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Premier Hotel commercial real estate news, analysis, trends and information for hospitality and lodging properties.
This year the lodging sector is anticipated to experience slight growth.
The 1,575-foot tall tower would feature office and hotel components.
Openings dropped 34% in 2024, with only three new hotels in nine-county Bay Area.
Hotel was the only category in which the score dropped significantly.
Highgate hands back keys for 686-room Hyatt Regency with $290M in debt.
Lodging Analytics Research & Consulting expects multiple factors will boost hotel activity.
With 2,855 total guestrooms, the 22-hotel portfolio is spread across 14 states in established and high-growth markets such as Texas, Florida, New Mexico and South Carolina.
The new stadium will hold 67,000 seats.
The financing was secured through multiple loans.
The hotel plans to refinance $1.18 billion in past mezzanine and CMBS debt.