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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...

Phoenix American Hospitality Expands Sales Team with Two New Hires

Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has appointed Conan Porter as regional vice president and wholesaler for the southwest region and...

Phoenix American Hospitality Closes $50 Million Reg D Offering

Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has closed its $50 million Regulation D offering, American Hospitality Properties Fund III LLC. American...

Starwood REIT Buys Florida Office Portfolio for $231 Million

Starwood Real Estate Income Trust Inc., a perpetual-life monthly NAV REIT, has purchased the Florida Office Portfolio, a Class A office portfolio totaling 1.27...

Phoenix American Hospitality Names VP of Acquisitions and Asset Management

Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has hired Jan Kuehnemann as vice president of acquisitions and asset management. In his new...