Category: Hospitality

TAYLOR receives contract for construction of 37,000 s/f Comfort Inn & Suites

TAYLOR receives contract for construction of 37,000 s/f Comfort Inn & Suites

June 4, 2026
Ithaca, NY TAYLOR, a regional commercial general contractor, was awarded the contract for a Comfort Inn and Suites. TAYLOR is teaming with local hoteliers, Ahir & Company, LLC, and Choice Hotels for construction of the three-story, 37,000 s/f, 67-room hotel
Cronheim Hotel Capital secures $50.4 million for two properties on Amelia Island

Cronheim Hotel Capital secures $50.4 million for two properties on Amelia Island

May 28, 2026
Fernandina Beach, FL Cronheim Hotel Capital (CHC) has secured a $29.9 million loan for the refinance and conversion of the Ocean Coast Hotel to a Holiday Inn Resort, as
Cronheim Hotel Capital secures $25.5 million for acquisition of DoubleTree Syracuse

Cronheim Hotel Capital secures $25.5 million for acquisition of DoubleTree Syracuse

May 12, 2026
Syracuse, NY Cronheim Hotel Capital (CHC) has secured $25.5 million for the acquisition of the DoubleTree Hotel. As one of the leading group and meeting hotels in the region, it also benefits from Micron Technologies planned $100 billion semiconductor campus under construction a few miles from the property.
Access Point makes investment in 38-hotel portfolio and value-add conversion initiative

Access Point makes investment in 38-hotel portfolio and value-add conversion initiative

May 12, 2026
New York, NY Access Point, an Atlanta-based company, has made a new investment supporting the acquisition and rebranding of a 38-hotel portfolio. The strategy is focused on converting the assets to Studio 6 properties and
Cronheim Hotel Capital secures $19.954 million for construction of Hampton Inn Kennesaw, GA

Cronheim Hotel Capital secures $19.954 million for construction of Hampton Inn Kennesaw, GA

May 8, 2026
Kennesaw, GA Cronheim Hotel Capital (CHC) has secured $15.954 million in construction financing for the development of a Hampton Inn Atlanta NW/Kennesaw Town Center. The financing provides up to 70% of
Marcus & Millichap brokers hospitality asset sale in suburban Syracuse

Marcus & Millichap brokers hospitality asset sale in suburban Syracuse

May 6, 2026
East Syracuse, NY Marcus & Millichap brokered the sale of the DoubleTree Syracuse, a 250-room hotel in the Carrier Circle area. “With over 17,000 s/f of meeting space, including the two largest
Pernsteiner joins Empire & Co. as director of hospitality

Pernsteiner joins Empire & Co. as director of hospitality

April 28, 2026
Manhattan, NY Empire & Co. welcomes Hayley Pernsteiner as director of hospitality to spearhead the brand’s newly established hospitality-focused division. With over 10 years of
Midas Hospitality and ACRES  debut The Livingston by Hyatt

Midas Hospitality and ACRES debut The Livingston by Hyatt

April 14, 2026
Brooklyn, NY The first Hyatt-branded hotel in Brooklyn has now debuted, adding a modern hideaway to the city’s cultural district. St. Louis-based Midas Hospitality and its partner ACRES Capital
Cronheim Hotel Capital secures $17 million for acquisition of Home2 Suites in Lake Mary

Cronheim Hotel Capital secures $17 million for acquisition of Home2 Suites in Lake Mary

April 9, 2026
Lake Mary, FL Cronheim Hotel Capital (CHC) has secured a $17 million permanent loan for the acquisition of the Home2 Suites in. The five-year fixed-rate loan is
Phillips of Largo Real Estate Advisors arranges $6 million mortgage for refinance and renovation of Wingate by Wyndham property

Phillips of Largo Real Estate Advisors arranges $6 million mortgage for refinance and renovation of ...

April 2, 2026
Ellicottville, NY Jack Phillips of Largo Real Estate Advisors arranged a $6 million permanent first mortgage for the refinance and renovation of the Wingate by Wyndham property located in the town’s ski
Stiles and partners close $45 million acquisition of 93 acres at World Commerce Center in St. Johns County

Stiles and partners close $45 million acquisition of 93 acres at World Commerce Center in St. Johns ...

March 30, 2026
St. Augustine, FL A partnership consisting of Stiles, Cantrell & Morgan and FCA Partners has acquired 93.1 net developable acres across six parcels at World Commerce Center in St.
Cronheim Hotel Capital secures $17.6 million for refinance of Fairfield Inn & Suites Center City Philadelphia

Cronheim Hotel Capital secures $17.6 million for refinance of Fairfield Inn & Suites Center City Phi...

March 30, 2026
Philadelphia, PA Cronheim Hotel Capital (CHC) has secured $17.6 million from a regional bank for the refinance of the Fairfield Inn & Suites in Center City Philadelphia. The accretive