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
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
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.
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
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
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
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
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
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
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
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.
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