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McNellis to Accountants: Gimme Shelter

(Editor’s note: this essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate which, with only a bit of...

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FinanceHospitalityINDUSTRY news

204-Room Motel 6 and Super 8 by Wyndham in San Jose Face Foreclosure on $21.7MM Loan

By The Registry Staff A hotel complex in San Jose that fell into default earlier this year is now facing foreclosure. According to...

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FinanceHospitalityINDUSTRY news

$21.7MM Loan Falls into Default on 204-Room Motel 6 and Super 8 by Wyndham in San Jose

By The Registry Staff The Bay Area’s hospitality sector continues to grapple with post-pandemic challenges. A hotel complex in south San Jose, comprising...

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AECHospitalityINDUSTRY news

92-Room Holiday Inn Express & Suites Proposal Seeks Design Review Approval in Auburn

A new hospitality development is in the works for Auburn, as a proposal for a four-story Holiday Inn Express & Suites moves forward...

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FinanceHospitalityINDUSTRY newsNews Releases

OYO to Acquire Motel 6 Parent Company from Blackstone Real Estate for $525MM

New Delhi & Dallas – September 20, 2024 – Oravel Stays, the parent company of the global travel technology company OYO, today announced...

FinanceHospitalityINDUSTRY news

Family-Owned 143-Room Motel 6 in South Lake Tahoe Hits Market for $20MM

By Kate Snyder The hospitality market in South Lake Tahoe could soon see more sales activity with the listing of a Motel 6...

FinanceHospitalityINDUSTRY news

Prospera Hotels Pays $26.8MM for 132-Room Hilton Garden Inn in Burlingame

By Catherine Sweeney  In what appears to be a positive sign of growth for the Bay Area’s hospitality market, a number of hotel...

FinanceHospitalityINDUSTRY news

Blackstone Sells Four Motel 6 Properties Across Bay Area for Combined $40.3MM 

By Catherine Sweeney  After acquiring a large Motel 6 portfolio in 2012, Blackstone is now attempting to dispose of portions of the portfolio...

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