Ownership
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Wayside Investment Group to Acquire 2 Extended Stay America Suites Properties in Dallas
Wayside Investment Group has reached an agreement to purchase two Extended Stay America Suites properties in Dallas – the 118-unit hotel on Frankford Road and the 150-unit hotel on Carnaby Street in Irving – the company announced on Tuesday. The…
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Equinox Hospitality Acquires Four Points by Sheraton in Marin County, CA
SAN FRANCISCO – Equinox Hospitality, a hotel investment, management, acquisition, and development company, has acquired the Four Points by Sheraton San Rafael Marin County for $38 million. This acquisition marks Equinox’s fifth addition to its hotel portfolio in the past…
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District Hospitality Partners Acquires Westin Annapolis
District Hospitality Partners, a privately held hospitality investment group that owns properties nationwide, announced Thursday the acquisition of the Westin Annapolis. Located in historic downtown Annapolis, the 225-room property provides guests convenient access to popular attractions, including the United States Naval Academy, Navy-Marine…
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Hunter Hotel Advisors Arranges Sale of Holiday Inn Charleston-Riverview
Hunter Hotel Advisors announced Tuesday the sale of the Holiday Inn Charleston-Riverview in Charleston, South Carolina. A partnership led by Rick Patton, Principal of Rio Partners, purchased the riverfront property from Charlotte-based Park Place Hospitality Group for an undisclosed price…
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HREC Arranges Sale of the Hampton Inn & Suites Jekyll Island
HREC Investment Advisors announced Tuesday it has arranged the sale of the 138-guestroom Hampton Inn & Suites Jekyll Island located on over 5 acres of beachfront land along the Atlantic Ocean on Jekyll Island, Georgia. The property was acquired by…
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Black Swan Acquires Lyric Hospitality to Expand Luxury Rental Reach
Black Swan Holdings LLC, has acquired the Lyric brand, according to a press release. The move was made to complement the real estate strategy of its asset manager, Black Swan Asset Management LLC, which launched earlier this year and raises…