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Apple Hospitality REIT purchases $126M portfolio; more transactions

Apple Hospitality REIT has acquired two hotels in Texas and one in Oregon for $126 million, while other properties have changed hands across the
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Hotels change hands in California and Maine

Properties on both coasts have new owners, including a historic hotel in San Francisco. Villa Florence An affiliate of AWH Partners LLC and The
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Transactions and financing heat up

In acquisition and financing news, Apple Hospitality REIT has acquired an AC Hotel in Maine, while Hall Structured Finance and Arriba Capital have closed
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JV acquires 20-hotel portfolio from Apple REIT for $211M

A joint venture between Flynn Properties Inc., owner of commercial real estate, luxury resorts and select-service hotel properties in America and abroad, and Värde
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Homewood Suites launches new prototype, brand refresh

Homewood Suites by Hilton, one of the company’s extended-stay brands, has revealed a brand refresh complete with a new prototype design, ‘Prototype 10.0,’ and
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Four Companies Report Third-Quarter Results

NATIONAL REPORT—Four hospitality companies have posted their results for the third quarter ended Sept. 30. They are: Sunstone Hotel Investors Sunstone Hotel Investors, Inc.
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Newport Hospitality Group Selected to Manage Three Hotels

WILLIAMSBURG, VA and RICHMOND, VA—Newport Hospitality Group Inc., (Newport), a hotel management company, has recently been selected to manage three additional hotels by Apple
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A Trio of Management Deals

NATIONAL REPORT—Across the U.S., companies are securing management deals. Here’s more from Stepstone, Crestline and HEI. Stepstone Hospitality to Manage Le Méridien Dallas Rhode
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Hotels Change Hands in the South

NATIONAL REPORT—Sandpiper Lodging Trust, Apple Hospitality REIT and Crystal Investment Property have recently completed hotel transactions. Here’s more on the recent sales in the
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