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Owner Of Clarion Hotel Near Airport Files For Bankruptcy
News

Owner Of Clarion Hotel Near Airport Files For Bankruptcy

... The hospitality industry is coming off one of the most disastrous years in its history, but a full recovery is ... out, Bloomberg reported. Other recent hotel bankruptcies include Eagle Hospitality Real Estate Investment Trust, the Tillary Hotel in Brooklyn ...

Feb 03, 2021
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The 1,331-key Row NYC hotel, at 700 Eight Ave., which is currently being used as a shelter for 900 of the city's newly arrived migrants.
News

As Migrant Crisis Spirals, A 1,300-Room Hotel Serving As A Shelter Is Fighting Off Foreclosure

... been climbing steadily for the past two years, but financial recovery has been smoother for some hotels than others. Now, ... Morrow, managing director of Hodges Ward Elliott’s New York Hospitality Investment Advisory practice. “And then, how does it affect ...

Aug 04, 2023
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Pandemic Led Major Investors To Dip Their Toes Into Data Centers. Now They’re Diving In
News

Pandemic Led Major Investors To Dip Their Toes Into Data Centers. Now They’re Diving In

... the markets for core hotel and office holdings trend toward recovery? According to Jonathan Atkin, the global head of communications ... and hospitality and other areas of the economy that had been struggling starting to pick up,” Atkin said. “So, recovery has ...

Apr 01, 2022
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Country Inns & Suites by Radisson in Gillette, Wyoming
News

Choice Hotels To Buy Radisson Hotel Group Americas For $675M

...  Choice's footprint in the upscale and upper-midscale hospitality segments, particularly on the West Coast and in the ... and Radisson Collection brands. The transaction comes amid the recovery of the hospitality industry. In May, U.S. hotel gross operating ...

Jun 13, 2022
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downturn
News

Investors Are Ready On The Sidelines As Hunt For Distressed Assets Gears Up

... industrial, but not residential. Distressed percentages for commercial general and hospitality are 0.33% and 0.32%, respectively, according to Reonomy ... the near future, but on the other hand, a recovery would need to be exceptionally robust just to fill all ...

Jun 04, 2020
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Blackstone’s Debt Business Has $9B To Lend, And This Is Where It Wants To Put It
News

Blackstone’s Debt Business Has $9B To Lend, And This Is Where It Wants To Put It

... chief executive of Blackstone’s listed $18B mortgage trust, the recovery in the U.S. economy as businesses reopen across the ... where both Keenan and Plavin see big opportunities, is the hospitality realm. “The hotel space is interesting, it is offering real ...

Jun 28, 2021
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Nobu Hotel
News

Larry Ellison-Backed Site Now A Nobu Hotel In Silicon Valley

... stature go through such an extensive renovation,” Marcus & Millichap Hospitality Sales Agent Tulsee Nathu told Bisnow. “Even during the pandemic ... is projecting for the entire country.  "I think the recovery is going to be very consistent with when companies ...

Oct 12, 2020
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debt 3, chart, graph
News

Forget K-Shaped Recoveries, It's V-Shaped And Returns Will Grow At 6.4%

... normality for everyone else. This includes a swift recovery for airports and hospitality, once travel restrictions are removed, and a surge ... hopes that the consumer sector will help drive the economic recovery. “Mild rental growth will result in a slight ...

Jun 08, 2021
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Hotel Front Desk, concierge, hotels
News

ACORE Capital Readies $1B To Invest In Beleaguered Hotels

... with the recovery capital to get you to the other side,’” he said. The new investment strategy, ACORE Hospitality Partners, will ... rebounds, according to ACORE. ACORE itself is no stranger to hospitality lending. Since its founding in 2015, the company has ...

Feb 16, 2021
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RADCO
News

This Week's Atlanta Deal Sheet

... Radow said. “RADCO projects that the hospitality market will experience a significant recovery in the short term and that the ... is RADCO's third hotel purchase since launching its hospitality investment division last year. It already bought the DoubleTree ...

Apr 01, 2022
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