Wells Fargo Provides $360M For Carmel Partners’ Historic Hotel Redevelopment in DC
Carmel Partners has secured a $360 million construction loan for its planned redevelopment of the former Washington Marriott Wardman Park Hotel in Washington, D.C., according to papers filed with D.C’s Recorder of Deeds…
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Goodbye golf. The next big luxury amenity is a big wave surf pool
Someday, people could look out their windows and see surfers carving through picture-perfect barrels, hundreds of miles from the nearest ocean. More and more, it seems that real estate developments have to have a hook…
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Group business travel drives strong hotel REIT performance in Q2 2023
Stronger business group travel demand helped propel earnings metrics for hotel real estate investment trusts during the second quarter, according to an S&P Global Market Intelligence analysis.
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