News:
Brokerage
Posted: May 27, 2014
HVSCC arranges sale of 200-room Ramada Plaza Riverside Hotel in WY
HVS Capital Corp (HVSCC) arranged the sale of the 200-room Ramada Plaza Riverside Hotel, exclusively representing the lender/owner in the transaction.
The recently renovated hotel is located along the North Platt River. In addition to its 200 guestrooms, the property also offers two restaurants, an indoor pool, and 9,300 s/f of meeting space.
Bill Sipple, executive managing director of HVSCC said, "The hotel was purchased by an active regional owner/operator who will be able to capitalize on the several existing local relationships it has, expanding the demand base available to the property, going forward." He added, "Given the bright future of the oil shale industry in the Casper area, the hotel is anticipated to benefit greatly from the region's growth."
Tags:
Brokerage
MORE FROM Brokerage
SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds
Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail corridors, with SoHo emerging as the nation’s most active trophy retail market,
Quick Hits
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
