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,…
hotel
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…
Marriott opens new hotel in downtown Des Moines
A 91-room Fairfield by Marriott opened Sept. 6 in Des Moines, Iowa. Located at 207 Crocker St., the Fairfield by Marriott Inn & Suites Des…
Mag Mile Capital closes $5 million refinance loan for Indianapolis hotel
Chicago-based Mag Mile Capital principal and chief executive officer Rushi Shah and vice president Prabhat Jayara have completed a $5.35 million non-recourse CMBS loan on…
Marcus & Millichap sells 58-room hotel in Wisconsin
Marcus & Millichap closed the sale of Country Inn & Suites West Bend, a 58-room hospitality property in West Bend, Wisconsin. The hotel sold for…