he transaction was priced at a cap rate in range with previous FCPT transactions. The portfolio includes six single tenant restaurant properties and one non-restaurant retail property (AT&T, BJ’s Brewhouse, Hook & Reel, IHOP, Krispy Kreme, Taco Bell, and an additional restaurant).
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Lodging Partners exclusively represented the Seller on this transaction. This sale is the 21st Hotel deal that Lodging Partners has been involved with in the Myrtle Beach market and the third hotel transaction arranged for the Seller.
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DSH Hotel Advisors announced that Dennis S. Hopper, CCIM, Managing Principal of the firm arranged the sale of the 77-room Sleep Inn by Choice Hotels, Wesley Chapel for $8,825,000 or $114,610 per room on June 29, 2022.
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Southeastern-based drive-thru coffee franchise, Ellianos Coffee, announced that it officially reached the 100-store milestone earlier this month when it welcomed its latest franchisee to the franchise 'family.'
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Callicoon Hills is a 65-key property across 23 acres that encompasses a main Boarding House with restaurant, bar, and coffee shop, a barn for large-scale events, pool, and two other newly modernized buildings with additional rooms.
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CHICAGO (July 8, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Park Hyatt Jakarta, marking the highly anticipated debut of the Park Hyatt brand in Indonesia. Located…
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Signed memorandums provide for the opening of Mövenpick Samarkand and Swissôtel Tashkent following the rebranding and renovation of the existing hotels, as well as the construction of the new Swissôtel Charvak hotel in Navobod village, Tashkent region.
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The two division are 'Economy, Midscale & Premium' and 'Luxury & Lifestyle'
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Sandals Resorts International (SRI) announced today that reservations for the Sandals Dunn's River Resort are now open for arrivals beginning May 24, 2023.
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The new resort will be the first adults-only all-inclusive property for the brand, which features 355 suites within 13 room categories, nine food & beverage locations, three swimming pools, two pickleball courts, a world-class St. Somewhere Spa, and the first LandShark Brewery in Mexico.
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