HNR Development Update Issue: April, 12 2023 | Read Online
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Weekly Development Update
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Hotel Transaction Louisiana
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The Cordish Companies announced today the agreement to acquire Diamond Jacks Casino & Hotel in Bossier City, Louisiana. Cordish intends to redevelop the property, which has been closed since March 2020. Read more
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Hotel Transaction Florida
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JLL represented the seller, Pebblebrook Hotel Trust and procured the buyer. In addition, JLL secured acquisition financing for the buyer. Read more
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Hotel Development Saudi Arabia
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The property will feature 110 guest rooms and suites, and 25 Rosewood Residences. Read more
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Hotel Transaction California
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Twenty-Two Room Oceanfront Inn to be Renamed SCP Mendocino Coast Lodge Read more
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Hotel Development California
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Jamul Indian Village Development Corporation Receives $515 Million Financiing Read more
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Hotel Development Los Angeles
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With a total of 727 guestrooms, the two Yabu Pushelberg-designed hotels include the first Moxy property in Los Angeles and feature 12 dining and entertainment Read more
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When I first started out in hotel brokerage back in the late 1980s, the market was unsophisticated and had not adopted the fiduciary focus that was required to establish trust. Consequently, the term hotel 'broker' had mostly a negative perception. In this article, I would like to distinguish the difference between the negative connotation of 'broker' from the role of a trusted advisor. Read more
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Hotel Development Florida
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Offering a collection o f92 ultra-luxury, waterfront condominium homes and villas, just two miles from both Boca Raton and Pompano Beach, the development will provide owners with access to the region's beaches, golf courses, and unspoiled natural surroundings. Read more
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The property, built in 2015, was purchased by BH Hospitality Management, based in San Antonio, Texas, from Newstream Capital Partners, based in Roanoke, Texas. Read more
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Hotel Development Orlando
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Hotel unveils revitalization plans with the comprehensive transformation expected to debut in December 2023 Read more
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Hotels For Sale Australia
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Australia’s first and only beyond carbon neutral island listed for sale Read more
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Hotel Development Florida
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An icon for nearly 100 years, The Vinoy Resort and Golf Club, Autograph Collection has completed the initial phase of a comprehensive renovation led by world-renowned architecture and design firm Rockwell Group with Hart Howerton as architect of record. Read more
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Hotel Development Dominican Republic
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The Ocean Front La Quinta Pedernales - Cabo Rojo is signed and approved and is expected to begin construction during the Fall of 2023 and open in the Summer of 2025. Read more
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Hotel Transactions Europe
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A summary of European hotel transactions provided by HVS Read more
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HVS Brokerage & Advisory, in cooperation with Jennifer Stein Real Estate Inc., as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the Baymont by Wyndham Texarkana, a limited-service hotel asset in Texarkana, Arkansas. Read more
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Hotel Transaction Houston
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The property, built in 2000, was purchased by Samay Resort, based in Middletown, New York, from Jala Shiv, based in Houston, Texas. Read more
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Hotel Transaction Rhode Island
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Procaccianti Companies today announced the acquisition of the Newport Beach Hotel & Suites. Read more
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Hotel Transaction New York State
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The property, built in 1988, was purchased by Empire Hotels, based in Minneapolis, Minnesota, from Maid of the Mist, based in Niagara Falls, New York. Read more
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