Tru hotel to open in Missouri’s Streets of St. Charles development
A Tru hotel by Hilton will soon open in the Streets of St. Charles, a mixed-use development in St. Charles, Missouri, that is owned and…
Hospitality
CBRE sells 64-suite hotel in Ohio
CBRE recently sold the 64-room Best Western Franklin Park Suites hotel in Columbus, Ohio.
Podolsky Northstar negotiates sale of famed Purple Hotel in Chicago suburb
Months after it was retained as exclusive agent, Riverwoods, Ill.-based Podolsky Northstar CORFAC International has negotiated the sale of two mortgage notes that are secured…
Chicago office of HREC Investment Advisors plays key role in sale of resort in Wyoming
The Chicago office of HREC Investment Advisors recently played a major role in the sale of the Snow King Resort Hotel and Conference Center in…
Vista Capital Company closes $17.3 million loan for Crowne Plaza Union Station hotel in Indianapolis
Vista Capital Company recently arranged and closed $17.3 million of financing for the Crowne Plaza Union Station located in downtown Indianapolis within America's first Union…
Marcus & Millichap’s hospitality group enjoyed big year in 2012
Marcus & Millichap Real Estate Investment Services closed 78 hotel transactions in 2012 totaling $289 million, according to Gregory LaBerge, national director of the firm's…
Hospitality sector advances with increased business travel, leisure stays
The national and local hospitality sectors continue to advance as strong corporate profits support increased business travel, and the broadening economic recovery inspires more leisure…
Marcus & Millichap sells 114-room hotel property near St. Paul
Marcus & Millichap Real Estate Investment Services sold the Days Inn Roseville/Saint Paul, a 114-room hotel property located in Roseville, Minn. The hotel sold for…
Marcus & Millichap: Hotel rents, occupancy rates are on the rise
Travel much for business? You might soon have more hotel rooms to choose from while you're on the road, at least according to the third…
Meridian Design Build celebrates ground-breaking of new hotel on Western Kentucky University’s campus
Meridian Design Build's National Projects Group on Sept. 17 celebrated the ground-breaking for a 72,500-square-foot Hyatt Place Hotel in Bowling Green, Ken.