More owners are falling behind on mortgage payments, especially in the office and hotel markets.
The European company, which offers short-term rentals and apartment-style hotels, secured 10 properties through Sonder’s Chapter 7 bankruptcy.
Developers with projects in Southwest D.C., such as CityPartners, Donohoe Hospitality, Ruben Cos. and Republic Properties, are seeing significant demand growth.
Office, multifamily, hotel and retail all potentially on tap for Turner Field redevelopment
Hotel owners and tourism officials say business and group travel have yet to return to D.C., and they want the District to provide more relief for the industry.
The New York City-based real estate firm is betting "bleisure" travel will carry the industry to a full recovery.
The industry has clawed its way back from the dim days of the pandemic, with U.S. hotel occupancy averaging 63% during 2023.
Under Armour's new Baltimore hotel and Port Covington mixed-use campus coming soon.
Summit Hotel Properties has acquired the Hotel Indigo in Asheville.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.