Reichle Klein Group selling resort in Ohio tourist town
Reichle Klein Group recently earned the listing to sell the Islander Inn, a Caribbean-style resort in Put-In-Bay, Ohio.
Hospitality
A hotel crash? Nope. A slowdown? Maybe
The hotel sector across the country isn't due for a big fall, not by any stretch. But new research from CBRE does suggest that it…
Skender Manufacturing hires Michael Merle as VP, business development
Skender, a vertically integrated design, construction and manufacturing firm based in Chicago, has hired Michael Merle as vice president of business development for Skender Manufacturing.…
Marriott opens new hotel in downtown Des Moines
A 91-room Fairfield by Marriott opened Sept. 6 in Des Moines, Iowa. Located at 207 Crocker St., the Fairfield by Marriott Inn & Suites Des…
Mag Mile Capital closes $5 million refinance loan for Indianapolis hotel
Chicago-based Mag Mile Capital principal and chief executive officer Rushi Shah and vice president Prabhat Jayara have completed a $5.35 million non-recourse CMBS loan on…
Marcus & Millichap sells 58-room hotel in Wisconsin
Marcus & Millichap closed the sale of Country Inn & Suites West Bend, a 58-room hospitality property in West Bend, Wisconsin. The hotel sold for…
CBRE brokers sale of downstate hotel property
CBRE facilitated the sale of a 55-room Quality Inn hotel at 134 Barnett Avenue in Forsyth, Illinois. Located near Decatur, the property is across the…
Banyan Investment Group acquires 89-room East Peoria hotel
Florida-based hotel investment and management company, Banyan Investment Group, acquired the 89-room Fairfield Inn & Suites by Marriott Peoria East. The company also will operate…
Pizzuti celebrates topping out ceremony for Nashville hotel
The Pizzuti Companies and its general contractor Brasfield & Gorrie held a topping out ceremony Aug. 22 at The Joseph Nashville, a Luxury Collection Hotel…
Leslie Danford named new regional head, Midwest of hotel startup
OYO Hotels & Homes, a fast-growing hotel startup, has appointed Leslie Danford as its Midwest regional head. Based in Chicago, Danford brings more than 12…