The limited-service property, built in 2013, was purchased by PRISHA Hotels LLC, based in Beaumont, Texas, from Quest Hospitality LLC, based in Houston.
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Marriott Failed to Meet the Termination Threshold of 80% of Owner’s Priority Return through August – Failure to Pay the Shortfall Will Trigger SVC Termination Rights
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The six portfolios consist of 22,676 rooms across 197 hotel properties.
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The property is located in Florida and is occupied under a triple-net lease with five years of term and annual rent increases of 1.5%.
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MONCTON, New Brunswick (September 24, 2020) – Hyatt Place Moncton-Downtown, the first Hyatt Place branded hotel in Atlantic Canada is officially open, expanding the Hyatt Place brand’s…
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Guided by its purpose of care and commitment to listening to guests and members, Hyatt recently launched the Work From Hyatt extended-stay package that gives families, couples and individuals a…
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SHANGHAI / HONG KONG (September 24, 2020) – Hyatt and Sun Hung Kai Properties Limited (HKSE: 0016.HK) today announced plans for a new Andaz hotel – Andaz Shanghai ITC – to be located in…
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The property is located in a strong retail corridor in Illinois and is occupied under a triple-net lease with the corporate operator.
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Four Seasons Resort Tamarindo will be set on more than 800 hectares (2,000 acres) of lush landscape in the State of Jalisco.
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Mr. Denton is President of Denton Realty Company and serves as the principal advisor to the firm's clients. His real estate practice includes traditional brokerage as well as consulting for investors, developers, and lenders on matters such as underwriting, franchising, complex deal structuring, and distressed asset resolutions. Denton Realty Company is licensed in Virginia and North Carolina. Mr. Denton will chair HBI’s newly formed Distressed Assets Task Force.
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