Hotel sales are down 80% from the same time last year.
The billionaires could become the new owners of The Chatwal Hotel after the property’s mezzanine debt went into default.
The real estate investment giant bought the property nearly eight years ago from Rockbridge Partners.
Industrious at The Homer Building checks all the boxes: flexibility, a central location with proximity to childcare, beautiful offices and more.
Barings provided an $84M loan to refinance Hotel Commonwealth in Kenmore Square, which sold for a loss in December 2020.
The upscale boutique hotel looks to capitalize off the traffic at the Gas South District.
Donations to Eric Adams' 2025 reelection campaign may violate campaign finance laws, according to a new investigation.
Ingrid-Lewis Martin, her son and two real estate investors were indicted Thursday stemming from an investigation by the Manhattan District Attorney.
Lower cost of debt and the ability to improve performance has drawn private equity firms to the UK hotel sector.
Condra Group wants to build a mixed-use tower roughly the same height as the Margaritaville Hollywood Beach Resort a few blocks away from its site.
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