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FinanceHospitalityINDUSTRY news

Blackstone Real Estate to Acquire 821-Room Hyatt Regency Embarcadero in San Francisco for $279MM

Blackstone Real Estate is acquiring the 821-room Hyatt Regency Embarcadero from Sunstone Hotel Investors for $279 million — roughly $340,000 per key —...

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FeaturedFinanceHospitalityINDUSTRY news

Santa Clara Investor Group Acquires 112-Room Hyatt Place Newark/Silicon Valley for $19.8MM

Ashok Goyal’s buying group acquired the 2023-built hotel at $176,300 per room — well below the $25.8 million debt the lender took back...

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CommercialFeaturedFinanceINDUSTRY news

Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease

The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...

Historic Buildings of Downtown Tracy California
AECINDUSTRY newsRetail

Roseville’s Westfield Galleria Promenade to Get Mountain Makeover as Mall Adapts to Retail’s New Reality

The aging outdoor shopping district bets on Sierra aesthetic and dining over mixed-use vision The Westfield Galleria at Roseville is embarking on a...

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FeaturedFinanceHospitalityINDUSTRY news

U.S. Hospitality Market Faces Cost Pressures and Shifting Investment Trends

The U.S. hospitality industry ended 2024 on an uneven note, as nominal revenue per available room (RevPAR) showed modest gains, yet real profitability...

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AECFinanceHospitalityINDUSTRY news

San Jose’s Iconic Hotel De Anza Set to Reopen as Sale Negotiations Continue

The iconic Hotel De Anza, a historic 100-room boutique hotel in downtown San Jose located at 233 W. Santa Clara St., is poised...

AECHospitalityINDUSTRY newsNews Releases

R.D. Olson Construction Announces Groundbreaking on 108-Room Appellation Healdsburg Project

The luxury resort hotel in rural Sonoma wine country will be part of Appellation Co-Founders Chef Charlie Palmer and Christopher Hunsberger’s newest venture...

Presidio Companies, Sacramento, Davis, Hilton Garden Inn, Hilton, Marriott, Hyatt, San Francisco, St. Helena, Livermore, California State Parks, California State Railroad Museum, InfiniPower Hospitality Group, Mountain View, Rancho Cordova
AECHospitalityINDUSTRY news

Presidio Companies Proposes 90-Room Hilton Hotel in Davis

By Kate Snyder The Sacramento region could soon see another hotel development moving forward. A proposal for a 90-room hotel in Davis has...

AECHospitalityINDUSTRY news

129-Room Hyatt Place Hotel Planned for Half Moon Bay

By Catherine Sweeney  Hyatt is seeking to add a 129-room hotel along the water in Half Moon Bay. Initially proposed in 2021, the...

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...

AECCommercialINDUSTRY newsNews Releases

Hyatt and San Francisco International Airport Announce Opening of Grand Hyatt at SFO

CHICAGO–Hyatt Hotels Corporation (NYSE: H) and San Francisco International Airport (SFO) today announced the opening of Grand Hyatt at SFO, which is now...

CommercialINDUSTRY newsNews Releases

KBS Signs CDK Global for 76,000 SQFT in San Jose

SAN JOSE, Calif. (April. 4, 2019) — KBS, based in Newport Beach, California, announced today the signing of a new lease for 76,410...

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