The property, near the University of Washington, has around 35K SF of buildings. Private direct lender iBorrow provided a $2.1M loan for the purchase.
Allan Fried of GHC Development plans a huge transformation of the American Stock Exchange Building into a retail and hotel hub in New York's Financial District.
A proposed 12-story addition next to an 1890's-era building would bring a restaurant, up to 200 hotel rooms and 65 apartments.
The Post Oak opens its doors as UH's Fertitta Center moves forward.
A guitar-shaped hotel is taking shape at the Hard Rock Hotel in Hollywood, Florida.
Rosslyn's Holiday Inn could soon be replaced with a mixed-use project featuring 490 apartments and 327 hotel rooms.
The Dittmar Co. reduced the number of hotel rooms and added residential space at its redevelopment of the Holiday Inn site in Rosslyn.
A developer has cited "seismic shifts" in the hospitality industry and the pandemic's effects on capital markets in pivoting hotel plans to residential.
JBG Smith acquired the Inn of Rosslyn and two apartment properties from the Green family, which also sold it the Americana Hotel last month.
A major hotel brand is coming to a mixed-use project in Richardson, Texas.
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