Brett Morganti, CCIM, serves as the Managing Broker of the Hospitality Division for Ascent Real Estate and the firm’s primary contact for hospitality advisory services. Mr. Morganti’s business career spans more than 20 years and he and his colleague, Dan Emert, Broker Associate, specialize in business sales and cash-flow properties with a particular focus on hospitality properties.
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EVEN Hotel Auckland is scheduled to open in 2020 and is the first of the brand to be signed outside of North America. It is also the first in Pro-Invest Group’s portfolio of 10-15 EVEN Hotels across the capital cities and economic hubs in Australia and New Zealand, in partnership with IHG.
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Davidson Hotels & Resorts announces the transition in ownership of the Iowa City Sheraton, a property formerly owned by RockBridge and managed by Davidson for nearly 10 years. AJ Capital Partners, a Chicago-based private equity firm, has acquired the property while retaining Davidson Hotels & Resorts as the management company.
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Officials of The Buccini/Pollin Group today announced that it has completed the acquisition of the 302-room Sheraton DFW Airport Hotel for $46 million. PM Hotel Group, a leading, national hotel management company based in Washington, DC, will operate the hotel.
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Local group on track to bring first Bar Louie to the Sun City by 2018
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Meliá Hotels & Resorts has announced that its Puerto Rico retreat will be rebranded as Meliá Coco Beach. Previously part of the Gran Meliá Hotels & Resorts family, the resort will undergo renovations throughout 2017 to transition to a different brand within the Meliá Hotels International portfolio.
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The Priceline Group Inc. (NASDAQ: PCLN) today announced that it has successfully completed its previously announced plan to acquire the Momondo Group in a cash transaction whereby The Priceline Group acquired all outstanding shares of the Momondo Group for approximately $550 million.
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EB-5 generates billions of dollars of affordable construction financing for developments located in the United States that create new jobs for US citizens. JMBM’s EB-5 financing group has closed more than $1.5 billion of EB-5 financing for our clients’ development projects, and we sourced more than half of that amount.
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BC Food & Beverage AB, representing a firm of experienced Swedish businessmen, has secured the Master Franchise rights and plans on establishing its first Donut King outlet in the Uppsala region before Christmas 2017.
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Stylish, innovative design characterizes these tiny hotel rooms
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