hospitality

Petros PACE closes $5.6 million in financing for Omaha hotel projects

Petros PACE Finance, LLC has closed two Commercial Property Assessed Clean Energy (C-PACE) transactions totaling $5.6 million with MH Hospitality, an Omaha, Nebraska developer, owner…

136-room Marriott opening in downtown St. Louis

A 136-room Fairfield by Marriott hotel opened last week in downtown St. Louis as part of a transformation of the Downtown West area of the…

CBRE report: AirBNB, VRBO rentals will impact hotel markets in 2020

Hotel owners have reason to worry about the continued growth of services such as AirBNB and VRBO. Short-term vacation rentals will remain popular in 2020,…

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,…

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…

hospitality

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