Hotels

“The supply is coming quickly,” says Brian Shirken of Columbus Pacific Properties, a developer in pre-development on its second project in the market.

HFF placed the 75% loan-to-cost floating-rate bridge loan.

The former Salvation Army building in Manhattan's Chinatown, which was converted into a trendy hotel, has been refinanced following its renovations.

The financing deal was announced by Holliday Fenoglio Fowler, L.P., which arranged a fixed-rate loan for the development of the Home2 Suites Sarasota and a floating-rate loan for the development of the Home2 Suites Largo.

Like other asset classes, hotels need to transform into experiential lifestyle spaces to stay competitive with the wide range of lodging options available today.

The Miami-based investor buys a San Diego hotel after years of trying to break into the California market.

Virtua Partners opportunity zone fund breaks ground on a Marriott hotel in a suburb of Phoenix.

The site will offer multifamily, hotel, and in-line restaurant and retail use, in addition to a marketplace and public park.