Hospitality/Fractional Ownership
The Dirty Dancing Hotel Reincarnates As Billionaire’s Yoga Hub

The Dirty Dancing Hotel Reincarnates As Billionaire’s Yoga Hub

Posted 07.06.2015 | Categories: Featured, Hospitality/Fractional Ownership | No Comments

The historic hotel in upstate New York that inspired the 1987 film “Dirty Dancing” will come to be known for its downward dog. An Indian billionaire is transforming Kutsher’s Country Club, once an all-inclusive getaway for Jews, into a $250 million yoga center for wealthy New Yorkers. Subhash Chandra, chairman of Essel Group, was present […]

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NY Investors Buy Sheraton Miami Airport For $42M

Posted 06.24.2015 | Categories: Hospitality/Fractional Ownership | No Comments

  Dune Real Estate Partners also landed a $56M loan for the 405-room hotel  Thayer Lodging, a private hospitality investment company based in Annapolis, Maryland, sold the Sheraton Miami Airport Hotel and Executive Center for more than $104,000 per room, Miami-Dade County records show. An affiliate of Dune Real Estate Partners paid $42.3 million for the […]

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Hospitality industry fuels Nashville’s growth

Posted 06.24.2015 | Categories: Hospitality/Fractional Ownership | No Comments

When you spot a tourist downtown or in your neighborhood, remember to smile. Making sure that tourists keep visiting Nashville is key to our city’s continued growth and success. This year, Travel+Leisure gave Nashville the top ranking as the friendliest city in America, as well asthe best music scene in the country. This type of […]

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Hotel Bill Promises Nothing But Trouble For Real Estate Industry

Posted 06.01.2015 | Categories: Hospitality/Fractional Ownership | No Comments

On Thursday, the City Council approved a bill which severely impedes hotel owners’ rights and ability to convert guest rooms in their buildings into condo apartments. Specifically, this bill would mandate a waiver fromthe city Board of Standards and Appeals in order for owners of hotels with 150 rooms or more from converting over 20 […]

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HFF Closes Sale of Beach Resort in Naples, Florida

Posted 05.27.2015 | Categories: Marinas, Hospitality/Fractional Ownership | No Comments

Pebblebrook Hotel Trust has made its first acquisition in Naples, Fla., and its third in the state with the purchase of the LaPlaya Beach Resort, a 189-key, luxury boutique resort on the Gulf of Mexico for $185.5 million. Holliday Fenoglio Fowler, L.P. marketed the property on behalf of the seller, a partnership between affiliates of […]

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Student Housing: Edison Inn gets new owner; county to build convention center

Posted 11.03.2011 | Categories: Student Housing, Hospitality/Fractional Ownership, Transit Development | No Comments

The Thomas Edison Inn — and surrounding property in Port Huron — is getting an upgrade.

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Hospitality: Chetrit revealed as Hotel Chelsea buyer

Posted 05.16.2011 | Categories: Hospitality/Fractional Ownership | No Comments

The buyer paying upwards of $80 million to take over the legendary Hotel Chelsea has been revealed as New York real estate developer Joseph Chetrit.

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Hospitality: Helmsley Hotel to be sold for $310M

Posted 01.26.2011 | Categories: Hospitality/Fractional Ownership | No Comments

The estate of Leona Helmsley has reached a deal to sell the New York Helmsley hotel to Host Hotels & Resorts Inc. for more than $310 million.

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Hospitality: Colony Gets Boutique-Hotel Partner

Posted 01.19.2011 | Categories: Hospitality/Fractional Ownership | No Comments

Colony Capital LLC has purchased a minority stake in Sam Nazarian’s company, betting that the 35-year-old Los Angeles night-club and hotel impresario will be the boutique-hotel industry’s next big name.

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Hospitality: Elite or Expansionist? Soho Clubs Want to Be Both

Hospitality: Elite or Expansionist? Soho Clubs Want to Be Both

Posted 09.08.2010 | Categories: Hospitality/Fractional Ownership | No Comments

Nick Jones, the founder of Soho House, a chain of members-only clubs that includes an outpost here, knows about exclusivity.

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