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Kevin Davis named JLL Americas CEO, Hotels & Hospitality
06
JLL announced today that Senior Managing Director Kevin M. Davis has been named Americas CEO of its Hotels & Hospitality division. Davis, who leads
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MCR closes $300M hospitality fund
06
MCR, the seventh largest hotel owner-operator in the United States, has closed a $300 million fund that should give it $1 billion in purchasing capacity.
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Debt funds emerge as hotel financing source
05
Debt funds are emerging as a major source of financing for hotels in the U.S. The sector is taking prominence as other lenders with significant existing
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Experts forecasting chill in NYC hospitality market
05
Despite a record-breaking year of tourism in New York City, with 60 million people visiting the Big Apple, the hotel market is in a slump.
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Gotham launches hospitality, asset management divisions
05
Gotham, the New York real estate developer, has launched two new business divisions. Gotham Properties is a a new property and asset management division
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Marx signs Snow Phipps in move to become office world’s soul proprietor
05
Marx Realty (MNPP) is set to welcome private equity firm Snow Phipps to 545 Madison, the 18-story Plaza District tower where Marx is attempting to give
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Colony exits hospitality sector with $2.7 sale to Highgate, Cerberus
05
Colony Capital has closed on its $2.7 billion sale of its six hospitality portfolios to Highgate and an affiliate of Cerberus Capital Management.
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Iconic Hudson Hotel sold
05
Greenwich, CT-based Eldridge has acquired the iconic Hudson Hotel in midtown, along with the Delano South Beach in Miami. A holding company with network
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Digital nomads, free-range travelers setting new course for hospitality sector
04
By Pam Knudsen As the world struggles to control the spread of Covid-19, the travel and lodging sectors continue to navigate the unprecedented turbulence
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Offices adopt hotel mentality as extended stay becomes new normal
06
Hospitality has become a driving force in the office rental market. Along with conference rooms and gyms, features that have long been associated hotels
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French owners bid au revoir to The Broome Hotel
06
One of Soho’s most popular boutique hotels is going up for sale. Adelaide Polsinelli, a vice chairman at Compass, has been tapped to market the 14-room
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Holliday Fenoglio Fowler arranges $126M refinancing of Mondrian Park Avenue
05
Holliday Fenoglio Fowler announced the $126.57 million refinancing of the Mondrian Park Avenue, a 190-room, luxury hotel in Manhattan. The HFF team worked