National
Blackstone sells MGM Grand, Mandalay Bay stakes
Blackstone is folding its hand at a pair of Las Vegas hotels, selling to its stake partner at the...
Hotel Market
The Latest
Facing foreclosure, world’s tallest Holiday Inn files for bankruptcy
The Holiday Inn hotel in the Financial District filed for bankruptcy as its owner looks to avert foreclosure. Developer...
National
Hyatt to acquire Dream Hotel Group for up to $300M
Hyatt has agreed to acquire Sant Singh Chatwal’s Dream Hotel Group for up to $300 million. The deal, which...
Massive loan on Maefield’s 20 Times Square in trouble
The nightmare at 20 Times Square is far from over. A $900 million loan on the Maefield Development property...
Top 10 Manhattan loans: Big lending enters deep freeze
Major real estate lending in Manhattan has literally been decimated in the past year. The 10 biggest real estate...
Insights
TRD Pro: Biggest hotel sales of the past year
The following is a preview of one of the hundreds of data sets available on TRD Pro — the...
Pension funds pull back on commercial real estate
Pension funds are pulling back on their commercial real estate binge as borrowing rates rise. The retirement funds are...
Lights out: Why more than 10,000 hotel rooms remain closed
The DoubleTree Metropolitan is a quintessential Manhattan hotel. Not a five-star, white-glove venue or hip party spot, but part...
Korean firm in talks to buy Cipriani hotel in Seaport
A South Street Seaport hotel run by the Cipriani family may soon have a new owner in Sono Hospitality,...
Chartres acquires Theater District hotel for $50M
Chartres Lodging is giving new life to its New York City hotel portfolio. The San Francisco-based investment group paid...