CBRE sells 83-room Courtyard by Marriott in Indianapolis
CBRE announced has arranged the sale of the 83-room Courtyard by Marriott Indianapolis South hotel in Indianapolis to Trivedi Hospitality.
hospitality
Fresh look at new supertall project next to Tribune Tower
New light has been shed on what would be Chicago's second-tallest building. Chicago developer Golub & Company and Los Angeles-based CIM Group revealed the details…
The CRE boom in Louisville? Give part of the credit to bourbon
The commercial real estate market is soaring in Louisville, and you can cite plenty of reasons why: The city is located within a short drive…
Leopardo begins 238,000-SF historical renovation for Hilton in Chicago Loop
Leopardo recently began construction on a 238,000-square-foot, 15-story renovation and conversion at 226 W. Jackson Street in Chicago on behalf of developer Phoenix Development. Formerly…
Dual-branded hotels by Marriott open doors in Minnesota
A combined 96-suite Residence Inn by Marriott hotel and 84-suite SpringHill Suites by Marriott hotel in Maple Grove, Minnesota, are now open for business.
Petros Pace closes $8 million loan for KC Hyatt House energy measures
Petros PACE Finance, LLC has closed an $8 million Commercial Property Assessed Clean Energy (C-PACE) transaction with Pedersen Development Company, a Colorado-based developer, to finance…
Liberty SBF closes $2 million hotel loan near Minneapolis
Liberty SBF has closed a first mortgage loan totaling $2.2 million to borrower Mounds View Lodging LLC for the refinance of an AmericInn by Wyndham,…
Marcus & Millichap arranges sale of 134-room hotel in Arlington Heights
Marcus & Millichap closed the sale of Red Roof Inn Chicago – O'Hare, a 134-room hospitality property located in Arlington Heights, Illinois, according to Steven…
Newest Michigan Courtyard by Marriott opening near Lansing
Courtyard by Marriott East Lansing Okemos will open in Okemos, Michigan, on Oct. 25. Located at 3545 Meridian Crossing Drive, the 105-room hotel will operate…
Chicago’s Kimpton Palomar Hotel sells for $55 million
Service Properties Trust (SVC), a Massachusetts-based REIT, has completed the purchase of the 261-room Kimpton Palomar Hotel in Chicago for $55 million, or approximately $211,000…