Hospitality MarketWatch
Week of February 25th - March 1st

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California
Details Revealed for Wayfarer Hotel
Los Angeles Downtown News - February 26, 2019

EJF Capital to Develop Marriott's New "Moxy" Hotel in Oakland, CA Opportunity Zone
The News Herald - February 21, 2019

Downtown San Jose hotel tower proposal gets dozens more rooms
San Jose Mercury News - February 26, 2019

Santa Monica's Oceana Beach Club Hotel to Debut in May 2019 as Oceana Following $25 Million Transformation
Hotel Online - February 26, 2019
West
Avenue Bellevue Is Bringing Luxury Residences And An InterContinental Hotel To The Pacific Northwest
Forbes - February 22, 2019

Choice, Equinox Hospitality partner for hotels in Ariz., Calif.
Hotel Management - February 25, 2019

New SpringHill Suites Opens in Denver Area
Commercial Property Executive - February 26, 2019
Midwest
Marcus & Millichap sells 56-room Super 8 in Wisconsin
RE Journals - February 25, 2019

New Home2 Suites by Hilton Debuts in Chicago
Commercial Property Executive - February 22, 2019

Hilton Bringing New Hotel Brand to Indy
Inside INdiana Business with Gerry Dick - February 22, 2019

Developer plans suburban Hilton brand hotel
Grand Rapids Business Journal - February 26, 2019

Canopy by Hilton Opens Doors in Minneapolis' Mill District
Hospitality Net - February 26, 2019
Northeast
Pebblebrook Sells DC Hotel for $142M
Commercial Property Executive - February 27, 2019

High-rise hotel coming to site of former Midtown II Diner in Center City
Philadelphia Business Journal - February 21, 2019

Groundbreaking ceremony for 125-room hotel in Manchester's Millyard
The Union Leader - February 26, 2019

'Market At The Wilbur,' hotel and bistro to open by the end of June
Intelligencer Journal - February 27, 2019
Southeast
Historic Miami Hotel Sells for $103M
Commercial Property Executive - February 26, 2019

Starwood Capital buys trio of Marriott hotels
Business Observer - February 22, 2019

Developer completes Edgewater assemblage for Urbanica Hotel
The Real Deal Miami - February 25, 2019

Work begins on Home2 Suites hotel at Citiplace
Baton Rouge Business Report - February 25, 2019

Developers break ground on new hotels
The St. Augustine Record - February 26, 2019

CallisonRTKL designs wellness-focused Hilton Miami Dadeland
Hotel Management - February 26, 2019

Booked: 3 new hotels opening in Frederick County this year
The Winchester Star - February 26, 2019
Texas
Proper Hospitality to Open 244-Room Hotel in Downtown Austin
REBusinessOnline - February 21, 2019

Dual-Branded Best Western Hotel Debuts in Austin
Commercial Property Executive - February 26, 2019
Canada
Site Cleared for Theatre District Residence & RIU Plaza Hotel
Urban Toronto - February 21, 2019

New Four Seasons Hotel to open in Montreal
Canadian Lodging News - February 21, 2019

Hotel Equities to manage Canadian dual-brand project
Hotel Management - February 25, 2019
Other Industry News
The Upside of Opportunity Zones for Hotel Developers and Hotel Owners
Hotel Online - February 26, 2019

Tapestry Collection by Hilton Sets Sights on Ambitious 2019 Expansion with a Pipeline of 45 Hotels
EON: Enhanced Online News - February 26, 2019
Featured Listing
Gardena Development
Gardena, CA
- 2.5 Acres in Prime Location
- Minutes to StubHub Center, LAX, USC, Downtown LA and Los Angeles Stadium & Entertainment District (Host of 2020 Olympics)


Recent Closings
Holiday Inn Express & Suites Las Vegas
Las Vegas, NM
$4,800,000

Best Western Plus Villa Del Lago Inn
Patterson, CA
$8,650,000

Quality Suites / Clarion Hotel & Conference Center
Colorado Springs, CO
$7,800,000


Phoenix, AZ
(602) 687-6791
Reno, NV
 (775) 348-5228

Ontario, CA
(909) 456-3441
Baltimore, MD
 (443) 703-5027
Portland, OR
 (503) 200-2048
Ontario, CA
(909) 456-3430
Portland, OR
(503) 200-2057
West Los Angeles, CA
 (310) 909-2313
Palm Springs, CA
 (909) 456-7029
Ontario, CA
(909) 456-3420
Ontario, CA
(909) 456-7023
Baltimore, MD
(443) 703-5029