The properties are located in strong retail corridors in Illinois and are under individual long-term, triple net leases each with approximately nine years of term remaining.
Source: New feed
VICI Properties Inc. to Provide $350 Million Mezzanine Financing For3,700 Room Fontainebleau Las Vegas
Fontainebleau Las Vegas spans 25 acres and nine million square feet in a coveted location on the northern end of the Las Vegas Strip directly adjacent to the Las Vegas Convention Center, and will feature approximately 3,700 luxury hotel rooms.
Source: New feed
Black Rock Mountain Resort in Utah Closes $48M in CPACE Financing
D.A. Davidson’s Special District Group has closed $48 million in Commercial Property Assessed Clean Energy (CPACE) financing for Black Rock Mountain Resort in Wasatch County, Utah.
Source: New feed
Hyatt Continues to Expand Luxury Portfolio with Plans for Hotel Flüela in Switzerland
CHICAGO (December 23, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with Davos Luxury Properties AG for Hotel Flüela….
Source: New feed
DoubleTree by Hilton Hotel in St. Augustine, Florida Sold
The RADCO Companies (RADCO) has acquired DoubleTree by Hilton in St. Augustine, Florida, a 97-key hotel located in the heart of the Historic District and just minutes from the area's most popular beaches.
Source: New feed
Four Seasons Golf & Sports Club in Las Colinas, Texas Sold
The adjacent Las Colinas Resort (formerly the Four Seasons Resort Dallas at Las Colinas), a 431-key luxury hotel, was recently acquired by a joint venture between Partners Group and funds managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments.
Source: New feed
Pearl Hotel in Rosemary Beach, Florida Sold
The St. Joe Company Announces Recent Commercial and Hospitality Transactions
Source: New feed
127 Room Element 29 Hotel in Copper Mountain, CO Sold
Built in 2021, the Element 29 Hotel offers 127 rooms and is the first hotel developed at the base of Copper Mountain.
Source: New feed
Jack in the Box Signs Franchise Agreement with Operating Group for 37 New Locations
Restaurant Industry Veterans Sign with QSR Brand for Existing Units and New Unit Development Throughout Nashville, Baton Rouge and the Carolinas
Source: New feed
14th Century Castle in the Netherlands to Open 2024 As Part of Hilton's Curio Collection
Hilton (NYSE: HLT) has today announced its first Dutch Curio Collection by Hilton hotel as part of a franchise agreement with Castle estate owner Bas van de Laar. Kasteel Gemert Eindhoven, Curio Collection by Hilton, will be located in the town of Gemert, a short drive from Eindhoven city centre, and is expected to welcome guests in 2024.
Source: New feed