Financing
La Quinta Newswire
Blackstone Group’s La Quinta files for IPO   12 Mar, 2014

La Quinta Holdings, backed by Blackstone Group, has decided to make an initial public offering of its common stock.More>>

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Louisville, Omni Hotels team on downtown convention center project   7 Mar, 2014

Horses and good bourbon may be the first things that come to mind when thinking of Louisville, Ky. But the hotel industry has taken a shine to the Derby City of late, and it's now set to develop one of the more ambitious projects in the U.S.More>>

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Credit Suisse re-enters CMBS market with hotel deal    19 Feb, 2014

Credit Suisse has re-entered the new-issue CMBS market for the first time since shedding its commercial real estate loan origination business in 2011, reports IFR. The bank is pre-marketing the $186.8m CSMC 2014-SURF transaction.More>>

Newswire
The effect of new hotel supply on construction   19 Feb, 2014

Availability of public financing is likely to help increase the number of new construction projects in the coming year.More>>

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Inland American finances Hotel Monaco deal via BofA loan   7 Feb, 2014

In November we learned that Inland American Real Estate Trust acquired the 191-room Hotel Monaco in Chicago. Now we've learned how they financed the $53-million purchase. More>>

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Johnson Capital arranges debt deal for Long Island City Wyndham   6 Feb, 2014

Johnson Capital, a national real estate investment company, has arranged $16 million in financing for the 128-room Wyndham Garden Hotel in Long Island City, Queens. The seven-story hotel opened in May 2012.More>>

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Four Points hotel proposed for Oak Creek development in Milwaukee   6 Feb, 2014

A 108-room Four Points by Sheraton is being proposed for Oak Creek's Drexel Town Square development in Milwaukee, Wis. Chicago-based Salita Development plans to begin construction on the four-story hotel this spring pending city approval. More>>

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GE Capital makes investment in Canada's Bayview Hospitality   4 Feb, 2014

GE Capital's Canadian Franchise Finance has provided senior debt to Toronto-based Bayview Hospitality Group to be used to refinance existing debt and allow operating partners to buy out the investor shareholders of four properties: three Homewood Suites and one Hampton Inn & Suites in the greater...More>>

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HREC arranges sale of Dallas' DoubleTree Market Center   28 Jan, 2014

Axle Capital Group and a partner acquired the property. The seller, Rolf Tweeten, principal with Alliance Hospitality Management in Raleigh, N.C., will continue to manage the property.More>>

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PMZ Realty Capital arranges $20M mortgage for Atlanta's Glenn Hotel   28 Jan, 2014

PMZ Realty Capital LLC arranged a $20,000,000 mortgage for The Glenn Hotel in Atlanta. As part of the Marriott Autograph Collection, The Glenn Hotel has 110 rooms.More>>




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