Peachtree Group has closed a $176.5 million CPACE loan for the renovation of the Rio Hotel & Casino in Las Vegas, marking one of the largest CPACE financings in the U.S.
Source: New feed
Access Point Financial has acquired $98 million in risk retention bonds as part of a $653 million refinancing of a 15-hotel portfolio owned by Atrium Holding Company.
Source: New feed
Soho House & Co Inc. has entered into a definitive agreement to be acquired by an investor group led by MCR, with shareholders receiving $9.00 per share in cash, valuing the company at approximately $2.7 billion.
Source: New feed
Indian Hotels Company Limited (IHCL) has announced an agreement to open 10 new Ginger hotels in southern India, adding more than 1,000 rooms through an operating lease arrangement.
Source: New feed
Braemar Hotels & Resorts Inc. has refinanced the mortgage loan for the Four Seasons Resort Scottsdale at Troon North, increasing the loan amount to $180 million.
Source: New feed
Scandic Hotels will convert the Scandic Grensen in Oslo into Norway’s first Scandic Go hotel, expected to open in the first half of 2026.
Source: New feed
HVS Brokerage & Advisory has announced the sale of a development parcel for a Holiday Inn Express & Suites in Bedford, Texas, to I & A Development & Construction.
Source: New feed
The two properties, The Barai Hua Hin and Narai Hotel, will be the first of this brand in the country.
Source: New feed
Marriott International has signed an agreement with Brigade Hotel Ventures Limited to develop six hotels across four Indian cities by 2030, adding 940 rooms under five of its brands.
Source: New feed
ModyÕs appointment expands PremierÕs Development team, and adds notable fundraising, equity and debt structuring, and adaptive reuse expertise to the firm.
Source: New feed