Hospitality

Moran-Hotel-CITYCENTRE-Houston

HOUSTON — Local owner-operator MetroNational has purchased the 244-room Moran Hotel within the 47-acre CITYCENTRE mixed-use development in West Houston. The hotel, which recently underwent a renovation, offers accommodations for extended stays, as well as a pool, fitness center, 15,750 square feet of meeting and event space and multiple onsite food-and-beverage establishments. Colby Mueck, Ryan West, Greyson Fewin and Robby Westerfield of JLL represented the seller, Midway, in the transaction. The sales price was not disclosed.

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La-Bahia-Resort-Santa-Cruz-CA

SANTA CRUZ, CALIF. — Sonnenblick-Eichner Co., on behalf of Ensemble Investments, has arranged $115 million in first mortgage debt to refinance La Bahia Hotel & Spa, a newly opened waterfront hotel in Santa Cruz. Madison Realty Capital, working with Newbond Holdings, provided the five-year, floating-rate, nonrecourse loan. Opened in September 2025, La Bahia Hotel & Spa features 155 guestrooms, an indoor-outdoor spa, fitness center, outdoor pool and hot tub, three distinct dining concepts, the Pearl Champagne lobby bar and 13,720 square feet of meeting and event space.

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ATLANTA — Newmark has arranged a $53 million loan for the refinancing of The American Hotel Atlanta Downtown, a 315-room hotel located at 160 Ted Turner Drive NW in downtown Atlanta. The property dates back to 1962 as downtown Atlanta’s first integrated hotel and today is affiliated with Hilton’s Tapestry Collection. Chris Kramer, Tyler Dumon, Tate Keir and Jordan Roeschlaub of Newmark arranged the loan through Structured Hotel Capital on behalf of the borrower, locally based The RADCO Cos. The owner recently executed an $11.3 million renovation for The American Hotel Atlanta Downtown’s guestrooms, public spaces, food-and-beverage options and amenities, which includes a fitness center, outdoor pool and 13,300 square feet of event space. The hotel is situated within close proximity to the Georgia World Congress Center, Centennial Olympic Park, Mercedes-Benz Stadium, State Farm Arena, the Georgia Aquarium, College Football Hall of Fame and the World of Coca-Cola.

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Panther-Hollow-Village-Marble-Falls

MARBLE FALLS, TEXAS — Rockspring is nearing completion of an 81-room Home2 Suites by Hilton hotel, as well as a Rodeo neighborhood convenience store and service station, in Marble Falls, about 50 miles northwest of Austin. Both properties are located within the Texas-based developer’s Panther Hollow Village mixed-use development. In addition, as part of the latest expansionary phase, Learning Path Childcare and Llano National Bank both recently opened branches at Panther Hollow Village.

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WISCONSIN DELLS, WIS. — Pyramid Global Hospitality has opened Dellshire Resort, a 208-room property in Wisconsin Dells within south central Wisconsin. The hotel marks the area’s first new-build resort in more than two decades, according to Pyramid. The medieval-themed property features guestrooms and suites as well as Serpent’s Bay, an indoor-outdoor aquatic complex with five pool and splash experiences, including an adults-only swim-up bar. The tavern-style Blade & Barrel anchors the five food-and-beverage outlets. Hero’s Hall features arcade games and a private party room, while dedicated meeting and event facilities are available for groups and corporate retreats. A 70-foot-long fire-breathing dragon named Golspar welcomes guests at the entrance. Las Vegas-based metal sculptor Kevin Stone created the nearly 17,000-pound structure. The two-story entrance to the property is framed by cathedral-style windows. A compass is inlaid into the lobby floor, and shields are displayed across the stone walls to pay homage to the characters of the Legends of Dellshire Mixed Reality Adventure, the resort’s signature attraction. Dellshire Resort is part of Benchmark Resorts & Hotels, a collection of independent resorts and hotels by Pyramid. Rooms start at $200 per night.

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Residence-Inn-&-Courtyard-by-Marriott-Irving-Las-Colinas

IRVING, TEXAS — PEG Cos., a Utah-based developer, is nearing completion of a 220-room dual-branded hotel in Irving’s Las Colinas district. The five-story building houses rooms under the Residence Inn and Courtyard by Marriott brands and offers shared amenities such as a pool, fitness center, 24-hour market, custom bistro and bar and three private meeting spaces. Mayse & Associates designed the property, and Muckleroy & Falls served as the general contractor. The opening is set for July.

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NEW YORK CITY — Hyatt Hotels Corp. has opened The Livingston, a 104-room hotel in Brooklyn’s Boerum Hill neighborhood that is part of the Chicago-based hospitality giant’s JdV by Hyatt collection of brands. The pet-friendly hotel offers a range of accommodations, including suites and 15 rooms with private balconies. Amenities include a rooftop terrace and multiple onsite food-and-beverage options. A partnership between St. Louis-based Midas Hospitality and ACRES Capital developed The Livingston.

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39330-Trade-Center-Dr-Palmdale-CA

PALMDALE, CALIF. — Atlanta-based developer Peachtree Group has opened the 220-key TownePlace Suites by Marriott Palmdale hotel. Located at 39330 Trade Center Drive, the hotel’s suites feature fully equipped kitchens, complimentary Wi-Fi and workspaces. Onsite amenities include complimentary hot breakfast, 24-hour fitness center, outdoor pool, pet-friendly suites, free parking and Marriott Bonvoy digital check-in. Peachtree Group’s hospitality management division will operate the hotel, which is one of the firm’s early EB-5 developments and previously received I-956F approval from U.S. Citizenship & Immigration Services. The EB-5 visa program allows foreign investors to obtain a green card in exchange for making a significant investment in a new commercial enterprise that creates jobs in the United States.

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1409-Sutter-St-San-Fran-CA

SAN FRANCISCO — CBRE has negotiated the $7.3 million sale of Sutter Mansion, a boutique hotel located at 1409 Sutter St. in San Francisco’s Japantown/Pacific Heights area. Alex Lee-Bull and Lauren Lamb of CBRE Hotels represented the seller, a partnership between Cape Town and San Francisco-based branded residential and hospitality group Neighbourgood. The buyer was confidential. Originally built in 1881 and renovated in 2019, Sutter Mansion is a Grand Victorian-style estate featuring 12 oversized guestrooms averaging 400 square feet, as well as a restaurant and bar, two commercial kitchens, event space and onsite parking.

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MCLEAN, VA. — Hilton has launched Undergraduate by Hilton, an upper-midscale hospitality brand designed to serve a range of college and university markets. Hilton’s long-term plans for the brand include growing the pipeline of collegiate-themed hotels to 400 to 500 properties, with the first Undergraduate hotel set to open next year. The model will include both new builds and conversions of hotels near college campuses. Guestrooms will be designed to invoke classrooms with adaptable layouts, study corners and functional storage. Common spaces will include lounges, library-inspired social gathering areas, a barista-led, 24-hour market and a bar program by Authentic Hospitality. Undergraduate joins Hilton’s Lifestyle portfolio of properties, which is projected to grow to 700 hotels globally by 2028, including 60 new openings this year. The brand was created following the success of the Graduate by Hilton brand, which is also part of Hilton’s Lifestyle portfolio.

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