hospitality

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…

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…

MCR buys Green Bay hotel

MCR, the fifth-largest hotel owner-operator in the United States, has acquired the 127-room SpringHill Suites by Marriott Green Bay in Green Bay, Wisconsin.

New Fairfield Inn & Suites opens near Kansas City

The new Fairfield Inn & Suites Kansas City Belton by Marriott will opened Jan. 3 in Belton, Missouri. Located just north of Highway 58 between…

Doing good, while doing well: Cicero’s establishes heritage of charity over 50-year history

In early 2012, the hotel renovation industry began its recovery, led by a boom in travel and rising occupancy rates at hotels across the nation.…

Vista closes $22 million in financing for pair of Indiana hotels

Vista Capital Company recently arranged $22.5 million of financing for the Candlewood Suites in Terre Haute, Indiana, and the Holiday Inn Express in downtown Indianapolis.…

hospitality

Subscribe