Hotels

New York City's hotel occupancy rate reached 86.6% in 2017 and is projected to hit 86.6% in 2018, far exceeding the national average of 61.6%.

The private equity company plans to reconfigure and renovate the 191-room hotel.

Campbell joined McCarthy in 2011 and has played a major role in building the preconstruction teams in Houston and Dallas.

The 44-story hotel will bring an additional 441 rooms and 3,000 square feet of retail to Hudson Yards.

Its latest price is an implied $37.80 per LaSalle common share. LaSalle agreed to be acquired by Blackstone for $33.50 per share.

South FL has been the standout market for investors, and most major markets, including Chicago and NYC, have seen boosts in performance.

The New York City-based hotel owner-operator is focused on secondary markets.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.