Hospitality
Midway, New Waterloo Land $40MM, 130-Room Boutique Hotel Anchoring Downtown San Marcos Push
Houston-based Midway and Austin operator New Waterloo have secured a $40 million, 130-room boutique hotel on Texas State University land, the centerpiece of...
Austin Posts 11% Hotel Occupancy Gain During World Cup Without Hosting a Single Match
Austin's hotel market recorded double-digit occupancy and revenue gains during the FIFA World Cup while Houston and most other U.S. host cities watched...
Peachtree Group to Open 19-Story, 264-Room Dual-Branded AC Hotel and Moxy Tower in Uptown Dallas
After a seven-year path from concept to keys, Atlanta-based Peachtree Group is preparing to open a 19-story tower in Uptown Dallas that stacks...
Driftwood Capital Refinances 300-Room Hilton at Plano’s Granite Park After $8.5MM Renovation
Driftwood Capital has secured a three-year, floating-rate refinancing on its newly renovated 300-room Hilton Dallas Plano Granite Park, arranged by JLL, betting that...
87-Room AVID by IHG in North Fort Worth Hits Market at $9.14MM
A five-year-old, 87-room AVID by IHG in the fast-growing Fossil Creek submarket of North Fort Worth is being offered for sale free of...
Pacifica Hosts’ 323-Room Holiday Inn Austin-Town Lake Enters Special Servicing on $26MM CMBS Loan
A 323-room downtown hotel on the shore of Lady Bird Lake has slipped into special servicing after its debt-service coverage nearly evaporated, marking...
Shreem Capital Nears Completion of 77-Room Aztec Hotel on San Antonio’s River Walk, Betting on Boutique Amid Market Headwinds
A decade-long effort to transform the upper floors of San Antonio's landmark Aztec Theatre into a boutique hotel has reached its final stretch,...
IBC-Backed Whitecap Resort Hits the Market as 240-Acre North Padre Island Master Plan Draws Early Buyer Interest
Diamond Beach Holdings, a subsidiary of $16.8 billion International Bancshares Corporation, has retained Avison Young to market Whitecap Resort for sale, positioning the...
