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SANTA FE, NM-The Dallas-based hotel REIT buys the 157-room Hilton Santa Fe for $18.2 million. The price translates to a cap rate in the 6% range based on the previous 12 months, but Ashford believes it can raise that to nearly 9% during its first year of ownership.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!