hospitality

St. Louis’ Midas Hospitality adds first chief investment officer

St. Louis-based Midas Hospitality is advancing its growth strategy with the addition of David Clayton as the firm’s first chief investment officer.  Clayton has nearly 40 years of…

CBRE closes sale of Chicago’s Hotel Versey

CBRE has arranged the sale of Hotel Versey, a 137-room hotel at 644 W. Diversey Parkway in Chicago. Lincoln Park Hotel PropCo LLC sold the…

Marcus & Millichap sells 67-room hotel in Wisconsin

 Marcus & Millichap closed the sale of Clarion Pointe Tomah, a 67-room hospitality property in Tomah, Wisconsin. Ebrahim Valliani, first vice president, and Michael Gantman,…

NexGen Hotels acquires Chicago’s Hotel Versey

NexGen Hotels, a hotel development and management company based in Itasca, Illinois, acquired the Hotel Versey in Chicago. Located at 644 W Diversey Parkway, the…

IllinoisMidwestHospitality

CBRE adds hospitality veteran to Midwest staff

Diane Fox, a veteran of more than 25 years in hotel acquisitions and asset management, has joined CBRE  as senior vice president of the company’s…

MinnesotaHospitality

Midas Hospitality names director of sales for Minnesota office

St. Louis-based hotel development, management and investment firm Midas Hospitality recently appointed Jena Ahlman as area director of sales for its Brooklyn Park, Minnesota, hotels. …

MichiganHospitality

The Hinman Company, development partners celebrate opening of Residence Inn in Grand Rapids

The Hinman Company, Dakota Legacy Group and Tharaldson Hospitality Management announced the opening of the iconic flatiron-shaped 147-suite Residence Inn by Marriott Grand Rapids Downtown…

MissouriHospitality

$26.4 million AC Hotel rising in St. Louis

The intersection of Building Information Modeling (BIM) and prefabrication is proving an effective strategy for Midas Construction as it advances the construction of the $26.4…

IndianaHospitality

Marcus & Millichap sells Comfort Inn & Suites in Indiana

Marcus & Millichap closed the sale of Comfort Inn & Suites Rockport, a 53-room hospitality property in Rockport, IN. The asset sold for $1.59 million.…

KansasHospitality

Midas Hospitality opens SpringHill Suites in Kansas

Midas Hospitality recently opened its first Overland Park, Kansas, property. Located at 4081 Indian Creek Parkway, the $20 million SpringHill Suites-Overland Park is a five-story…