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Hilton Brooklyn New York Unveils $5.5M Renovation, Blending Modern Comfort with Historic Charm

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SHERIDAN, WYOMING – April 8, 2025 - A revitalized guest experience rooted in Brooklyn’s storied past
Hilton Brooklyn New York has officially completed a sweeping $5.5-million renovation, elevating the guest experience while honoring the building’s rich maritime history. Managed by HHM Hotels and owned by Ohana Real Estate Investors, the refreshed hotel now features contemporary updates across its guestrooms, meeting spaces, and public areas.

Hunter Secures $31.47M in Strategic Hotel Financing Across Three Key U.S. Markets

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SHERIDAN, WYOMING – April 8, 2025 - In a significant move reflecting ongoing confidence in the U.S. hospitality sector, Hunter Hotel Advisors has successfully closed $31.47 million in financing for three hotel properties located across Texas and South Carolina. The transactions highlight diverse lending sources, healthy market dynamics, and a continued appetite among lenders for well-positioned assets in strong-performing markets.

Strong Lending Momentum for Key Hotel Assets

Nightcap Management Expands Portfolio with Acquisition of Two Premier Hotels in Glenwood Springs, Colorado

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SHERIDAN, WYOMING – April 8, 2025 - Leading Midwest Hospitality Developer Invests in Thriving Colorado Travel Market

Nightcap Management, a full-service hotel development and management company based in Lincoln, Nebraska, has acquired the 70-room Hampton Inn Glenwood Springs and the 64-room Holiday Inn Express Glenwood Springs. The adjacent properties are located in the heart of Glenwood Springs, Colorado—a region experiencing sustained growth as a prime drive-to leisure destination.

Legendary Capital Finalizes $10.1M Sale of Indianapolis Holiday Inn Express, Citing Strategic Growth Plan

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SHERIDAN, WYOMING – April 8, 2025 - Strategic divestiture reflects strong market position and proactive asset lifecycle approach
Legendary Capital, a leading hotel asset management firm, has officially sold its Holiday Inn Express property in Indianapolis for $10.1 million. The sale underscores the company’s disciplined investment strategy and commitment to maximizing value across its portfolio.

Fairfield Inn & Suites in Avon, Ohio Sold by Laurel Real Estate Co. Strategic Cleveland-Area Hotel Changes Hands in Competitive Market

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SHERIDAN, WYOMING – April 8, 2025 - Boutique Brokerage Facilitates Successful Hotel Sale in High-Demand Cleveland-Area Market

In a noteworthy transaction for the Greater Cleveland hospitality scene, the Fairfield Inn & Suites in Avon, Ohio has officially changed ownership. Laurel Real Estate Co., a boutique real estate brokerage and proud member of Hotel Brokers International, served as the sole brokerage in the sale, exclusively representing the seller.

Strategic Location Fuels Investor Interest

Sonesta Select Minneapolis Eden Prairie Sold to Local Operator, Signaling Hospitality Market Rebound

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SHERIDAN, WYOMING – April 8, 2025 - Sonesta Select Minneapolis Eden Prairie Sold to Local Operator in Promising Market Move New ownership signals confidence in Twin Cities hospitality recovery HREC Investment Advisors has successfully arranged the sale of the 149-room Sonesta Select Minneapolis Eden Prairie, marking a notable transaction in the Twin Cities hotel market. The property, located in Eden Prairie, Minnesota, was acquired by Eden Hotels LLC, a local owner/operator based in Minneapolis.

Lina Scherer Appointed as New President of CoreNet Global Central Europe

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SHERIDAN, WYOMING – April 8, 2025 - A strategic leadership transition at the forefront of corporate real estate

Lina Scherer, Vice President of Corporate Real Estate Management Europe at Schaeffler, has officially assumed the role of President of CoreNet Global (CNG) Central Europe as of April 1, 2025. She takes over from Locke McKenzie, who held the position since April 2023 and will continue to serve on the board as Past President.

Corporate Real Estate Salaries Continue to Climb in 2024, CoreNet Global Survey Reveals

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SHERIDAN, WYOMING – April 8, 2025 - Corporate Real Estate Professionals See Continued Salary Growth in 2024, CoreNet Global Reports

Strong Salary Increases and Positive Outlook for CREM Experts

Corporate Real Estate Management (CREM) professionals continue to experience steady salary increases, according to the latest CoreNet Global End User Compensation Survey 2024. Conducted in partnership with Ferguson Partners, the survey highlights notable compensation trends across the corporate real estate industry.