by Kipp Gillian | Nov 14, 2022 | Hotel
Houston billionaire Tilman Fertitta has bought the 260-room ocean-view Montage Laguna Beach hotel in coastal Orange County for roughly $650 million. The price is believed to be one of the highest prices ever paid for a California hotel. In 2018, he built the Post Oak...
by Kipp Gillian | Nov 14, 2022 | Hotel
A company that operates three large flea market/amusement park venues in Texas is acquiring Western Playland in Sunland Park, New Mexico, on the west edge of El Paso. The area’s only amusement park has been owned and operated by the same El Paso family for 62 years....
by Kipp Gillian | Nov 14, 2022 | Hotel
East River 9 is accepting all golfers and Riverhouse Houston has recently opened its doors. The two attractions are just scratching the surface of what is expected to come. East River 9 is a nine-hole, par-three golf course with a companion driving range, putting...
by Kipp Gillian | Nov 14, 2022 | Hotel
Summit Hotel Properties REIT acquired a glamping asset, an 11 unit property in Fredericksburg, Texas, in the middle of the Texas Hill Country wine region. Summit’s 90/10 acquisition of Onera, a high-end glamping company, signals the company’s interest in...
by Kipp Gillian | Nov 14, 2022 | Hotel
Hines has formed a joint venture with The Galesi Group (Galesi) to develop a Class-A industrial and logistics park. The venture is located two miles from the Samsung Austin Semiconductor plant, less than one mile from SH 130, and less than 10 miles from downtown...
by Kipp Gillian | Nov 11, 2022 | Hotel
The Arlington Heights, IL Village Board has approved a zoning change that would allow a sports betting facility to operate adjacent to the Chicago Bears’ proposed $5-billion redevelopment of Arlington International Racecourse. The vote follows a thumbs-up by the...