Hospitality

DoubleTree by Hilton Arlington DFW South Opens Following $10M Renovation

by Haisten Willis September 7, 2016

ARLINGTON, TEXAS — Hilton Worldwide has opened the DoubleTree by Hilton Arlington DFW South following a $10 million renovation. Located less than five miles from Six Flags Over Texas, AT&T Stadium and Globe Life Park, the 237-room, five-story hotel features more than 6,000 square feet of meeting space, an outdoor swimming pool, fitness center, business center and a round-trip shuttle to Dallas/Fort Worth International Airport. Owned by Admiral Hotel Group LLC and managed by Hotel Equities, the former Admiral Hotel features complimentary Wi-Fi, a 40-inch TV, mini-refrigerator, coffee maker and workspace. Many rooms also provide a pool view, patio and/or balcony.

September 7, 2016

The Siegel Group Nevada Buys Legacy Suites in Tolleson for $16.6M

by Nellie Day September 6, 2016

TOLLESON, ARIZ. — The Siegel Group Nevada has purchased a 442-unit Legacy Suites hotel in Tolleson for $16.6 million. The hotel was built in 2010. It will be renamed Siegel Suite Tolleson, This is the third Legacy Suites location the Siegel Group has acquired in the past 14 months. The other properties are located in Phoenix and Casa Grande.

September 6, 2016

home2-suites-hilton-dallas-grand-prairie

Hospitality Texas

New Home2 Suites by Hilton Opens in Metro Dallas

by Haisten Willis September 6, 2016

GRAND PRAIRIE, TEXAS — Home2 Suites by Hilton Dallas Grand Prairie is now open. Offering 96 suites, the hotel is the first Hilton Worldwide property in Grand Prairie. Located at 2123 W. I-20, Home2 Suites Dallas Grand Prairie offers access to Six Flags Over Texas, Lone Star Park, local sports venues and Dallas-Fort Worth International Airport. The property is also within walking distance of several dining and shopping options. Owned by Orion Lodging LLC and managed by Kriya Hotels, the hotel’s guestrooms feature fully equipped kitchens and modular furniture. The hotel also features complimentary Wi-Fi, a combined laundry and fitness area, outdoor pool and grill area, Home2 MKT store and complimentary breakfast.

September 6, 2016

Hospitality Southeast Tennessee

Hyatt, Southwest Value Partners to Develop Hyatt Regency on Former Lifeway Campus in Nashville

by John Nelson September 6, 2016

NASHVILLE, TENN. — Hyatt Hotels has entered into a franchise agreement with Southwest Value Partners to develop a new Hyatt Regency hotel in Nashville. The hotel will help anchor the 15-acre site in downtown Nashville that formerly housed the Lifeway Christian Resources campus. The site, located at the northwest corner of Broadway and 10th Avenue, sold to Southwest Value Partners in November 2015 for $125 million. Hyatt Regency Nashville will feature 60,000 square feet of meeting space and event facilities, a Hyatt StayFit gym and an outdoor pool. The 540-room hotel is set to open in 2019.

September 6, 2016

Georgia Hospitality Southeast

Carey Watermark Investors 2 Acquires Renaissance Atlanta Midtown Hotel

by John Nelson September 1, 2016

ATLANTA — Carey Watermark Investors 2 Inc. (CWI 2), a hospitality-focused REIT, has purchased the Renaissance Atlanta Midtown Hotel, a 304-room, 21-story hotel located at the northwest corner of West Peachtree Street and Abercrombie Place in Atlanta’s Midtown district. The seller and sales price were not disclosed. Davidson Hotels & Resorts, an Atlanta-based hotel management company that operates 38 hotels throughout the United States, will manage the hotel. Built in 2009 and converted to Marriott International’s Renaissance brand in 2011, the hotel has undergone more than $3 million of capital improvements between 2011 and 2015. The hotel’s restaurant, Community Smith, reopened in January 2015. Other amenities include 8,600 square feet of meeting space, a rooftop bar and lounge, 24-hour spa and fitness center and a 24-hour business center. Affiliates of W. P. Carey Inc. and Watermark Capital Partners advise CWI 2 and manage its overall portfolio.

