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Mexican REIT FibraHotel acquires Sheraton property, expands Starwood relationship   18 Nov, 2014

FibraHotel, a real estate investment trust specialized in urban business-class hotels in Mexico, has acquired the Sheraton Ambassador Monterrey, adding 229 rooms to FibraHotel's portfolio. The transaction will represent a total investment of $13.5 million by FibraHotel, including a renovation over...More>>

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NorthStar Realty closes on $1.1-billion hotel portfolio   18 Nov, 2014

NorthStar Realty Finance Corp. has closed its acquisition of a $1.1-billion hotel portfolio from Inland American Real Estate Trust. NorthStar Realty now owns a $3-billion hotel portfolio comprised of 155 upscale extended-stay and select-service hotels with 20,250 rooms. More>>

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Strategic jumps back in with Four Seasons Scottsdale buy   18 Nov, 2014

Strategic Hotels & Resorts has been rather quiet of late, but the Chicago-based REIT today announced it has made a luxury acquisition—The Four Seasons Resort Scottsdale at Troon North, for $140.0 million. The deal is valued at $666,000 per key for the 210-room luxury hotel. More>>

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The Sheraton Arlington has a new owner    17 Nov, 2014

Urbana Varro, a national commercial real estate investment, development, and management firm, said it has acquired the 311-room Sheraton Arlington in Texas. A purchase price was not disclosed. The hotel is adjacent to the Arlington Convention Center and within walking distance to AT&T Stadium, home...More>>

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Danish PE group acquires Copenhagen Marriott    17 Nov, 2014

Danish private equity firm Solstra has acquired the Copenhagen Marriott for many believe to be around $117 million. Solstra is a majority stakeholder in the Bella Centre, which features the hotels Bella Sky and Crowne Plaza among other properties.More>>

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DiamondRock sells L.A. airport Marriott for $160M   17 Nov, 2014

DiamondRock Hospitality Company has entered into a purchase and sale agreement to sell the 1,004-room Los Angeles Airport Marriott. This transaction is the result of a reverse inquiry from the same buyer who purchased the Torrance Marriott from the Company in late 2013. More>>

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Infrared Capital sells NH Hotel, part of mega-deal in Cologne, Germany   14 Nov, 2014

Infrared Capital Partners has sold the 217-room NH Hotel, in Cologne, Germany, to Internos Hotel Real Estate Fund for a reported $36 million. The sale is part of a deal, which also saw Infrared sells the Cologne Tower office building to Canadian REIT Dream Global for around $137 million.More>>

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Poland's Orbis approves $176M Accor hotel buy   14 Nov, 2014

Reuters reports that the supervisory board of Polish hotel group, Orbis, has approved the purchase of 46 hotels in central Europe for $176.5 million from Orbis' French owner Accor. Currently, the Polish group runs 68 hotels in 32 cities in Poland, Lithuania and Latvia.More>>

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How the U.S. government could muck up the Waldorf Astoria deal   14 Nov, 2014

The sale of the Waldorf Astoria by Hilton Worldwide Holdings in October to China's Anbang Insurance Group for $1.95 billion has dominated the headlines for weeks now, not only for the hefty price tag (it's the most ever paid for a single property), but for who the buyer is. Namely, a company based...More>>

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Pebblebrook acquires Westin Coral Gables for close to $60M   13 Nov, 2014

Pebblebrook Hotel Trust has acquired The Westin Colonnade Coral Gables, in Miami, for $59.4 million. The 157-room upper-upscale hotel is located on what is known as Miracle Mile. The hotel will continue to be operated by Davidson Hotels and Resorts.More>>




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