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Trinity Investments Acquires Historic Seattle Hotel

Trinity Investments Acquires Historic Seattle Hotel

by Phil Hall | Dec 20, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Trinity Investments, a Los Angeles-headquartered real estate investment firm, has acquired Seattle’s historic Fairmont Olympic Hotel. The 450-room luxury hotel opened in 1924 and spans an entire block of Downtown Seattle. The hotel features five dining offerings,...
Trump Organization Reportedly Considering to Regaining Control of DC Hotel

Trump Organization Reportedly Considering to Regaining Control of DC Hotel

by Phil Hall | Dec 16, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Trump Organization is reportedly considering a bid to regain control of the Waldorf Astoria hotel in Washington, DC. The New York Post, citing “three sources familiar with the situation,” said the president-elect’s company is considering options including a...
The Pierre, a Historic NYC Hotel, Reportedly Up for Sale

The Pierre, a Historic NYC Hotel, Reportedly Up for Sale

by Phil Hall | Dec 11, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Pierre, a historic five-star hotel overlooking New York City’s Central Park, is being marketed for sale. According to a Bloomberg report sourced from unnamed “people familiar with the matter,” the landmark lodging property features 189 hotel rooms, restaurants and...
Atlanta Housing Issues RFP to Redevelop Vacant Historic Hotel

Atlanta Housing Issues RFP to Redevelop Vacant Historic Hotel

by Phil Hall | Nov 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Atlanta Housing, Georgia’s largest housing authority, has issued a Request for Proposals (RFP) for the redevelopment of a vacant historic hotel into a mixed-income community. The property was built in 1973 is a former Ramada Plaza that is commonly known as Stadium...
Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer

Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer

by Phil Hall | Oct 31, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A historic hotel in downtown San Jose was sold for roughly half the price of its previous ownership transfer. SiliconValley.com reported the Hotel De Anza was acquired for $11.5 million by an ownership group led by Dhaval Panchal, a Northern California hotelier. The...
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