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Peachtree Group Closes Third Delaware Statutory Trust

Peachtree Group Closes Third Delaware Statutory Trust

by Phil Hall | Feb 6, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, announced the closure of its third hotel property structured as a Delaware Statutory Trust (DST) with the completed acquisition of its 98-key Hilton Garden Inn in Jackson, Tennessee....
Atlantic Equity Partners Launches Fund II to Decarbonize Hospitality Real Estate

Atlantic Equity Partners Launches Fund II to Decarbonize Hospitality Real Estate

by Phil Hall | Dec 13, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Atlantic Equity Partners, a New York City-based real estate private equity firm that invests in value-add hotels, has launched its Fund II to deploy capital to acquire and sustainably redevelop hospitality real estate with a double-bottom-line approach. The new fund...
Choice Hotels Launches Hostile Takeover of Wyndham Hotels & Resorts

Choice Hotels Launches Hostile Takeover of Wyndham Hotels & Resorts

by Phil Hall | Dec 12, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Choice Hotels International Inc. (NYSE: CHH) has launched a hostile bid to acquire Wyndham Hotels & Resorts Inc. (NYSE: WH), which previously rejected offers for a potential takeover. Choice is using an exchange offer for Wyndham stock, appealing directly to...
Bluegreen Vacations Holding Corp. is Acquired for $1.5 Billion by Hilton Grand Vacations

Bluegreen Vacations Holding Corp. is Acquired for $1.5 Billion by Hilton Grand Vacations

by Phil Hall | Nov 6, 2023 | Commercial Real Estate News

Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) announced it has entered into a definitive agreement to be acquired by Hilton Grand Vacations Inc. (NYSE: HGV) for $75.00 per share in an all-cash transaction, representing a total enterprise value of...
Historic Hotel del Coronado Receives $160 Million Restoration Investment

Historic Hotel del Coronado Receives $160 Million Restoration Investment

by Phil Hall | Oct 16, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

One of the most famous hotels in the nation announced a new investment to restore its historic Victorian building. San Diego’s Hotel del Coronado will receive more than $160 million from Blackstone Real Estate, which marks the next and final phase of its more than...
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