B&B HOTELS, has taken a further significant step toward fulfilling its ambitious growth plans in the United Kingdom with the takeover of five hotels at locations in Birmingham City Centre, Ipswich, Inverness, Warrington and Derby.
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Smith Hill Capital and Bain Capital Special Situations announced this week that their joint venture originated and executed a $72 million first mortgage loan to KSL Capital Partners to refinance Hotel Viking, located in Newport, Rhode Island.
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This fundraising targets businesses and funds interested in the luxury market, resorts, and regional revitalization through inbound tourism.
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Walker & Dunlop, Inc. announced yesterday that it arranged $148,000,000 in loan proceeds to refinance The Victoria, a multi tower, 30-story project built around Harlem’s Victoria Theater redevelopment.
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Anticipated to open on Ramhan Island, an exclusive waterfront destination in Abu Dhabi, the property will offer a secluded escape complete with expansive views across the azure waters of the Arabian Gulf.
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Xenia Hotels & Resorts, Inc. (NYSE: XHR) yesterday announced it has completed the disposition of the 107-room Lorien Hotel & Spa in Alexandria, VA, for $30 million, or approximately $280,000 per key.
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A summary of European hotel transactions provided by HVS
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This latest public consultation follows an earlier consultation in the spring which introduced WhitbreadÕs plans to comprehensively redevelop the site of the Norwich Nelson hotel, the Nelson Table Table restaurant, several commercial units, car parking spaces and surrounding land.
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The sale of the site once occupied by the Premier Inn Manchester Deansgate hotel was part of two site acquisitions with planning permission for purpose-built student accommodation (PBSA) by Student Roost.
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The JW Marriott at Reston Station is a 28-story glass and concrete high-rise adjacent to the Wiehle-Reston East station on Metro’s Silver Line.
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