It's been more than a month since the merger between Brentwood, Tenn.-based American Retirement Corp. (ARC) and Portland, Ore.-based Assisted Living Concepts (ALC) was terminated, but ARC President Chris Coates isn't...
A long-time employee of Marriott International, Paul Johnson was involved in strategy and financial planning when Marriott was starting its seniors business in the late 1980s. Today, Johnson is president and general...
Largest hotel CMBS offering refinances 11 Starwood properties In what reportedly was the largest CMBS offering ever for hotels, a $542 million loan package has been secured for White Plains, N.Y.-based Starwood Hotels...
As the fastest-growing segment of the travel and tourism industry, timeshare is sprucing up its tarnished image of the past and attracting a constant stream of new, high-profile players. A central figure in this...
Developer, operator sought for Fort Baker conference center Uncle Sam wants you. Or rather, the National Park Service, in partnership with the Golden Gate National Parks Association, is looking for a developer and/or...
Perhaps 1981 was not the best time to open an independent hotel in Dallas, but Pete Kline did it anyway. Going against conventional wisdom, Kline, joined by John Beckert - now company president and COO, but general...
Deal positions Marriott to enter corporate apartment industry Anticipating "tremendous growth opportunities" in the $3 billion interim housing industry, Washington, D.C.-based hospitality company Marriott...
Thayer Hotel Investors gets D.C. area's largest hotel for $200 M In what reportedly was the country's largest hotel sale in almost a year - both in terms of property size and sale price - the Marriott Wardman Park...
New Westin hotels planned for Baltimore and San Jose, Calif. November saw announcements concerning two new Westins: one in Baltimore and one in San Jose, Calif...
Midland chosen as servicer for largest CMBS deal to date Midland Loan Services Inc., Kansas City, Mo., has been selected to serve as master and special servicer for $3.8 billion in floating rate commercial mortgage...