Acquisitions
Buy, Sell Rhythm Beats Here and Abroad
NEW YORK—Buyers and sellers are remaining active both here and abroad as the industry heads into the fourth quarter. Crowne…
HREC
Ownership
HREC Arranges Sale of Clarion on the Lake
HOT SPRINGS, AR—HREC Investment Advisors has arranged the sale of the 150-guestroom Clarion on the Lake located here. The property…
HREC Arranges Financing for Homewood Suites in CA
OAKLAND, CA—HREC Capital Markets Group has arranged a $13 million dollar senior loan for the refinancing of the leasehold interest…
HREC Arranges Sale of Chateau Resort & Conference Center in Pennsylvania
DENVER—HREC Investment Advisors arranged the sale of the 152-guestroom Chateau Resort & Conference Center located in Tannersville, PA. Ketan Patel…
HREC Arranges Sale of Hyatt Place in Mesa, AZ
DENVER—HREC Investment Advisors has arranged the sale of the 152-room Hyatt Place Phoenix Mesa located in Mesa, AZ, to an…
HREC Arranges Sale of Holiday Inn Express in Kennesaw, GA
ATLANTA—HREC Investment Advisors recently arranged the sale of the Holiday Inn Express located in Kennesaw, GA. Banyan Investment Group has…
Industry
Hotel Investment Alert: St. Louis
Current research by HREC – Hospitality Real Estate Counselors indicates that hotel investors have been aggressively pursuing St. Louis in…
HREC Arranges Sale of Hampton Inn & Suites in Annapolis, MD
DENVER—HREC Investment Advisors has arranged the sale of the 117-guestroom Hampton Inn & Suites, located in Annapolis, MD. The buyer…
Ownership
Warmbrodt Hotel Investments Merges with HREC
KANSAS CITY, MO/DENVER—Warmbrodt Hotel Investments is strategically merging its Midwest and Texas hotel brokerage practice with HREC’s national hotel platform…
Ownership
Historic Yorktowne Hotel is Sold
YORK, PA—HREC Investment Advisors has arranged the sale of the 124-room Yorktowne Hotel, a historic, full-service hotel here, to the…