Penzance Submits Plans for Rosslyn Massive Luxury Residential Towers
The site would span 900,000 square feet.
BETHESDA, MD–Host Hotels & Resorts announced it has placed “three irreplaceable Hyatt assets under contract for acquisition” in Hawaii, California and Florida as part of its quarterly earnings report.
They are the Andaz Maui in Wailea, the Grand Hyatt San Francisco and the Hyatt Regency Coconut Point in Bonita Springs, FL The properties are trading for a total of $1 billion, with the REIT putting down a $25 million deposit at-risk. These hotels “…are exactly the type of iconic real-estate we target and are located in what we believe are some of the best near-term growth markets in the US, said CEO James F. Risoleo in a prepared statement.
*May exclude premium content
Already have an account? Sign In Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
The site would span 900,000 square feet.
Harrison Street was the seller.
"This latest transaction brings our company’s strategy to pursue liquidity for our entire data center portfolio to a successful conclusion.”
Guide
Sponsored by Placer.ai
The Return to Office: Recovery Still Underway
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Report
Sponsored by Building Engines
The State of Commercial Property Management Technology in 2025
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
White Paper
Sponsored by Placer.ai
10 Top Retail Brands To Watch in 2025
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Copyright © 2025 ALM Global, LLC. All Rights Reserved.