The property is located in a strong retail corridor in New York and is corporate-operated under a long-term, triple net ground lease with 8 years of term remaining.
Source: New feed
Month: December 2021
MCR Acquires 117 Room Stoweflake Mountain Resort & Spa in Stowe, Vermont
The resort features a 50,000-square-foot spa, two pools, an outdoor jacuzzi, a nine-hole golf course and 32 townhomes.
Source: New feed
Clean Juice Adds New States, New Franchise Partners
Clean Juice announced today the addition of five new Franchise Partners in five new states, accelerating its goal of opening a Clean Juice in all fifty U.S. states. This latest wave of first-time Franchise Partners hails from Connecticut, West Virginia, Kentucky, Montana, and Washington.
Source: New feed
New Hotel Development Coming to the Island of Koh Samui, Thailand
Ethos Asset Management Inc., USA Announces Deal for a New Development on the Island of Koh Samui, Thailand with Villa and Resort Developer, Anamaya Samui
Source: New feed
W Macau – Studio City Hotel to Open December 2022
Marriott International, Inc. yesterday announced that it has signed an agreement with Melco Resorts & Entertainment to bring the W Hotels Worldwide brand to Macau with the scheduled December 2022 opening of the W Macau – Studio City Hotel.
Source: New feed
Second Hotel Indigo Property in Saudi Arabia Annunced for 2026
IHG Hotels & Resorts has announced the signing of a Management Agreement with Dallah Real Estate Company for a Hotel Indigo Resort in Durrat Al Arus, Jeddah.
Source: New feed
FCPT Announces Sale Leaseback of an Olive Garden Property for $4.2 Million
The property is located in a dense retail corridor in Pennsylvania and is under a triple-net lease with ten years of term remaining.
Source: New feed
Trinity Investments Acquires Fifty Percent Interest in Omni San Diego Hotel
An investment fund managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC , today announced the acquisition of a 50 percent interest in Omni San Diego Hotel from JMI Realty, who originally developed the hotel in conjunction with Petco Park in 2004.
Source: New feed
MCR Development Acquires a Portfolio of 6 Marriott and Hilton Hotels Across Texas and New Mexico
Totaling 603 rooms, the acquisition includes two Marriott hotels (a TownePlace Suites and a Fairfield Inn & Suites) and four Hilton hotels (two Hamptons, a Home2 Suites and a Tru). All were built in the last four years and nearly 40% of the portfolio (by room count) is specifically an extended stay, all-suite product designed to cater to longer-term guests.
Source: New feed
Cambria Hotel Niagara Falls Breaks Ground
Cambria Hotels by Choice Hotels International, Inc. (NYSE: CHH) announced the official start of construction on the Cambria Hotel Niagara Falls. The 120-room hotel is expected to open in the Spring of 2023.
Source: New feed