A four-story building in Chicago’s Gold Coast that has long been eyed by developers as a potential high-rise residential site has sold to a local firm that plans to keep it as retail — at least for now.
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.
"Cautious optimism" is among the most common cliches heard across the hotel industry every year, but still an apt description of how many hoteliers felt at the start of 2025.
For hotel owners, launching a new property or renovating an existing one is a high-stakes endeavor. Many assume hiring a general contractor and architect is enough to keep things on track.
The mood of the hotel industry noticeably shifted through the course of 2025, and there might be no better barometer tracking that shift than the tone of commentary at major hotel industry events throughout the year.
2025 was by most measures a difficult year for the hotel industry, but most hoteliers and experts looking for just a single word to describe the year focus on how companies have been able to weather the storm rather than overcome the storm itself.
Following two years of restrained transaction activity, the Los Angeles retail market began to show signs of life in 2025. Through mid-December, sales volume reached approximately $3.9 billion, representing a 21% increase compared to the previous year's transactions. In comparison to 2023, this year's activity reflects 13% growth.
The founder behind Japanese rice snack chain Onigilly is preparing a retail rollout that aims to turn the once-niche food ubiquitous in Japan into a fixture in Southern California's shopping centers as small food spaces become more common in U.S. malls.
A sale of more than 115 JCPenney stores around the country for $947 million to Onyx Partners has collapsed after the purchase wasn't completed by a Dec. 26 deadline.
For a year with major macroeconomic uncertainty, rising geopolitical tensions and other significant headwinds, the U.S. hotel transaction market did well, all things considered.
After a somewhat slower start to the year, the U.S. hotel industry saw several high-priced deals close in the last half of 2025, many of which were in or near the final months.
To wrap up an interesting year for the hotel industry, the Next Gen in Lodging podcast hosts got together for a final 2025 episode to reflect on the year behind them and share key takeaways for what lies ahead.
Restaurant closings in and around Washington, D.C., increased more than 25% this year, with midpriced establishments hit the hardest, as the industry endured mounting obstacles to attract diners and make a profit.
A former Sears store that was converted into apartments on Chicago’s North Side has sold for $29 million in a deal that resolves a foreclosure suit and adds to a busy year for multifamily transactions.
President Donald Trump recently issued an executive order directing the reclassification of marijuana as a less dangerous drug. The move could be a first step toward attracting new investments with wide-ranging effects in real estate and the broader U.S. economy.
