US: Real estate investment firm Bridge Investment Group Holdings and global private markets investment firm StepStone Real Estate have partnered on a $75 million scheme to develop and operate senior living communities.
UK: PBSA operator Study Inn Group has acquired a £22.6 million finance facility from Paragon Development Finance to develop a scheme on Triumph Road in Nottingham.
Australia: A newly built 99-key serviced apartment building in West Melbourne is up for sale.
US: Third-party management company Island Hospitality Management added 11 hotels to its portfolio during 2021.
US: Commercial and residential development company CTW is building two Marriott extended stay properties at the Westford Lifestyle Community in Canfield, Ohio.
US: Wyndham Hotels & Resorts is to launch the company’s first extended stay brand in the economy segment later this year.
US: AKA has acquired the Current Apartments development in West Palm Beach, Florida.
US: Island Hospitality Management has acquired the management of the 170-room Home2 Suites by Hilton Woodland Hills Los Angeles.
Cambodia: Frasers Hospitality has signed three properties in Phnom Penh’s key commercial districts.
Cambodia: Ascott will launch its first Citadines-branded aparthotel in Phnom Penh next month.
