The Atlanta-based investment firm is more than halfway to its $200 million target for its value-added Noble Hospitality Fund II, which is targeting lodging properties throughout the US.
2 min read · 27 August 2013
The San Francisco-based firm has garnered $203 million in equity commitments on behalf of its KHP Fund III, which will be used to target hotel properties in North America.
2 min read · 27 August 2013
The Boston-based real estate investment firm, along with its joint venture partners, has sold the Flatotel on 135 West 52nd Street and the Alex Hotel on 205 East 45th Street. The properties had been put in receivership after their original owner reportedly defaulted on the debt.
2 min read · 27 August 2013
Dubai-based investment bank SHUAA Capital has stopped investing from its two private equity funds but says it will stick with its land-buying hospitality fund.
2 min read · 18 January 2013
The New York global asset manager has formed a strategic partnership with Driftwood focussed on acquiring and repositioning hotels across the US.
1 min read · 18 January 2013
The Banyan Tree China Hospitality Fund is the second private equity real estate fund to be closed by Banyan Tree Capital since its inception in 2007.
2 min read · 18 January 2013
A joint venture partnership between AREA Property Partners and Aimbridge Hospitality has acquired three Hyatt branded hotels in Chicago.
1 min read · 24 January 2013
Mountgrange Investment Management, which raised its debut opportunity fund in 2009, is backing a venture to develop 15 London budget hotels under a franchise agreement with Tune Hotels run by Asia entrepreneur Tony Fernandes.
3 min read · 24 January 2013
The London-based firm has hired former Invesco Real Estate professional Jochen Schäfer-Surén as a partner as it seeks to grow into the hotel and leisure sector.
2 min read · 24 January 2013
Morgan Stanley Real Estate Investing has secured refinancing for a 13-hotel strong portfolio in Japan originally bought for ¥280bn in 2007.
1 min read · 24 January 2013
