Arbor Lodging Partners appoints two CEOs
Arbor Lodging Partners has appointed Vamsi Bonthala as CEO of Arbor Lodging Partners and Sheeneal Patel as CEO of NVN Hotels.
Hospitality
Fairfield Inn & Suites opening in Minnesota
A 67-room Fairfield Inn & Suites by Marriott will open in East Grand Forks, Minneosta, in mid-June.
New Courtyard by Marriott opening in Ohio community
Canfield, Ohio, will this week get a new Coutyard by Marriott hotel.
Dougherty Funding closes $15 million loan for construction of hotel in Eau Claire
Dougherty Funding LLC has closed a $15.3 million loan for the construction financing of Hotel Lismore, a DoubleTree Hotel by Hilton, to be located in…
HFF secures $25M acquisition financing for Hyatt Regency Woodfield hotel
Holliday Fenoglio Fowler, L.P. (HFF) secured $25 million in acquisition financing for the Hyatt Regency Woodfield, a 468-room, full-service hotel located in the Schaumburg, Illinois.
Huff, Niehaus & Associates sells Clarion Hotel in Lexington
Huff, Niehaus & Associates, Inc. have closed the sale of the Clarion Hotel Lexington Conference Center in Lexington, Kentucky.
Very superstitious? Construction companies keep tradition of topping-out alive
Are construction companies superstitious? Maybe just a bit. Consider the tradition of topping out.
Fairfield Inn & Suites opens in Bowling Green
Cushman & Wakefield|NorthMarq represented Rochester, Minn.-based Titan Development & Investments in the sale of AmericInn & Suites Rochester Airport hotel at 7320 Airport View Drive…
Marcus & Millichap sells 14,000-square-foot retail center in Wisconsin
Real estate investment and development firm Laurus Corporation has completed a $10 million renovation of the Hilton Kansas City Airport Hotel in Kansas City.
Smith Dean Burgett sells 209-room hotel in Michigan
Smith Dean Burgett Hotel Investments in Traverse City, Michigan, recently brokered the sale of the Best Western Greenfield Inn hotel in Allen Park, Michigan.