Parc 55 San Francisco
Blackstone’s $130MM Four Seasons Bet Signals San Francisco Hotel Revival
Investment giant’s first hotel purchase in the city in a decade marks turning point for once-struggling luxury market Blackstone is poised to acquire...
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...
Buyer Selected for $725MM Mortgage on Hilton San Francisco Union Square, Parc 55 Hotels
By Kate Snyder San Francisco’s hospitality landscape is bracing for a significant shift as two of its largest hotels. The 1,921-room Hilton San...
Park Hotels & Resorts Plans to Shutter Hilton Oakland Airport Hotel Following Receivership Proceedings of Two San Francisco Properties
In a sign of where some parts of the Bay Area hospitality industry is heading, the Hilton hotel chain announced the impending closure...
Blackstone’s 346-Room Club Quarters Hotel in San Francisco Could Be Surrendered to Lender
By Kate Snyder A hotel in San Francisco could soon be surrendered back to the lender. A $274 million commercial mortgage-backed securities loan...
Lenders on $725MM Loan File Lawsuit Against Park Hotels & Resorts to Put San Francisco Hotels into Receivership
By Kate Snyder More San Francisco properties are the subject of legal proceedings. The lenders for a $725 million mortgage on two of...
San Francisco’s Only New Hotel of 2023, The Jay, Hopes to Revive City’s Floundering Hospitality Market
By The Registry Staff San Francisco, a city known for its iconic landmarks and bustling financial district, is about to welcome its only...
Park Hotels & Resorts Announces Cessation of Payment on $725MM Non-Recourse CMBS Loan Secured By Two of Its San Francisco Hotels
TYSONS, Va., June 05, 2023 — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that, starting in June, it...