September 1, 2016

Hospitality Mixed-Use New York Northeast

Corona Operating Co. Acquires 266,800 BSF Conversion Site in Queens for $37.3M

by Amy Works August 30, 2016

NEW YORK CITY — Corona Operating Co. has acquired a conversion site located at 37-10 114th St. in the Corona neighborhood of Queens. Meadows Corona LLC sold the site for $37.3 million. The site offers 226,800 buildable square feet and currently houses an eight-story building with 95,040 square feet above ground with additional built out and useable cellar space of 11,880 square feet. Previously, the building operated as a 200-room hotel featuring a pool, exercise facility, multiple event spaces and parking for 86 cars. The building was vacant at the time of sale. Stephen Preuss of Cushman & Wakefield represented the seller in the deal.

August 30, 2016

Georgia Hospitality Southeast

McKibbon Hospitality, Coro Realty to Build Hampton Inn & Suites by Hilton in Buckhead

by John Nelson August 30, 2016

ATLANTA — McKibbon Hospitality has teamed up with Coro Realty Advisors to develop a new 186-room Hampton Inn & Suites by Hilton in Atlanta’s Buckhead district. The 108,659-square-foot hotel will be situated on Piedmont Road within Buckhead Place, Coro Realty’s mixed-use center that features an LA Fitness, Marshall’s, Pier One, Hyatt Place and the 05 Buckhead apartment tower. McKibbon Hospitality has selected Sarasota, Fla.-based Kellogg & Kimsey as the general contractor. The development team expects to break ground on the hotel in September.

August 30, 2016

Hospitality Loans Southeast Virginia

SunTrust Provides $25.8M Construction Loan for Marriott Autograph Hotel in Downtown Charlottesville

by John Nelson August 30, 2016

CHARLOTTESVILLE, VA. — SunTrust Bank has provided a $25.8 million construction loan to Carr City Centers for the development of a new hotel located at 1106 W. Main St. in downtown Charlottesville. The new 150-room, boutique hotel is set to be part of the Marriott Autograph Collection. The property will be located next to the University of Virginia’s main campus and adjacent to the University Medical Center. The hotel will feature an upscale restaurant, fitness center, business center and 3,000 square feet of meeting space. The general contractor, Donohoe Construction Co., plans to break ground in the third quarter with a scheduled opening in the fourth quarter of 2017. Donohoe Hospitality Services will manage the hotel’s day-to-day operations on behalf of the ownership, a joint venture between Carr City Centers and Donohoe.

August 30, 2016

Hospitality Midwest Minnesota

Embassy Suites by Hilton Opens 290-Room Hotel in Downtown Minneapolis

by Christina Cannon August 29, 2016

MINNEAPOLIS — Embassy Suites by Hilton has opened a 290-room hotel in downtown Minneapolis. The hotel is located in the historic Plymouth Building, which has access to the Minneapolis Skyway System. HRI Properties LLC owns and redeveloped the former office building. Amenities at the hotel include free made-to-order breakfast, a two-hour complimentary evening reception, free Wi-Fi, 10 separate meeting rooms totaling over 12,600 square feet, a 24-hour business center, a restaurant and bar, convenience store, indoor heated pool, fitness center and heated parking. HRI Lodging LLC will operate the hotel.

August 29, 2016

Hospitality Massachusetts Northeast

Tocci Building Cos. Completes 130-Key Homewood Suites by Hilton Hotel in Boston Suburb

by Amy Works August 29, 2016

BROOKLINE, MASS. — Tocci Building Cos., on behalf of owner Claremont Cos., has completed the construction of Homewood Suites by Hilton in Brookline. Located at 111 Boylston St., the 101,996-square-foot all-suite hotel features 130 guest rooms, a swimming pool and close proximity to the MBTA Green line. The project team included Group One Partners as architects and R.W. Sullivan Engineering as mechanical and electrical engineers.

August 29, 2016

Newer Posts

Older Posts