Keyword: Brookfield Property Partners
The hotel went on the market in late January and sold for an undisclosed price, rumored to be around $200 million.
The companies are combining energy-management products with in-room entertainment systems, making guestrooms more connected.
Real-estate developments are driving demand in New York. Will there be enough hotels to accommodate?
The financing for the project in New York City's Hudson Yards neighborhood was raised on behalf of Marx Development Group.
Despite the uptick in sales, the question remains: Is 2018 the year to buy or sell? Look to your market for the answer.
Canada-based Brookfield aims to sell the 419-room Pullman Melbourne on the Park Hotel for approximately $200 million.
Provenance Land owns the Four Seasons Hotel Mumbai.
The new owner plans to reposition and transform the hotel as part of a major development at the city’s Allen Center, which is currently underway.