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What We're Reading

  • Feb-18, 2014

    Starwood Capital Eyes Possible IPO

    Barry Sternlicht, Starwood Capital Group’s founder, chairman and CEO, has been talking to banks about a possible IPO for the company, according to reports in the Wall Street Journal and on Bloomberg.

  • Feb-11, 2014

    Standard Hotel to Fetch a Postcrisis Record

    The Wall Street Journal

    The Standard Hotel in Manhattan's bustling Meatpacking district became famous a few years ago when some of its more brazen guests disrobed in front of its floor-to-ceiling windows. Now the downtown hot spot is raising eyebrows for a different reason: a near-record sales price.

  • Feb-10, 2014

    La Quinta Files to Go Public in Latest Blackstone-Backed IPO

    Bloomberg News

    La Quinta Holdings Inc., the Blackstone Group LP-backed midpriced hotel chain, filed to raise $100 million in an initial public offering in the U.S.

  • Feb-04, 2014

    Phil Ruffin palns 400-key Condo-Hotel on North Hutchinson Island

    Treasure Coast Newspapers

    Plans to build a 400-bed condo-hotel at the site of the old Radisson Hotel on North Hutchinson Island are moving forward despite a change in land ownership.

  • Feb-05, 2014

    Group working deal to buy Hyatt in Downtown Jacksonville

    Jacksonville Business Journal

    A group that specializes in hospitality properties is working to buy the Hyatt Regency Jacksonville Riverfront, according to sources familiar with the transaction.

  • Jan-24, 2014

    Marriott Renaissance hotel planned at Gateway Center

    Atlanta Business Chronicle

    Grove Street Partners could break ground this summer on a full-service Marriott Renaissance at its Gateway Center mixed-use project in College Park, according to real estate sources.

  • Jan-24, 2014

    Wyndham RiverWalk Jacksonville under contract

    Jacksonville Business Journal

    A buyer is under agreement to acquire the Wyndham RiverWalk Jacksonville on Downtown’s Southbank.

  • Jan-29, 2014

    Developer eyes key Gulch site for boutique hotel

    Nashville Post

    MarketStreet Enterprises is hoping to develop a boutique hotel in The Gulch and is pursuing options with potential operators.

  • Jan-30, 2014

    Claremont Hotel in East Bay being eyed for purchase by Fairmont Hotel group

    Inside Bay Area Business

    The Claremont Hotel Club & Spa in the Oakland-Berkeley hills is being eyed for purchase by the hotel group that owns the iconic Fairmont hotels in San Francisco, San Jose and Banff and the landmark Plaza Hotel in Manhattan, hotel industry sources said Wednesday.

  • Jan-22, 2014

    More hotel rooms coming to Mag Mile market

    Crains Chicago Business

    About seven months after finishing one big downtown hotel development, Albert Friedman and White Lodging Services Corp. are tag-teaming on another one just off North Michigan Avenue.

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