Ownership
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Equinox Hospitality Continues Growth Strategy With The Acquisition Of Four Sonesta Hotels In Texas
SAN FRANCISCO—Equinox Hospitality, a premier hotel investment, management, acquisition, and development company, has acquired four properties in Texas from Sonesta International Hotels Corporation, one of the fastest-growing hospitality companies in the world. Equinox Hotel Management, a subsidiary of Equinox Hospitality,…
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Spire Hospitality Adds The Grove Resort & Water Park In Orlando, FL
IRVING, TX —Spire Hospitality, a nationally recognized third-party hotel management company, has assumed management of the resort operations for The Grove Resort & Water Park, an upscale family resort located on 106 acres near Orlando, FL. The Grove Resort &…
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Hawkeye Hotels And JR Hospitality Debuts Home2 Suites/Tru By Hilton In Minneapolis
MINNEAPOLIS—Hawkeye Hotels and JR Hospitality are excited to announce the grand opening of Home 2 Suites/Tru by Hilton in Minneapolis. Originally constructed in 1906, the 203-room hotel offers incredible views of the Twin Cities’ magnificent architecture. Located at 317 2nd…
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Highline Hospitality Partners Announces Acquisition Of DoubleTree By Hilton Hotel Portland And Tru By Hilton Portland Airport Area
BIRMINGHAM, AL–Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has acquired the DoubleTree by Hilton Hotel Portland and Tru by Hilton Portland Airport Area in a strategic partnership with ADËLON Capital, a real…
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PMZ Realty Capital Arranges Financing Beachview Club Hotel
NEW YORK–PMZ Realty Capital LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, announced today that it secured a $30M in debt and equity for the Beachview Club Hotel, a Tapestry…
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White Lodging Progresses On $750M In New Developments
White Lodging closed on the sale of the company’s five remaining suburban hotels. This follows shortly after the company announced a sale of 25 suburban management projects earlier this year, and the final step in a multi-year strategy to exit…
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Pixiu Real Estate And Woodbine Acquire The Driskill From Hyatt
AUSTIN, TX—Pixiu Real Estate, Woodbine Development Corporation and a collective of Austin-based investors have acquired the capital city’s first and most iconic hotel, The Driskill, from Hyatt Hotels & Resorts. Woodbine Development Corporation is the Dallas-based real estate investment firm…
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Modus Hotel By PM Hotel Group Grows Footprint With Washington DC’s Normandy Hotel
CHEVY CHASE, MD–Modus Hotels by PM Hotel Group, the award-winning lifestyle division of PM Hotel Group, has been selected to manage the Normandy Hotel. Located in Washington, D.C.’s sophisticated Kalorama neighborhood, the hotel is situated in an architecturally wondrous area,…
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Mohr Capital Acquires 350-room Doubletree Austin
AUSTIN, TX–Mohr Capital, a Dallas-based privately held real estate investment firm, acquired the 350-room DoubleTree by Hilton Austin at 6505 N. Interstate 35 in Austin, Texas, for an undisclosed amount. The acquisition marks Mohr Capital’s first hospitality investment. The six-story…
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Certares Acquires DoubleTree Suites Hotel Doheny Beach And Hilton San Antonio Hill Country In Partnership With HRI Hospitality
NEW ORLEANS–Affiliates of Certares Real Estate Management LLC (Certares) and HRI Hospitality, LLC (HRIH) will add two properties to their portfolio: the DoubleTree Suites by Hilton Hotel Doheny Beach in Dana Point, California, and the Hilton San Antonio Hill Country…