Investment
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Sage Hospitality acquires Minneapolis-area Marriott   3 Jul, 2014

Sage Hospitality has acquired the Marriott Minneapolis Southwest in Minnetonka, Minn. Sage intends to invest more than $10 million into staffing and a full renovation of all public spaces and guestrooms in the 321-room hotel. Terms of the deal were not disclosed. More>>

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Value Place obtains $34M refi loan   3 Jul, 2014

Value Place announced that U.S. Bank has provided the company with a new $34-million five-year term loan to refinance a group of its corporate-owned hotels. The 10 properties are located in Wichita, Kan.; Oklahoma City, Ok.; Del City, Ok.; Fayetteville, N.C.; Lubbock, Texas; Brownsville, Texas; and...More>>

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The ins and outs of the investor-lender relationship   3 Jul, 2014

Given today’s strengthening economic environment and attractive operating fundamental trends, investors seeking premium yields are increasingly taking risks through value-added investments. Here's a look at how the investor and lender can best work together. More>>

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Langham launches China-facing brand, revamps Eaton brand   2 Jul, 2014

Langham Hospitality Group is on track to launch a new China hotel brand come September. More>>

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Paramount Lodging Advisors arranges sale of TownePlace Suites Silicon Valley    2 Jul, 2014

Paramount Lodging Advisors has announced the sale of MN Newark's interest in the TownePlace Suites by Marriott in Newark, Calif., to Moody National REIT 1. The hotel was sold for $11.4 million.More>>

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Las Vegas: Quad hotel changing to the Linq after $223M redo    2 Jul, 2014

The Linq, Las Vegas' newish shopping, dining and night life center, will now get a namesake hotel and casino, owner Caesars Entertainment announced. The company is transforming the current Quad Resort & Casino into what will be the Linq Hotel & Casino starting October 30. More>>

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Delaware group buys Hilton Knoxville for $25 million   2 Jul, 2014

The Hilton Knoxville has a new owner: The Buccini/Pollin Group, a development and management company based out of Delaware, finalized the purchase of the 317-room downtown hotel last week for just over $25 million.More>>

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London hotel on sale for $343 million   1 Jul, 2014

The owners of a 400-room London hotel, currently being called the Hotel Debutesq, have put the property up for sale for around $343 million. Alex Hayward of Debutesq Group, said, "Although the hotel has seen substantial investment over the past two or three years and is enjoying strong occupancy...More>>

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Union Investment buys Radisson Blu in Amsterdam    1 Jul, 2014

Union Investment has acquired the Radisson Blu Amsterdam. The 252-room hotel opened in 1990 and is fully leased to Carlson Rezidor Group, with 22 years remaining on the lease. The property will be added to the portfolio of the UniInstitutional European Real Estate fund.More>>

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SpringHill Suites near Miami airport acquired for $25.6M   1 Jul, 2014

The SpringHill Suites Marriott near Miami International Airport was acquired by Delaware-based company NF II Miami South, an affiliate of Georgia-based Noble Investment Group, for $25.6 million.More>>




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