Regal REIT Acquires the Iclub Ma Tau Wai Hotel in To Kwa Wan

P&R Holdings Limited, a 50-50 joint venture of Paliburg and Regal entered into a Sale and Purchase Agreement to acquire a 50% equity interest in Prosper Harvest, which indirectly owns the iclub Ma Tau Wai Hotel.
Source: New feed

HVS Report – Meet the Money 2017 Key Takeaways

Hotel stakeholders shared a diversity of insights into U.S. hotel industry trends during the lifecycle of a hotel, including development, conversion/repositioning, and disposition.
Source: New feed

Econolodge, Newport, Oregon Sold by Crystal Investment Property LLC

Joseph P. Kennedy, President of Crystal Investment Property, LLC, exclusively represented the Buyer in the purchase of the Econolodge in Newport, Oregon. The 44-room roadside motel is located adjacent to Highway 101 on the Central Oregon Coast. The final sale price is confidential.
Source: New feed