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Highgate, Flynn Properties Acquire 135-Room Huntington Hotel in San Francisco, Bid $29MM in Foreclosure Auction

(Editor’s Note: Highgate and Flynn Properties purchased the loan on the hotel and paid $29 million at the property’s foreclosure auction, according to...

HospitalityNews Releases

Flynn Properties, Värde Partners Acquire 80 Percent Interest in 89 Hotels in $1.1B Deal

SAN FRANCISCO & MINNEAPOLIS – Flynn Properties Inc., owner of commercial real estate, luxury resorts and select service hotel properties in America and...

AECFeaturedHospitalityINDUSTRY news

Report: California Sees Record Number of Hotel Developments in 2021 Despite Rising Construction Costs

By Catherine Sweeeney  California’s hotel industry ended the 2021 year on a positive note, with a new record high of hotels opening across...

The Plaza Suites Hotel, Santa Clara, Paradigm Hotels, Peninsular Investments, Hilton, IHG, Virgin Hotels, Hyatt,
AECContinuedFinanceINDUSTRY news

The Plaza Suites Hotel in Santa Clara Trades for $72.5MM

By Meghan Hall Investment continues into Bay Area properties, even into the struggling hotel sector. In a deal that closed this week, Santa...

CommercialINDUSTRY news

Reports: Hotel Sector Hit Hard During Q2, Forcing Developers and Lenders to Rethink Future Projects

By Meghan Hall Hospitality took a hard hit during the second quarter, with health and safety concerns limiting both travel and business operations....

News Releases

Interstate Hotels & Resorts Focuses Attention In The West

Transitioning in 13 hotels and 1,285 rooms strengthens U.S. portfolio ARLINGTON, Va. (June 3, 2019) — Following a strong start to 2019, Interstate Hotels...

CommercialFeaturedINDUSTRY newsResidential

Stay Alfred Platform Highlights Evolution of the Short-Term Rental Industry

By Meghan Hall The short-term rental market has revolutionized both the hospitality and multifamily industries as hoteliers, brokers and property owners are learning...

CommercialFinanceINDUSTRY news

DoubleTree by Hilton in Campbell Sells for $59.1MM

By Meghan Hall After five years of ownership, San Francisco-based Ellis Partners has sold its DoubleTree by Hilton Hotel, located at The Pruneyard...

AECCommercialINDUSTRY newsNews Releases

Construction Begins on Sunnyvale Hilton Homewood Suites

4-story hotel is part of a new development vision by the City of Sunnyvale SUNNYVALE, CA, December 13, 2018 – Northern California developer...

CommercialFinanceINDUSTRY newsThe Q

A Welcome Sign for the Bay Area Hotel Industry in 2018

A robust 2017 for Bay Area hotels could bring continued expansion in 2018, say two industry reports By Michele Chandler Hotel development is...

News Releases

Sonnenblick-Eichner Company Arranges $35,400,000 in Financing Secured by Three Best Western Hotels in California

BEVERLY HILLS, Calif., Nov. 14, 2017 – Sonnenblick-Eichner Company has arranged three separate long-term fixed rate loans totaling $35.4 million for the refinancing...

News Releases

Hall Equities Group Completes Hotel Portfolio Acquisition

A consortium of private investment groups affiliated with Walnut Creek, CA based Real Estate Investor and Developer Mark Hall have acquired 29 hotels...

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