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Pico-Union Bank Building Could Become A Hotel.
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Magnolia Park Cities was bought by 6070 NCX from TriGate Capital. 6070 NCX is a subsidiary of DRW Real Estate Investments, a value-add firm investor in Chicago.
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San Francisco is a difficult market for hoteliers to get into, but very few regret it.
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The hotel is underground, has no natural light, no fresh air, no bar, no restaurant and the rooms are tiny.
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New Hotel May Be Coming To Echo Park.
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New Hotel May Be Built Next To Hotel Figueroa.
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It's another sign of a softening hotel market.
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An investor buys a site near Nashville's airport, plans a hotel in that hot market.
The flurry of refinancing in the Chicago market continues.
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