PMZ Realty Capital LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, announced today that it arranged acquisition financing for the Courtyard by Marriott Austin – University Area located in Austin, Texas. The $20.75M non-recourse acquisition loan with a flexible floating rate priced over SOFR was provided by a portfolio lender to cover 73% of the overall total project costs.
Hyatt completes dream hotel group acquisition
Hyatt Hotels Corporation today announced the completion of the Dream Hotel Group lifestyle hotel brand and management platform acquisition, bringing a vibrant portfolio of lifestyle hotel brands – including Dream Hotels, The Chatwal and Unscripted Hotels – into the Hyatt portfolio. The asset-light acquisition includes 12 lifestyle hotels (nine managed and three licensed), with another 24 signed long-term management agreements for hotels expected to open in the future.
Arch Amenities Group acquires Hutchinson Consulting
Arch Amenities Group today announced the acquisition of Hutchinson Consulting, a firm that provides management-level recruiting services to the hospitality, wellness and estate management industries.
CoStar Group acquires fairmas benchmarking
A leading hospitality benchmarking product in Germany
Cendyn announces acquisition of digitalhotelier
The combination cements Cendyn’s global leadership in growing the direct-booking channel and enhancing the guest experience for hotels.
Arch Amenities Group acquires NYS Pool Management
The acquisition adds important and desired services that complement Arch Amenities’ established presence in hotels, fitness centers, country clubs and residential communities.Â
Arch Amenities Group acquires Synergy Fitness Group with 26 managed sites
Specializing in wellness and fitness programming, Synergy offers its corporate clients a range of services, including fitness center design, management, and equipment maintenance.
Hyatt to acquire Apple Leisure Group
Doubles Hyatt’s global resorts footprint with accretive net rooms growth over the coming years with global expansion of AMRTM Collection brands like Secrets, Dreams and Zoëtry.
LoungeUp acquires Dmbook Pro
With the takeover of Dmbook Pro, LoungeUp now offers the complete solution for optimal guest relationship management.
GBTA completes acquisition of ACTE
Alison Taylor and Steve Sitto to join the GBTA Board of Directors; Christle Johnson and Greeley Koch to co-chair new Integration and Brand re-activation committee.
