Franchisor to Make First Acquisition on Closing of Initial Public Offering
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Crystal Investment Property, LLC, a licensed Oregon broker, represented the Seller and Buyer in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential.
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MGM Resorts International (NYSE: MGM) and MGM Growth Properties LLC (NYSE: MGP) announced today that they have entered into a definitive agreement whereby a subsidiary of MGP will purchase the long-term leasehold interest and real property improvements associated with the MGM National Harbor casino resort.
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In a new master development partnership with Ali Shahid Butt and his partners at AR Pizza, LLC, Pie Five will open its first international location in Pakistan in 2018, with up to 40 more locations over the next seven years.
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The hotel will be located in Piazza della Repubblica and housed in the historic former headquarters of the Ras Insurance Company, now owned by Allianz Italia.
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Located along the waters of the Athenian Riviera, Four Seasons Astir Palace Hotel Athens to open following extensive renovations to existing property
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Condor Hospitality Trust, Inc. (NYSE American: CDOR) today announced the closing on the sale of a legacy hotel asset, the 81-room Quality Inn Morgantown located at 225 Comfort Inn Dr., Morgantown, WV 26508 for $2.6 million.
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CHICAGO (September 5, 2017) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Regency Lucknow, the first Hyatt-branded hotel in Lucknow, capital of the northern state of…

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Having already established three successful restaurants in New York City, Barilla is announcing today an expansion into the Southland that will begin early fall with two new fast casual restaurants. One on the campus of the University of Southern California at USC Village and another at the upscale South Coast Plaza in Orange County.
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The 106 guest-room hotel located near Addis Ababa Bole International Airport will feature a range of dining options including an all-day dining restaurant, a lobby lounge and a grab and go outlet. The hotel will also offer a multi-purpose hall, meeting rooms, a business centre and a fitness centre.
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