Hospitality

Green Street, Midas Enterprises developing $100 million mixed-use project in St. Louis market

Green Street Real Estate Ventures is teaming with Midas Enterprises on a joint-venture partnership to redevelop the intersection of Forsyth Boulevard and North Central Avenue…

Hotels move toward recovery, thanks to the rise of the “new” traveler

Stats are predicted to improve for the hospitality industry in 2022, but the road to recovery will be rocky, and a full recovery is still…

HDA Architects wraps work on $44 million hotel in St. Louis

HDA Architects has completed a $44 million AC Hotel in the Central West End neighborhood of St. Louis, Missouri. The seven-story building totals 94,300 square…

Friedman Real Estate sells 453-room hotel in Detroit

Friedman Real Estate recently sold the 32-story, 453-room hotel at 1114 Washington Blvd. within the Washington Boulevard Historic District in Detroit. Originally constructed in 1924,…

Construction begins on dual-branded hotels in Lansing

Construction on the hotels began two months ago, but on Dec. 9, elected officials and others joined Continental/ Ferguson, LLC and Concord Hospitality for the…

CBRE closes sale of 256-room hotel in Michigan

CBRE has arranged the sale of an 11-story, 256-room Radisson hotel in Lansing, Michigan. Block 100 Limited Partnership sold the property to Lansing Hotel Investors,…

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…

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…

Hospitality

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