Purchasing & Design West
Oct. 21, 2018
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Deals & Partnerships
Mumford Company Completes Sale Of Hampton Inn Richmond-West
NEWPORT NEWS, VA—Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced today it completed the sale of the Hampton ...
RLH Corporation Closes Sale Of Red Lion Hotel Port Angeles For $19.6 Million
DENVER--RLH Corporation (NYSE:RLH) announced today the sale of Red Lion Hotel Port Angeles, for $19.5 million. The hotel is the eighth ...
AccorHotels And sbe Entertainment Group Announce Strategic Partnership
AccorHotels and sbe Entertainment Group ("sbe") have signed a Letter of Intent and entered into exclusive negotiations for AccorHotels to acquire ...
Apple Hospitality REIT Acquires Hampton Inn & Suites By Hilton Atlanta Perimeter Dunwoody
RICHMOND, VA--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it acquired the 132-room Hampton Inn ...
Marriott International Purchases 1,000-Room Sheraton Grand Phoenix For $255 Million
Marriott International (NASDAQ: MAR) today announced that it has purchased the 1,000-room Sheraton Grand Phoenix hotel for $255 million. Marriott has ...
TLG Investment Partners, Concord Wilshire Announce Acquisition Of Sheraton Grand Hotel In Phoenix
FORT LAUDERDALE, FL—TLG Investment Partners and Concord Wilshire Capital, LLC announced today the acquisition of the Sheraton Grand Hotel located in ...
Aries Conlon Capital Closes $9.4M In Financing For Limited-Service Hotels In Goergia & Idaho
CHICAGO–-Aries Conlon Capital is pleased to announce that the boutique commercial real estate mortgage and investment banking firm has closed on ...
Midas Capital Makes First Acquisition With New Fund
ST. LOUIS--Midas Capital, an investment company specializing in hotel acquisition and development, recently acquired its first property only four months after ...
AJ Capital Partners Acquires Hotel President In Palo Alto, CA
AJ Capital Partners announces today that it has acquired the President Hotel Apartments, formerly Hotel President, in Palo Alto, California. The ...
MCR Closes $300 Million Hospitality Fund
NEW YORK--MCR, the seventh largest hotel owner-operator in the United States, today announced the successful closing of its fund, MCR Hospitality ...
MCR Acquires An All-Star Hotel Lineup At The University Of Illinois
NEW YORK--Pop the Champaign! MCR, the seventh largest hotel owner-operator in the United States, has acquired three Hilton-branded hotels in Champaign, ...
HFF Announces Sale Of Two-Property Select-Service Hotel Portfolio Near Las Vegas
LAS VEGAS––Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a two-property select-service hotel portfolio totaling 228 rooms in the affluent ...