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…
hotel
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,…
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…
New Sheraton hotel opens in Midtown neighborhood of Omaha
The Four Points by Sheraton Midtown Omaha hotel opened today in Omaha. The hotel includes a 24-hour fitness center, free WiFi and a business center.
Marcus & Millichap closes sale of 75-room hotel in Ohio
Marcus & Millichap closed the sale of Holiday Inn Express & Suites Cincinnati, a 75-room hospitality property in Sharonville, Ohio. The asset sold for $5.195…
Hilton Garden Inn coming to downtown Flint
A new Hilton Garden Inn will soon be opening in downtown Flint, Michigan. The hotel is occupying the former Genesee County Savings Bank building at…
Reichle Klein Group selling resort in Ohio tourist town
Reichle Klein Group recently earned the listing to sell the Islander Inn, a Caribbean-style resort in Put-In-Bay, Ohio.
A hotel crash? Nope. A slowdown? Maybe
The hotel sector across the country isn't due for a big fall, not by any stretch. But new research from CBRE does suggest that it…