Hospitality

JLL Arranges Loan for Refinancing of 106-Room Hotel in Fort Worth

by Taylor Williams November 11, 2026

FORT WORTH, TEXAS — JLL has arranged a loan of an undisclosed amount for the refinancing of Bowie House, a 106-room boutique hotel located in Fort Worth’s Cultural District. Bowie House, which is part of the Auberge Collection family of hospitality brands, opened in 2023 and includes 18 suites. The amenity package comprises an outdoor pool, fitness center, multiple food-and-beverage outlets and 10,835 square feet of meeting and event space. Jim Curtin, De’On Collins, Luke Rogers, Campbell Swango, Greyson Fewin and Robert Westerfield of JLL arranged the floating-rate loan through MetLife on behalf of the owner, Bowie Place Properties.

November 11, 2026

Development Florida Hospitality Loans Southeast

JLL Arranges $386M Construction Loan for InterContinental Orlando Hotel Project

by John Nelson November 11, 2026

ORLANDO, FLA. — JLL has arranged a $386 million construction loan for the development of InterContinental Orlando, a 700-room hotel located at 8001 International Drive in Orlando. Set to open in 2029, the 12-story hotel will span more than 900,000 square feet and be situated near Universal Epic Universe, Universal Orlando Resort, Walt Disney World Resort and the Orange County Convention Center. Kevin Davis, Mark Fisher, Jillian Mariutti, Wyatt Krapf, Henry Winchester and Martha Duff of JLL arranged the four-year, floating-rate loan through Civitas on behalf of the borrowers, Flag Luxury Group and Unicorp National Developments Inc. The loan features two one-year extension options. InterContinental Orlando will operate under the InterContinental Hotels & Resorts brand and include 105,000 square feet of meeting and pre-function space, multiple food-and-beverage venues, a conservatory, spa and wellness facilities, fitness center, lounge, pool and structured parking.

November 11, 2026

Development Georgia Hospitality Southeast

Songy Highroads, Matthews Southwest Top Out 444-Room Signia Hilton Savannah Hotel

by John Nelson November 11, 2026

SAVANNAH, GA. — Songy Highroads and Matthews Southwest Hospitality have topped out Signia Hotel Savannah, a 444-room hotel for the recently expanded Savannah Convention Center. Songy Highroads and Matthews Southwest Hospitality are co-developing the Signia Hotel Savannah in partnership with the Georgia World Congress Center Authority. Hilton will manage the hotel upon completion. The project was funded by a $398 million municipal bond offering through Morgan Stanley. The Savannah-Georgia Convention Center Authority owns the hotel project, which is set to open in 2028. The hotel will include more than 34,000 square feet of meeting and event space, including a 13,000-square-foot ballroom, as well as an outdoor pool and five food-and-beverage outlets.

November 11, 2026

Residence-Inn-by-Marriott-Moxy-Hotel-Portland-Thompson's-Point

Development Hospitality Maine Northeast

Colwen Hotels Opens 148-Room, Dual-Branded Property in Portland, Maine

by Taylor Williams November 11, 2026

PORTLAND, MAINE — Colwen Hotels has opened the Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, a 148-room, dual-branded property in Portland. The five-story building is located within the Thompson’s Point mixed-use development and offers shared amenities such as an indoor pool, fitness center, 24-hour market and an onsite restaurant. The Residence Inn features 70 apartment-style suites with fully equipped kitchens, and the Moxy hotel offers 78 guestrooms. Colwen’s in-house team also handled design of the project.

November 11, 2026

Acquisitions Hospitality Illinois Midwest

Hunter Advisors Brokers Sale of 262-Room Embassy Suites Hotel in Metro Chicago

by Kristin Harlow November 10, 2026

LOMBARD, ILL. — Hunter Advisors has brokered the sale of the Embassy Suites by Hilton Chicago Lombard Oak Brook, a 262-room hotel in Lombard. Spencer Davidson and David Perrin of Hunter Advisors brokered the transaction. Endeavor Hotels acquired the asset. The 10-story, all-suite property was built in 1989 and is located at 707 E. Butterfield Road. Amenities include 5,875 square feet of meeting space anchored by the 2,016-square-foot Butterfield Ballroom, a complimentary breakfast and evening reception, Stacks Grilled Cheese & Bar, an indoor pool, a fitness center and business center.

