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Premier Hotel commercial real estate news, analysis, trends and information for hospitality and lodging properties.
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.
Plunging values, and safety concerns are hitting lodgings in the airport corridor.
Travelers don't need a walkable distance anymore.
It is the largest hotel deal in Miami this year.
This marks the firm's first project in downtown Jacksonville.