Hotels

Meanwhile, retail and hospitality are also showing gains.

HotelAVE CEO has until Sept. 2024 to find buyer for San Francisco hotels.

There were 88 single asset sale transactions with an average sale price per room of $228,000.

But the potential distress is almost three times as the current distress.

Choice Hotels $7.8 billion offer for Wyndham gets rejected and a PIMCO JV hands the keys back on 20 hotels.

The sector is currently outperforming both the S&P 500 and Russell 2000 according to BTIG.

The revitalization is final phase of $550 million development at the historic San Diego landmark.

With high interest rates and a constrained debt market, C-PACE can help round out the capital stack on ground-up construction projects.