Mortenson acquires site for new Embassy Suites in downtown Madison
Mortenson has completed financing and acquired the site for the Judge Doyle Square Hotel in Madison, Wisconsin, from the City of Madison. Mortenson is advancing…
Hospitality
Mission Capital Debt & Equity closes $64 million in financing for development of Godfrey Hotel Detroit
Mission Capital Debt & Equity, part of Marcus & Millichap Capital Corporation, has arranged $64 million in financing for the development of The Godfrey Hotel…
Crestline Hotels & Resorts to manage 150-room Hilton Garden Inn in downtown Memphis
Crestline Hotels & Resorts, LLC has been selected to manage the 150-guestroom Hilton Garden Inn Memphis Downtown in Memphis, Tennessee. The hotel is located across…
Marcus & Millichap sells 72-room hotel in Indianapolis
Marcus & Millichap closed the sale of Motel 6, a 72-room hotel property in Indianapolis. The asset sold for $2.5 million. Ebrahim Valliani, first vice…
Marcus & Millichap sells 81,893-square-foot hotel in Wisconsin
Marcus & Millichap closed the sale of Comfort Suites, an 81,893-square-foot hotel property in Oshkosh, Wisconsin. Ebrahim Valliani, first vice president; Michael Klar, associate; Chris…
Summit Hotel Properties announces acquisition of 27-hotel portfolio
Summit Hotel Properties, Inc. today announced that it has entered into a definitive contribution and purchase agreement to acquire a 27-hotel portfolio totaling 3,709 guestrooms,…
Cawley Chicago represents Naperville building owner in a two-part lease/sale transaction
Cawley Chicago’s Capital Markets Team, comprised of Principal Daniel Cawley, SIOR alongside Senior Associate, Brenten Blakeman represented building owner and operator of Players Indoor Sports, an indoor athletic and…
Inland Green Capital LLC closes $2.76 million C-PACE Refinancing for The Drake Hotel in Oak Brook, Illinois
Inland Green Capital LLC (“Inland Green Capital”), an environmental finance and investment company, announced the closing and funding of a commercial Property Assessed Clean Energy…
Midas Hospitality names director of business development
St. Louis-based hotel management firm Midas Hospitality recently appointed Carrie Van Nest as director of business development. In this position, Van Nest will facilitate and…
Newmark expands lodging capital markets with new hires in Los Angeles and Dallas
Newmark Group, Inc. today announced the expansion of its Lodging Capital Markets Group with two new hires and the relocation of two Newmark professionals. With these…