Real Estate
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NewcrestImage Acquires 174-Room Hotel Zags in Downtown Portland
PORTLAND, Ore. — Dallas-based NewcrestImage has acquired The Hotel Zags, a 174-room boutique hotel in downtown Portland, from Pebblebrook Hotel Trust for $10 million. The transaction closed Oct. 8, and the property will be managed in-house by NewcrestImage. “This hotel…
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Hunter Advisors Closes 21 Hotel Transactions in Third Quarter
ATLANTA — Hunter Advisors closed 21 hotel transactions across 12 states during the third quarter of 2026, bringing its year-to-date total to 71 closings representing more than $900 million in transaction volume. The hospitality brokerage firm completed nine transactions in…
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Sonnenblick-Eichner Arranges $115M Loan to Refinance La Bahia Hotel & Spa
LOS ANGELES — Sonnenblick-Eichner Co. has arranged $115 million in first mortgage debt on behalf of Ensemble Investments LLC to refinance La Bahia Hotel & Spa, a 155-room waterfront hotel in Santa Cruz, Calif. The five-year, floating-rate, nonrecourse loan was…
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BITAC Owners Spring 2026: The Realities of Hotel Ownership Today
SCOTTSDALE, Ariz. — Hotel owners at the BITAC Owners Spring 2026 event weighed the realities of development, capital, brands, labor and technology during a Day 2 session that often returned to the same point: Hotel ownership still depends on disciplined…
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Diamondrock Hospitality Receives Nareit’s 2026 Leader In The Light Award
Diamondrock Hospitality Receives Nareit’s 2026 Leader In The Light Award DiamondRock Hospitality Company (the “Company”) announced today it is a recipient of the 2026 Leader in the Light Award from the National Association of Real Estate Investment Trusts (“Nareit”) in…
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Residence Inn by Marriott Walnut Creek Refinanced With $26 Million Loan
WALNUT CREEK, Calif. — Sonnenblick-Eichner Co. has arranged a $26 million first mortgage loan to refinance the Residence Inn by Marriott Walnut Creek in Walnut Creek, Calif. The non-recourse, fixed-rate loan has a five-year term and is interest-only for the…