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Phoenix American Hospitality Adds Internal Wholesaler

Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has added Brad Cooke to its distribution team as an internal wholesaler. In his new...

Shopoff and Contour Real Estate JV Buy Land on Las Vegas...

A joint venture between Shopoff Realty Investments and Contour Real Estate has purchased nearly 5.3 acres of vacant land on the Las Vegas Strip...

Peachtree Hotel Group and Stonehill Name EVP of Business Development

Peachtree Hotel Group, a sponsor of private placement offerings, and its lending platform, Stonehill, have promoted Brent LeBlanc from senior vice president to executive...

Virtua Partners Completes Merger with Hotel Equities

Virtua Partners, a private equity firm specializing in commercial real estate, has completed its merger with Atlanta-based hotel operator Hotel Equities. Virtua also reportedly...

CAI Investments to Convert Harrah’s Reno Casino in Mixed-Use Opportunity Zone...

CAI Investments, a property manager/developer and private placement sponsor, has purchased Harrah's Reno Hotel and Casino for $50 million in partnership with an opportunity...

Phoenix American Hospitality Expands Sales Team with Latest Hire

Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has added Ron Rodriguez to its distribution team as regional vice president. In his new...

Lodging Fund REIT III Buys Texas Hotel Property

Lodging Fund REIT III Inc., a publicly registered non-traded real estate investment trust, has purchased Home2 Suites by Hilton hotel property located in Lubbock,...

Inland Private Closes Out First Opportunity Zone Offering

Inland Private Capital Corporation, an alternative investment management firm, has fully funded its first qualified opportunity zone fund, Saint Paul Opportunity Zone LLC, and...

Ashford to Launch Alternative Investment Platform, Considering Non-Traded REIT Space

Ashford Inc. (NYSE: AINC), a provider of asset management and other services to companies within the hospitality industry, has formed Ashford Securities LLC to...

CAI Investments Hires Former SmartStop Sales Exec as SVP of Capital...

CAI Investments, a property manager/developer and private placement sponsor, has hired James Hickey as senior vice president of capital markets. In his new role,...