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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...

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...

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,...

Phoenix American Hospitality Launches Reg A REIT Offering

Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has launched its $50 million Regulation A offering, American Hospitality Properties REIT Inc., to invest...

Virtua Partners Buys Hotel Development in Winston-Salem Opportunity Zone

Virtua Partners, a private equity firm specializing in commercial real estate, has purchased a 126-room Courtyard by Marriott currently under construction in a Winston-Salem,...

CAI Investments Closes $86.5 Million Construction Loan for Future Westin Hotel...

CAI Investments LLC, a property manager/developer and private placement sponsor, has secured financing for construction of the Westin by Marriott hotel in Tempe, Arizona....

Starwood REIT Updates Monthly NAV Per Share

Starwood Real Estate Income Trust Inc., a perpetual-life monthly NAV REIT sponsored by an affiliate of Starwood Capital Group, has updated the monthly net...

Starwood REIT Buys Multifamily Property Near Washington D.C. for $86.7 Million

Starwood Real Estate Income Trust Inc., a perpetual-life monthly NAV REIT, has purchased Concord Park Apartments in Laurel, Maryland for $86.7 million, excluding closing...