Real Estate
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HREC Arranges Sale of the Hampton Inn Cadillac in Michigan
HREC Investment Advisors has announced it has arranged the sale of the 111-guestroom Hampton Inn Cadillac located in Cadillac, Michigan. HREC Investment Advisors exclusively represented Kushman Hotels Group on this transaction. The marketing and negotiations were led by Scott Kaniewski…
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IHG Hotels & Resorts Debuts its First Vignette Collection Hotel in the Americas
Today, IHG Hotels & Resorts celebrates the debut of Vignette Collection in the Americas with the opening of Yours Truly DC. Vignette Collection, the newest brand in IHG’s fast-growing Luxury & Lifestyle portfolio, is a family of distinct luxury hotels connected by a shared vision…
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Virgin Hotels New York City Opens Doors to Guests, with an Official Grand Opening in Spring 2023
New York, NY – Virgin Hotels New York City has opened its doors to guests beginning February 2023, with an official grand opening in spring 2023. Located at 1227 Broadway, and taking up the entire block between 29th Street and…
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Twenty Four Seven Hotels Announces Grand Opening of 128-Room Hyatt House Sacramento/Midtown
SACRAMENTO, Calif. — Twenty Four Seven Hotels, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., announced the grand opening of the 128-room Hyatt House Sacramento/Midtown. The adaptive reuse project, owned and developed…
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HREC Arranges Sale of the TownePlace Suites by Marriott Charlotte-Arrowood
HREC Investment Advisors is pleased to announce it has arranged the sale of the 94-room Towne Place Suites by Marriott Arrowood-Charlotte located in Charlotte, North Carolina. HREC Investment Advisors exclusively represented 3H Group, Inc. on this transaction. Headquartered in Chattanooga,…
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Sale of Landmark Hotel on New York City’s East Side Closes
NEW YORK CITY – JLL’s Hotels & Hospitality Group announced today that it has closed the sale of 525 Lexington Ave., a 35-story, 655-key, full-service hotel in New York City’s Midtown East neighborhood. The parties have agreed to not disclose…