Hospitality
PropTech: Prescient Leverages Replicability of Hospitality and Multifamily Development to Create Efficiencies in Construction
By Meghan Hall As construction costs continue to rise, new tech is evolving in an effort to streamline processes and budgets. At Prescient,...
Proposed 214-Key Hotel in San Jose Makes Entitlements Progress
By Meghan Hall The Alviso Hotel–a new project pitched by TNT Land Development Services and Terra Hospitality–is making progress. The project was originally...
Sacramento Hotel Purchased for $16MM as Part of Hotel-to-Multifamily Conversion
(EDITOR’S NOTE: According to public records, the asset was sold in August of 2021 for $16 million, or about $121,212 per room. The...
Entity Associated with Larry Ellison Pays $345MM for Incline Village Hyatt Regency
By Vladimir Bosanac The natural, year-round beauty of Lake Tahoe has for decades attracted visitors from around the world and in droves from...
Half Moon Bay Lodge Trades Hands for $22.75MM
By Meghan Hall The Half Moon Bay Lodge, an 80-key hotel located less than a mile from the coast, has sold as travel...
CIM Group Provides $67.5MM Loan Secured by Hotel Villa Florence in San Francisco’s Union Square
SAN FRANCISCO–CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a...
Historic Koi Nation Claims 68-Acre Property for $600MM Commercial Development
(EDITOR’S NOTE: The property was acquired for $12.3 million from private owners, according to public records. The development is expected to cost $600...
AWH Partners & The Roxborough Group Acquire San Francisco’s Villa Florence Hotel for $87.5MM
An affiliate of AWH Partners, LLC and The Roxborough Group, LLC has acquired the Villa Florence Hotel and retail in San Francisco for $87.5 million ($462,962 per room). The partnership plans a...
Newly-Developed Hotel in Fremont Trades for $38.9MM
By Meghan Hall A recently completed hotel in Fremont has been purchased by an investment firm that has been extremely active across California...
Rosewood San Francisco to Open in 2026
F4 Transbay Partners appoints ultra-luxury hospitality brand to open hotel in the Transbay District’s final skyscraper development (SAN FRANCISCO) – Rosewood Hotels & Resorts® has been...
100 Stockton in San Francisco to Feature Chotto Matte Rooftop Dining Experience
Blatteis & Schnur, Inc. is pleased to announce the execution of a lease with celebrated international restaurant Chotto Matte for a rooftop dining...
Cambria Hotels Adds 90-Room Property In Napa
Upscale Brand Debuts Fifth Hotel this Year with Napa Valley Entrance ROCKVILLE, Md., Aug. 30, 2021 — Cambria Hotels, an upscale brand franchised by Choice Hotels International, Inc. (NYSE:...