Hotels

News

The Collective Expands Co-Living to LIC, Queens

Betsy Kim |

The communal living company acquired the Paper Factory Hotel in Long Island City, Queens for conversion into its third co-living property in New York City.

Features

Can Sea Ranch Lodge Be the Next Post Ranch Inn?

Lisa Brown |

A Bay Area tech group has purchased the oceanfront 19-room Sea Ranch Lodge nestled on 52 acres in The Sea Ranch in Sonoma County, but no renovation or expansion plans have been made public as of yet.

Let Data, not Emotion, Guide Your Hotel Investment Strategy

John Salustri |

The numbers dispel any concern caused by late-cycle jitters. But discipline is always the rule, says Marcus & Millichap’s Peter Nichols.

News

Walker & Dunlop Arranges $45M in Land Loans for Waldorf Astoria in Miami and Boca Housing Project

John Jordan |

The two land loans in Miami and Boca Raton totaled $45.2 million. The Bethesda, MD-based Walker & Dunlop arranged a $33-million loan in connection with the development of the new Waldorf Astoria Hotel & Residences Miami at 300 Biscayne Blvd.

There Is a Lifestyle Revolution Happening in Hospitality

Kelsi Maree Borland |

The trend toward more experiential real estate properties has hit retail, office and multifamily, and now hospitality is being redefined.

News

‘America’s Southernmost Marina’ Trades for Nearly $40M

John Jordan |

The marina facility on 13.1 acres at 6000 Peninsular Ave., known as “America’s Southernmost Marina,” was sold by iStar Inc., which was represented in the deal by Avison Young principal George Vail.

News

Hood Park Project in Charlestown Secures BPDA Approval

John Jordan |

The approval ratchets up the Hood Park project being developed on approximately 20 acres to 1,735,800 square feet.

Expect L.A. Hotel RevPAR to Climb 3.2% in 2019

Kelsi Maree Borland |

Los Angeles hotels are in for another strong year of occupancy and rate gains, with revPAR expected to outpace the national rate.

News

JLL to Acquire HFF in $2 Billion Deal

John Jordan |

The two companies reported this morning the transaction has been unanimously approved by the boards of directors of both companies. Mark Gibson, CEO of HFF, will join JLL as CEO, Capital Markets,

News

Work Completed on World’s Tallest Wood Building

John Jordan |

Øystein Elgsaas, architect and partner at Voll Arkitekter, says The Mjösa Tower symbolizes environmentally friendly thinking in construction and offers proof that tall buildings can be built using wood.