CGI Merchant Had A-Rod's Backing And A $650M Fund. Then It Bought Trump's D.C. Hotel And It All Fell Apart
How CGI, which raised a $650M fund from A-Rod and Adi Chugh, crumbled after acquiring Donald Trump's D.C. hotel.
How CGI, which raised a $650M fund from A-Rod and Adi Chugh, crumbled after acquiring Donald Trump's D.C. hotel.
The Oceanwide Plaza buyers are hoping for city tax incentives as they build out the stalled hotel, residential and retail project.
California hotel sales rise but signal distress — nearly 30% involve lenders. Discover trends and buyer shifts.
KHP Capital Partners sells Kimpton La Peer West Hollywood to APA Group. The Tokyo-based buyer is looking to grow its overseas holdings.
Major hotel chains see growth as business travel rebounds, boosting the sector's recovery.
Trinity Investments and Elliott Investment Management pocketed a nine-figure gain in their eight-year ownership of the property.
Florida Keys hotels in demand as leisure travel spikes. Major sales and investments signal market boom.
New $160M luxury resort coming to the Fort Worth Stockyards, featuring hotels, restaurants and retail space.
World Cup boosts LA hotel rates but not occupancy. Challenges include travel costs and event planner competition.
The hospitality brand's new concept involves experience-based social clubs and condo-hotel developments in college towns.
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