points Westshore by Sheraton Suites hotel
Internet personality Ben Mallah has sold the Four Points Westshore by Sheraton Suites hotel in Tampa, Fla., for $26 million, or $98,859/room. Mallah sold the eight-story property to a South Florida-based company calling itself Cypress Hotel Owner LLC in a ...
Sonnenblick-Eichner Arranges $110Mln Loan for Silicon Valley Hotel
Sonnenblick-Eichner Co. has arranged $110 million of mortgage debt against the 250-room Hotel NIA in the Silicon Valley city of Menlo Park, Calif. The five-year loan was provided by Madison Newbond, a lending venture between alternative lender Madison Realty Capital ...
La Posada de Santa Fe
The buyer is a limited liability company called Abo Sada, an affiliate of Abo Empire, an Artesia, N.M., family office. To fund its purchase, Abo Sada has lined up mortgage financing from First American Bank. Details of the financing could ...
265-Room Sheraton Hotel in Plantation, Fla., Sells for $26.6Mln
South Florida Business Journal A venture of Artifact Group and Rok Acquisitions has bought the Sheraton Suites Fort Lauderdale West, a 265‑room hotel in Plantation, Fla., for $26.6 million, or $100,377/room. Artifact, of Montreal, and Rok, of Miami, purchased the ...
OTO Development Buys St. Pete Beach, Fla., Resort for $31.5Mln
Tampa Bay Business Journal OTO Development has paid $31.5 million, or $308,824/room, for the 102-room Beachcomber Beach Resort in St. Pete Beach, Fla. The Spartanburg, S.C., hotel owner and operator purchased the property from Gencom of Miami, which had acquired ...
Mormon Church Buys Boca Raton, Fla., Apartment Complex for $240Mln
South Florida Business Journal An affiliate of Property Reserve, the real estate investment arm of the Church of Jesus Christ of Latter‑day Saints, has paid $240 million, or $526,316/unit, for Uptown Boca Villas, a 456‑unit apartment complex in Boca Raton, ...
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