November 10, 2026

Development Hospitality Loans Southeast Tennessee

Arriba Capital Arranges $47M Construction Loan for Moxy Hotel Project in Downtown Knoxville

by John Nelson November 10, 2026

KNOXVILLE, TENN. — Arriba Capital has arranged a $47 million construction loan for a new 175-room Moxy by Marriott hotel in downtown Knoxville. Arriba Capital arranged the loan through an unnamed national lender on behalf of the borrower, Atlanta-based Vector Hospitality. The loan has a 77 percent loan-to-cost ratio, according to Arriba Capital. Located at 137 S. Central St., the seven-story hotel is slated to open in 2028 and offer three food-and-beverage options: The Getaway rooftop bar, Bar Moxy on the ground level and The Pop-Up Hub in the hotel’s breezeway.

November 10, 2026

Acquisitions Hospitality New York Northeast

Matthews Negotiates $12M Sale of Hospitality Building in Manhattan’s Chinatown District

by Taylor Williams November 4, 2026

NEW YORK CITY — Nashville-based brokerage firm Matthews has negotiated the $12 million sale of 101 Bowery, a hospitality building in Manhattan’s Chinatown district that was formerly housed the New World Hotel. The building is a five-story, 13,260-square-foot, single-room occupancy (SRO) structure that comprises an owner-occupied ground-floor retail space and four vacant floors that are designated for lodging use. Stephen Dadourian of Matthews represented the seller, a local family, in the transaction. The buyer was not disclosed.

November 4, 2026

Acquisitions Hospitality Texas

Marcus & Millichap Brokers Sale of 73-Room Hotel in Humble, Texas

by Taylor Williams November 3, 2026

HUMBLE, TEXAS — Marcus & Millichap has brokered the sale of a 73-room Hampton Inn & Suites hotel in Humble, a northern suburb of Houston. The hotel was in 2016 and offers amenities such as an outdoor pool, fitness center, meeting rooms and a breakfast area. Rajan Patel, Skyler Cooper, Chris Gomes and Allan Miller of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

November 3, 2026

Acquisitions Hospitality Midwest Minnesota

Marcus & Millichap Brokers Sale of 164-Room Radisson RED Hotel in Minneapolis

by Kristin Harlow November 3, 2026

MINNEAPOLIS — Marcus & Millichap has brokered the sale of Radisson RED, a 164-room hotel in the Mill District of Minneapolis. Joseph Ferguson, Jon Ruzicka, Reed Gizinski and Brock Banken of Marcus & Millichap represented the seller, Choice Hotels International Inc. Ferguson procured the buyer, Minneapolis Hotel Ventures. The property is located on 1.5 acres at 609 S. Third St., two blocks from U.S. Bank Stadium and 0.2 miles from the light rail station, providing direct access to the Minneapolis-St. Paul International Airport. Built in 2016 as the first Radisson RED in the United States, the hotel features OUI Bar + Kitchen, event space and a fitness center.

November 3, 2026

Acquisitions Florida Hospitality Southeast

Gencom, White Bridge Capital Purchase 652-Room InterContinental Miami Hotel

by John Nelson November 2, 2026

MIAMI — A partnership between Gencom and locally based White Bridge Capital has purchased the InterContinental Miami, a 652-room hotel located at 100 Chopin Plaza in downtown Miami. Strategic Hotels & Resorts sold the hotel. The sales price was not disclosed, but Bloomberg reports it traded for approximately $300 million. The 34-story hotel overlooks the confluence of the Miami River and Biscayne Bay and was recently renovated. The property features 22 suites that range in size from 850 to 2,800 square feet, as well as 90,000 square feet of indoor-outdoor meeting space. Other amenities include a rooftop pool with private cabanas, full-service spa, fitness center, business center, the Club InterContinental Lounge and onsite retail space. InterContinental Miami also houses restaurants including Toro Toro, Bluewater, Starbucks Coffee and Freddy’s Speakeasy.

November 2, 2026

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