MZ Capital to turn Naperville hotel property into micro apartments
Marcus & Millichap brokered the sale of the Regency Inn at 1350 E. Ogden Avenue in Naperville, Illinois, for $3.35 million, according to Steven Weinstock,…
hospitality
Entertainment, fitness still fueling the retail sector
As it is in most cities in the Midwest, the retail sector is having its ups and downs in Louisville.
My Place hotel expands to Minneapolis region
Following its fifth year in franchising, My Place Hotels are officially in half of the United States with its newest hotel opening in Minnesota this…
Poettker completes renovation of Seven Gables Inn in Missouri
Poettker Construction recently completed the Seven Gables Inn renovation in Clayton, Missouri. As this hotel is listed on the National Register of Historic Places and…
Marriott Cleveland Airport Hotel hitting the auction block
CBRE has been awarded the listing assignment for the sale of the 372-room Marriott Cleveland Airport hotel. The hotel will be going to auction February…
Petros PACE provides $4.2 million to transform historic Omaha building
Petros PACE Finance, LLC has closed a $4.2 million Commercial Property Assessed Clean Energy (C-PACE) transaction with REV Development, an owner, developer and operator of…
Berkadia provides $77 million in financing for Westin in Detroit
Berkadia provided $77 million in financing for The Westin Book Cadillac, a full-service hotel in Detroit, Michigan. Director Dan Geuther of Berkadia's Cleveland office secured…
Marriott opens dual-branded hotel in Lexington
Marriott International on Jan. 8 opened a dual-branded Marriott Hotels and Residence Inn by Marriott property in downtown Lexington, Kentucky.
First Hospitality appoints David Duncan to chief executive officer
First Hospitality has appointed David J. Duncan as president and chief executive officer. Duncan, a real estate and hospitality industry veteran, has served as First…
JLL arranges 57 million loan for extended-stay hotel in Chicago
JLL Capital Markets arranged a $57.58 million refinancing for Home2Suites by Hilton Chicago River North, a newly constructed, 206-suite, extended-stay hotel in Chicago's downtown River…