French owners bid au revoir to The Broome Hotel
One of Soho’s most popular boutique hotels is going up for sale. Adelaide Polsinelli, a vice chairman at Compass, has been tapped to market the
Tag : hospitality
Hotel developers enjoy a boom in the Big Apple
Developers are set to open 61 new hotels to the New york City market next year as the sector continues to experience a construction boom.
Mack funds Marx hotel recap in Hudson Yards
Meridian Capital Group arranged $88 million in financing for a Marriot hotel site in Hudson Yards on behalf of Marx Development Group (MDG). The 24-month
Debt funds emerge as hotel financing source
Debt funds are emerging as a major source of financing for hotels in the U.S. The sector is taking prominence as other lenders with significant
MCR closes $300M hospitality fund
MCR, the seventh largest hotel owner-operator in the United States, has closed a $300 million fund that should give it $1 billion in purchasing capacity.
Holliday Fenoglio Fowler arranges $126M refinancing of Mondrian Park Avenue
Holliday Fenoglio Fowler announced the $126.57 million refinancing of the Mondrian Park Avenue, a 190-room, luxury hotel in Manhattan. The HFF team worked on behalf
Offices adopt hotel mentality as extended stay becomes new normal
Hospitality has become a driving force in the office rental market. Along with conference rooms and gyms, features that have long been associated hotels, workplaces
Experts forecasting chill in NYC hospitality market
Despite a record-breaking year of tourism in New York City, with 60 million people visiting the Big Apple, the hotel market is in a slump.
Gotham launches hospitality, asset management divisions
Gotham, the New York real estate developer, has launched two new business divisions. Gotham Properties is a a new property and asset management division which