$300M for distressed.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
KHP Capital Partners has closed another hotel fund, raising $300M, which will be invested in several projects in the asset class. KHP Fund VI has already made three moves.
www.globest.com/2025/04/25/k...
$2B for Hospitality.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
Tortuga Resorts has struck a $2B deal to acquire Hyatt Hotels Corp.'s recently purchased Playa real estate portfolio, which includes 15 overseas resorts.
www.globest.com/2025/06/30/t...
Hospitality REIT sale.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
The luxury hotel REIT said it doesn’t believe it “can flourish in today’s market environment” and will begin the sales process immediately.
www.hotelinvestmenttoday.com/Deals/Merger...
Hospitality market.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
YTD through April luxury RevPAR grew by 7.1%, while economy hotels saw only a 0.9% increase, compared to same period last year.
shorturl.at/OaiqJ
Gulf $200M
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
Blackstone is acquiring a Florida Gulf portfolio for $200M.
The Sunseeker Resort Charlotte Harbor, built in 2023 sits on 22 waterfront acres and features a total of 785 rooms.
www.globest.com/2025/07/08/b...
$250M for Hotels.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
Peachtree Group is looking to take advantage of what it sees as an undervalued and mispriced hotel landscape. That's why they have launched a Fund, aiming to raise $250 million.
www.globest.com/2025/07/22/p...
Hotel Optimism.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
CEO of Hilton, said there remains several reasons for optimism, including continued strong net unit growth across their system and a more business-friendly environment in the US.
www.costar.com/article/5497...
$400M in SoBe.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
Terra and Turnberry are set for their Miami Beach hotel project after years of planning. The two developers have secured $392 million in construction financing from TYKO Capital.
www.globest.com/2025/04/11/t...
Built not bought.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
Q1 gave demonstrated a boom in hotel construction, planned or underway, especially in five MSA's. The forecast extends into 2026.
www.globest.com/2025/04/30/t...
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
Q1 Hotel Survey includes 83 single asset transactions $10M+ totaling $2.8B and including 13,900 hotel rooms with an average deal size of $33M, an average sale PPK of $202,000.
www.globest.com/2025/05/06/h...
Performance.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
Performance remained mostly steady year over year.
May 2025 (percentage change from May 2024):
Occupancy: 65.3% (-0.7%)
(ADR): US$162.72 (+0.8%)
(RevPAR): US$106.30 (+0.1%)
www.hotel-online.com/press_releas...
Hotel Insurance.
#HotelCRE
#CommercialInsurance #CommercialDebt #CommercialRealEstate
Distinguished Hotel Insurance program offers high-limit protection tailored to the unique needs of hotel properties. With coverage extending to over 20% of the nation’s rooms.
distinguished.com/blog/5-reaso...
$570M.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
Starwood is looking to change the structure of its $577M commercial mortgage-backed security (CMBS) loan that covers 65 hotels across the country.
#BringToMarket #ItsTimeToMarket
www.globest.com/2025/03/21/s...
Optimism.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
There's renewed interest from investors, with more deals in the pipeline, increased refinancings, and improving transaction volume.
www.globest.com/2025/03/13/o...
Plan B.
#HotelCRE
#CommercialRealEstate #CommercialCapital #CommercialInsurance
In a global economy, hotel companies, like many others in the U.S., rely on foreign goods because of lower prices as well as domestic manufacturing capacity.
www.costar.com/article/4840...
Hosp-risks.
#HotelCRE
#CommercialInsurance #CommercialDebt #CommercialRealEstate
Hotel property insurance cost around $495 per available room in 2019; through August of this year, the cost had increased by almost $200 to around $683.
#BringToMarket
#ItsTimeToMarket
www.costar.com/article/2424...
Traded.
#HotelCRE
#CommercialInsurance #CommercialDebt #CommercialRealEstate
Among the noteworthy deals of the past week was HSL Properties’ acquisition of two hotels in Mesa, Arizona, from Power Hotel Group for $50.25M.
#BringToMarket
#ItsTimeToMarket
www.hotelinvestmenttoday.com/Deals/Transa...
$2.6B Resort.
#HotelCRE
#CommercialInsurance #CommercialDebt #CommercialRealEstate
Hyatt made a huge acquisition to expand international presence and boost luxury offerings. Today, they announced plans to acquire Playa Hotels & Resorts for $2.6B #BringToMarket
www.globest.com/2025/02/10/h...
Bullish.
#HotelCRE
#CommercialInsurance #CommercialDebt #CommercialRealEstate
Hotel investors are increasingly positive about the direction of the market, with 94% saying they expect to maintain or increase their investments this year
#BringToMarket
#ItsTimeToMarket
www.globest.com/2025/01/31/u...