Midas Hospitality opens AC Hotel and Residence Inn in Lenexa
Midas Hospitality opened a new dual-branded AC Hotel and Residence Inn by Marriott at Lenexa City Center, bringing 261 rooms and suites to one of…
hospitality
Sherman Associates completes $2.07 million renovation of Aloft Minneapolis Hotel
Sherman Associates has completed a $2.07 million renovation of Aloft Minneapolis Hotel located in the Mill District neighborhood at 900 Washington Avenue South. The 155-room…
Marcus & Millichap closes sale of 73-room hotel in Humble
Marcus & Millichap brokered the sale of a 73-room Hampton Inn & Suites property in Humble, Texas. Rajan Patel, investment specialist in Marcus & Millichap’s…
Tackling the affordability problem in a tourist mecca: Drever Partners converts Branson hotel into workforce housing
Branson, Missouri, is famous for its live entertainment and steady stream of tourists. It’s home to stage shows, wax museums and miniature golf courses. But…
CBRE adds first vice president for hotels in Columbus office
Laurel Keller has joined CBRE as a First Vice President in its Columbus, Ohio, office for CBRE Hotels. In this role, Keller works alongside Eric Belfrage and Michael…
Inland National Development Company closes sale of pair of Hilton hotels in Holland
An affiliate of Inland National Development Company, LLC brokered the sale of Tru by Hilton Holland and Home2 Suites by Hilton Holland in Holland, Michigan,…
High gas prices still putting a hurt on hotel industry
The U.S. hospitality sector continues to face a challenging travel environment this summer, but a shortage of new hotel construction and improving investment activity point…
HREC closes sale of 77-room hotel in St. Robert
HREC Investment Advisors arranged the sale of the 77-room MainStay Suites St. Robert – Fort Leonard Wood in St. Robert, Missouri. Shreeji RAS, LLC, based…
Marcus & Millichap negotiates sale of Comfort Suites property in Johnson Creek
Marcus & Millichap brokered the sale of a 100-room Comfort Suites hotel property in Johnson Creek, Wisconsin. Ebrahim Valliani and Kristen Blackshaw, investment specialists in…
Flyover No More: The Case for Midwest Hotel Investment
For real estate investors conditioned to chase hot deals in the Sun Belt, the Midwest can sometimes be an afterthought. However, there are a number…