Hotels

Fire sale of Midtown hotels continues as Hilton Times Square is sold for 35% of its last purchase price.

The Trepp LifeComps portfolio saw a negative return in the first quarter of 2022.

Leisure and hospitality as well as transportation and warehousing saw particularly strong growth, which could have positive news for those CRE sectors.

In just two years, we went from a very bleak, uncertain future to a comparatively stable positive outlook.

The REIT has agreed to sell 11 outparcels and one vacant land parcel, which will be developed into a hotel site.

San Diego hotels remain a hot commodity as occupancy hits pre-pandemic levels.

Contrary to expectations, REITs perform as well or better that the S&P when interest rates increase.

The investor sold the 169-guest room Hilton Garden Inn San Francisco Airport North through a joint venture with GIC.