Hotels

“Hyatt's departure presented a once-in-a-generation opportunity to diversify our customer community and welcome a modern array of companies across industries and sectors,” says Greg Tait, senior leasing director for Irvine Company Office Properties' Chicago portfolio.

The new dual-branded Hilton Garden Inn/Homewood Suites by Hilton Chicago Downtown South Loop hotel began construction in 2016 is slated to be completed this spring—mid-March-mid-April.

Atlas Hospitality and Fortuna Realty are building a luxury hotel on Water Street in Lower Manhattan.

The joint venture partners report that they have hired Spire Hospitality, AWH's full-service hospitality management company, as the manager of the three properties.

They will be located at Ballston Quarter, Centro Arlington, and The Boro in Tysons.

The deal for Liberty Station comprises six separate assets that feature a total of 20 buildings.

Private equity is writing some big checks this year for hotels, according to JLL's John Strauss.

Collin Barr, left, and Rick Collins, named regional presidents, are veterans of The Ryan Companies.