NASHVILLE, TENN. — Arriba Capital has provided a $67 million construction loan for a dual-branded hospitality project in Nashville’s East Bank district. The hotel development, which will sit adjacent to Oracle’s upcoming $2 billion campus, will feature rooms branded under Hilton’s Home2 Suites and Hampton Inn flags. The borrower is a Southeast-based developer that plans to deliver the hotel project in early 2027.
HEBER VALLEY, UTAH — Angstrom Development Group has announced plans for The Slope, a new mixed-use resort project in Heber Valley, roughly 50 miles southeast from Salt Lake City International Airport. Situated along the Provo River, the development will feature an 86-room resort and more than 100,000 square feet of retail space. The Slope will also include 200 hotel-branded residences, which will be available for purchase or for short-term rentals. Residences at the project will be fully furnished, with rentals operated by the hotel brand’s professional management program. In addition to two- and three-bedroom condos located within the hotel, residential units will include four-bedroom, multistory villas. The villas will feature expansive patios and rooftop decks with hot tubs and saunas. Waterways, bike paths and pedestrian alleys will connect the development, and the resort will offer access to skiing, mountain biking, hiking trails, golfing and boating. Austin, Texas-based Angstrom Development Group develops high-end residential, mixed-use and resort projects across premier markets. — Hayden Spiess
LUTSEN, MINN. — The Duluth office of Kraus-Anderson has completed construction on Papa Charlie’s Event Center and Lodging in Lutsen within northeast Minnesota. Located at 467 Ski Hill Road, the 9,825-square-foot restaurant and lodge replaces the former facility that was shuttered by a 2023 fire. Designed by LHB Architects, the new $10 million replacement building includes Charlie’s Alpine Bistro. The two-story center’s lodging, called Sunset Studios, includes a bridal suite and eight custom lodging units with balconies overlooking the Poplar River and Moose Mountain. Construction began in September 2024.
BEAUMONT, CALIF. — CH Realty Partners (CHRP) has secured full entitlements for Beaumont Pointe, a 622-acre industrial and commercial development in Beaumont. In early 2026, CHRP will begin construction on Phase One, encompassing 2 million square feet of industrial space spread across two buildings. Located along the south side of State Route 60 west of Jack Rabbit Trail, Beaumont Pointe will include 5 million square feet of Class A industrial and logistics space across six buildings, 246,000 square feet of general commercial space, a 125-room hotel and 277 acres of open space and conservation area. At full build-out, the project is estimated at $1.5 billion in total development value and is expected to support more than 5,400 jobs and significantly expand Beaumont’s tax base. The Contract for Difference (CFD) structure ensures infrastructure such as roads and utilities as privately funded by the project itself. Final Local Agency Formation Commission (LAFCO) approvals for annexation and water service extension were approved in July 2025.
FORT LAUDERDALE, FLA. — Moss has begun construction on The Dunes Fort Lauderdale, an Autograph Collection Hotel. Moss is constructing the $175 million hotel on behalf of the developer, G. Holdings Group, and the operator, Marriott International. The 205-room, 16-story hotel will be located at 441 S. Fort Lauderdale Beach Blvd. and represents the first Autograph Collection hotel in the city. Designed by FSMY Architects & Planners with interiors by Studio Munge, The Dunes will feature an ocean-facing restaurant, mezzanine-level event venue, third-floor pool and bar deck, rooftop bar and dining venue and a valet-operated subterranean parking garage. The construction timeline for the hotel was not released.
KNOXVILLE, TENN. — Atlanta-based Hunter Hotel Advisors has brokered the sale of Crowne Plaza Knoxville Downtown University, a 195-room hotel located in downtown Knoxville. The property is situated near the Tennessee Valley Authority headquarters and Market Square and within walking distance to the University of Tennessee. Crowne Plaza features more than 15,000 square feet of meeting space, an indoor pool, business center, fitness center and Mahogany’s, a full-service restaurant. Local hotel owner, The 9 Group, purchased the property from a private seller for an undisclosed amount. Tim Osborne of Hunter’s Chattanooga office brokered the transaction.
MANSFIELD, TEXAS — Locally based developer House of Tangram has purchased 30 acres in Mansfield, located south of Fort Worth, for a new mixed-use project. The site is situated within the 100-acre, $2.5 billion Staybolt Street District development, and the project will include a 288-unit hotel that will be known as Carbon Mansfield and a 33,000-square-foot convention center. The acreage is adjacent to a 166,000-square-foot, multi-sport stadium that is under construction and will be the permanent home of North Texas SC, the MLS NEXT Pro affiliate of FC Dallas. The convention center has been designed to support sports, medtech and high-performance events. House of Tangram is also planning to open Cache Legitimate and KUBO, a dual-branded hotel concept that will feature robotic bartenders, drone delivery and immersive media walls as the norm. Construction on the 30-acre parcel is scheduled to begin next summer and is expected to last about two years.
MIAMI GARDENS, FLA. — Marcus & Millichap has brokered the $24 million sale of the 217-room Stadium Hotel in Miami Gardens. Situated across from the Hard Rock Stadium, home arena of the Miami Dolphins and Miami Hurricanes, the nine-story property was originally built in 1973 and renovated in 2017. Amenities at the hotel include an Olympic-size swimming pool, miniature golf course, basketball court and meeting and event spaces. The Legends Sports Grill restaurant is also located onsite at the hotel. Ryan Shaw of Marcus & Millichap represented the buyer in the transaction. The Kabani Hotel Group represented the private seller. Both parties requested anonymity.
SAN ANTONIO — Sonnenblick-Eichner Co., a California-based financial intermediary, has arranged $22.6 million in first mortgage leasehold financing for the 213-room Hotel Valencia Riverwalk in San Antonio. The 12-story hotel is located in the downtown area and offers 9,841 square feet of meeting and event space, a fitness center, an interior open-air courtyard and multiple onsite food-and-beverage options. The debt retires a maturing 10-year loan that was also originated by Sonnenblick-Eichner. The names of the lender and borrower were not disclosed.
NEW YORK CITY — Affiliates of Goldman Sachs & Co. have funded a $145 million loan for the refinancing of the Hôtel Barrière Fouquet in Manhattan. The 97-room hotel, which is located at 456 Greenwich St. in the borough’s Tribeca neighborhood, opened in 2022 and features a Parisian brasserie, a spa, art deco interiors and a private screening room. The loan retires the original construction and mezzanine financing that was provided by South Korea-based Hana Financial Investment. Law firm Rosenberg & Estis PC represented the borrower, an entity doing business as CBCS Washington Street LP, in the transaction, while attorneys from Haynes & Boone LLP represented the lender.
