Hotel REIT Buys Old Humble Oil Building in Houston
HOUSTON – RLJ Lodging Trust acquired the historic Humble Oil Building complex in downtown Houston for $79.5 million or $151,000 per room for what will...
Category : Hospitality
Hotel Planned for Westchase Area of Houston
HOUSTON – A prominent site in the Westchase District of west Houston, where a number of energy firms have been expanding, has been purchased for hotel...
Historic St. Anthony Hotel of San Antonio Sold
SAN ANTONIO – The St. Anthony Hotel, a 352-room, historic hotel in San Antonio, has been purchased by San Antonio-based BC Lynd, which will spend...
Houston Proposing Hotels and Expansion to Convention Complex
By Ralph Bivins HOUSTON – A major expansion to Houston’s downtown convention center district calls for the construction of three new hotels, a new wing...
Hotel Zaza Refinances $50 Million
HOUSTON – HFF has arranged a $50 million refinancing for Hotel Zaza, a 315-room luxury hotel in Houston’s Museum District. HFF worked on behalf of...
NBA Star David Robinson’s Admiral Fund Buys Stake in Houston Hotel
HOUSTON – The Admiral Capital Real Estate Fund LP announced the acquisition of a preferred equity interest in the Hilton Garden Inn Houston Energy Corridor...
Wells REIT Buys Houston Office Building
HOUSTON – Wells Core Office Income REIT has acquired the Westway II building in west Houston. Westway II is a 242,374 square foot Class-A office...
Eagle Ford Shale Drilling Prompts Mixed-Use Project
KENEDY, Texas – The Eagle Ford shale gas exploration play south of San Antonio has prompted Abrego Development to start Kenedy Station, a 166-acre mixed-use...
New Convention Hotels for Austin
Two convention hotel proposals are being floated in Austin. Manchester Financial of San Diego has proposed to build a 1,035-room hotel at the northeast corner...