Commercial real estate finance and advisory firm Walker & Dunlop Inc. reported that it closed the single largest land acquisition loan in Miami that will eventually be the home of an Aman-branded luxury hotel.
The Atari Hotel — a video game-inspired hospitality endeavor planned for Phoenix — has spent years in development in the creative studio. Now, the first-of-its-kind, 91-key property has a new construction timeline and funding plan.
A year that began with high hopes for strong UK real estate activity had, by the time of the Mipim real estate conference in March, already become bogged down by concerns over global tariffs and economic uncertainty. It has only really began to show signs of sparking back into life after the government's much-delayed November Budget.
This week's column examines a wave of CMBS hotel deals, a downgrade for bonds backed by California office buildings leased to Apple, and affordable housing driving a $173 million Freddie Mac transaction. Read the entire piece by clicking "read more" below.
Mix Manchester has received a £42 million investment boost from the Greater Manchester Pension Fund towards the development of the North of England's largest Premier Inn.
A development site in one of the few areas of Miami with permission to build a supertall tower has hit the auction block with bids starting at $72 million.
Hong Kong-based Mandarin Oriental Hotel Group’s move to become a privately held company has taken a major step forward, according to news from the London Stock Exchange.
Realty Income has agreed to make an $800 million preferred equity investment in Blackstone's Aria Resort & Casino and Vdara Hotel & Spa, setting up a multibillion-dollar refinance of the 5,500-room portfolio on the Las Vegas Strip.
Aviva Investors, the global asset management business of Aviva, has completed an £175 million loan to The Arora Group to finance its acquisition of the Ministry of Justice's office in St James's in central London.
As U.S. theme parks head into the peak of the holiday promotion season this week, their operators are facing more challenges in returning to pre-pandemic attendance and revenue.
Private equity firm KSL Capital Partners has secured $553 million in financing for a 23-property hotel portfolio, marking its second major hospitality refinancing this fall.
PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, has agreed the refinancing of its existing loan with Aareal Bank for the Park Plaza London Riverbank on the Albert Embankment.
