ChicagoMar 8, 2025Digging into Chicago’s biggest brokers and buildersPlus, muddled foreclosure lawsuits threaten suburban CRE investments, River North mastermind Al Friedman opens up and more Chicago real estate news
ChicagoMar 6, 2025Skokie hotel developer E&M faces messy foreclosure on $24M construction loanLender’s lawsuit is the latest setback in three years of delays on a Homewood Suites by Hilton planned for downtown Skokie by local developer
Los AngelesMar 5, 2025LA County hotel development balks at inflation, interest ratesDespite statewide hospitality doldrums, LA has 23 hotels with 2,833 rooms under construction: Atlas
New YorkMar 4, 2025Han’s Holding Group offloads Chelsea hotel for $50MRaymond Chau purchased 169-key Hilton Garden Inn
ChicagoMar 4, 2025Struggling Sonder ditches River North hotel, landlord sues for $4MDispute arises after Hawkins Way Capital, owner of 60-room Found Hotel, dodged foreclosure last year
Los AngelesFeb 21, 2025Mike Barry gets nod for seven-story hotel in KoreatownProject would stack 60 guest rooms, 20 apartments and retail under one roof
SeattleFeb 21, 2025Urban Villages to open 120-room hotel in Seattle’s historic Pioneer SquareSix-story hotel, converted from a 118-year-old warehouse, to include area’s first rooftop bar
New YorkFeb 19, 2025Alex Sapir boots Highgate from NoMo Soho hotel Tel Aviv Stock Exchange filing shows Crescent Hotel Management to take over
NationalFeb 10, 2025Hyatt acquiring resort operator for $2.6BHotel company adding Playa Hotels to all-inclusive portfolio
ChicagoJan 29, 2025Cook County Assessor Fritz Kaegi says its time for commercial owners to pay upKaegi has been implementing assessment methods to shift burden away from homeowners
ChicagoJan 29, 2025Hotelier Yen accused of dodging investors, debt restructuring firm, tax attorneySu-Mei Yen’s real estate and lodging operations have so far avoided losing three hotels to foreclosure, but lawsuits are piling up
NationalJan 24, 2025Host Hotels looks to unload “noncore” property portfolio, valued at over $1BAssets may include Grand Hyatt San Francisco, W Seattle
Washington D.C.Jan 23, 2025Trendy DC hotel auctioned, but not to Elon MuskLender Acore Capital sole bidder on The Line DC
New YorkJan 21, 2025Blackstone snaps up Kimpton Hotel Eventi for $175MChelsea property features 292 rooms, three restaurants
San FranciscoJan 15, 2025Hotel development stalls across the Bay Area and all of CaliforniaDevelopment pipeline dries up as 75% fewer properties opened last year in region
ChicagoJan 15, 2025Bally’s seeks key property tax break for $1.7B Chicago casinoGambling firm faces potential political roadblocks with bid to cut assessments by more than half over a decade
ChicagoJan 15, 2025Reinsdorfs, Wirtzes unveil look at $7B Near West Side makeoverSurroundings of United Center to undergo $400M facelift in initial phase of 1901 Project
New YorkJan 8, 2025Joseph, Meyer Chetrit face foreclosure threat at Times Square hotel Mack Real Estate suing over alleged $223M debt at 250 West 43rd Street
Tri-StateJan 7, 2025Luxury hotel brand Habitas closes its US debut in Hudson ValleyHotelier André Balazs’ manor only opened three years ago in Staatsburg
BostonDec 17, 2024Rockpoint, Highgate refinance Boston Harbor hotelBarings provided $115M loan for Renaissance Boston Seaport Hotel