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FinanceHospitalityINDUSTRY news

Aloft Cupertino Secures $34MM Bridge Loan for Hotel Recapitalization

Shashi Group has secured $34 million in bridge financing to recapitalize a Marriott-branded hotel property strategically located near Apple’s corporate facilities in Silicon...

Hotel image with hotel sign on top
FinanceHospitalityINDUSTRY news

100-Room Commodore Hotel in San Francisco Hits Market as Industry Shows Signs of Recovery

A 100-room hotel in the heart of downtown San Francisco has entered the market for sale, positioned to capitalize on what industry experts...

Hotel sign on top of a building with a blue sky
FinanceHospitalityINDUSTRY news

Gaw Capital Partners’ 500-Room Oakland Marriott City Center Slated for Foreclosure Auction

By The Registry Staff Months after it fell into default, the Oakland Marriott City Center, the largest hotel in the city, is slated...

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AECHospitalityINDUSTRY newsNews Releases

PEG Opens New 177-Room Residence Inn Sacramento Cal Expo in Sacramento

New 177-Key Extended-Stay Hotel Opens, Replacing Legacy 1986 built Residence Inn and Enhancing Guest Experience with Modern Amenities SACRAMENTO, CA – PEG, a...

Hotel sign on top of a building
FinanceHospitalityINDUSTRY news

276-Room Dual-Brand Marriott Hotel in Downtown Oakland Returned to Lender via Deed in Lieu of Foreclosure

By The Registry Staff Another significant hotel property in the Bay Area has been returned to its lender. The dual-brand Marriott hotel in...

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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...

Union Square in San Francisco
CommercialFinanceINDUSTRY newsRetail

$12.7MM Non-Performing Loan for Mixed-Use Property at 46 Geary in San Francisco Hits the Market

An 18,818-square-foot mixed-use retail and creative office property at 46 Geary Street in San Francisco’s Union Square neighborhood is now tied to a...

Hotel sign on top of a building with a blue sky
FinanceHospitalityINDUSTRY news

$100MM Loan Connected to Gaw Capital Partners’ 500-Room Oakland Marriott City Center Falls into Default

By The Registry Staff A loan connected to Oakland’s largest hotel has fallen into default. The 500-room Oakland Marriott City Center has defaulted...

Hotel sign
FinanceHospitalityINDUSTRY news

Shashi Group’s 123-Room Aloft Cupertino Hotel Falls into Default on +$30MM Loan

By The Registry Staff A Cupertino hotel that entered into special servicing last year has fallen into loan default, highlighting the ongoing struggles...

Hotel sign
FinanceHospitalityINDUSTRY news

134-Suite SpringHill Suites Oakland Airport Hotel Listed for Sale

By The Registry Staff The SpringHill Suites Oakland Airport Hotel, which operates under the Marriott brand, is looking for a new owner. According...

Gaw Capital, Oakland, Courtyard Oakland Downtown, Marriott, Core Property Capital, Atlanta, CIM Group, Bay Area
FinanceHospitalityINDUSTRY news

Gaw Capital Sells 162-Room Marriott Brand Hotel in Oakland for $10.6MM

By The Registry Staff An Oakland hospitality property has traded hands for a steep discount – 76 percent less from what it sold...

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FinanceHospitalityINDUSTRY newsNews Releases

$43.8MM Financing Secured for Courtyard by Marriott San Jose Campbell

JLL Capital Markets represented Huntington Hotel Group in securing bridge financing for 162-key hotel SAN DIEGO, July 16, 2024 – JLL Capital Markets announced today that...

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