edyn secures additional £105 million debt facility
UK: edyn has secured an additional £105 million in debt funding from Blackstone Mortgage Trust and KSL Capital Partners’ European Capital Solutions platform (KSL ECS).
UK: edyn has secured an additional £105 million in debt funding from Blackstone Mortgage Trust and KSL Capital Partners’ European Capital Solutions platform (KSL ECS).
UK: Oaktree Capital has partnered with Balance Out Living and will develop a £1 billion coliving portfolio in London before targeting Europe.
US: A division of Blackstone is set to acquire multifamily housing owner/operator Preferred Apartment Communities Inc for $5.8 billion.
US: Extended Stay America has appointed Greg Juceam as president and CEO. Juceam, who brings more than 26 years of
The collaboration of two of the biggest global investment firms – Blackstone and Starwood Capital – has given the already healthy extended stay sector a further shot in the arm.
US: Blackstone and Starwood Capital Group are partnering to acquire 111 WoodSpring Suites-branded hotels from Brookfield Asset Management.
Spain: Global BTR and coliving asset manager Node has acquired fellow coliving developer Starcity Spain. The Spanish platform will start
US: Condor Hospitality Trust has completed the sale of its 15-hotel portfolio. The sale of the hotels was completed following
US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
Germany: Digital hospitality platform NUMA Group has established its brand advisory board, aimed at “accelerating growth” for the company.
Turkey: Accor’s premium brand Mövenpick has opened its Living Istanbul Saklivadi property in the city’s shopping district of Vadistanbul.
UK: The shortlists for this year’s Serviced Apartment Awards have been revealed ahead of the awards ceremony on 23 May at Leonardo Royal Hotel London Tower Bridge.
Saudi Arabia: Luxury hospitality company Cheval Collection has signed an agreement with developer Ladun Investment Company for Cheval Ladun Living in Riyadh.
Estonia: Tech-powered hospitality operator Bob W has opened its fourth aparthotel in Tallinn, located in the city’s Arter Quarter.
UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.
Germany: Developer GBI Group has broke ground on its latest SMARTments connect project, located in Bielefeld.
UK: Serviced apartment operator Mansley has achieved Green Tourism Gold accreditation across its portfolio.
EU: Technology-based apartment operator limehome has signed 800 units in Q1 2024, growing its portfolio by almost 14 per cent to 6,800 apartments.