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A San Jose site where a hotel with more than 100 rooms is proposed has tumbled into a loan default and faces foreclosure, a fresh indicator of post-coronavirus economic maladies for the Bay Area lodging sector.
The secured loan will help complete the 122-acre Palmeraie development, which includes The Ritz-Carlton Paradise Valley and The Ritz Carlton Residences SAN DIEGO, May 15, 2023 /PRNewswire/... | May 15, 2023
Scottsdale-based Five Star Development has secured a massive loan to complete construction on the master-planned The Palmeraie in Paradise Valley near Scottsdale Road and Lincoln Drive.
The pace of hotel development is fast and furious—and can be hard to keep up with for busy meeting planners. As professionals across the country work to keep up with bookings and meetings, Meetings Today did the research—so you don’t have to!—on the hotel openings that meeting and event professionals must know about this year. From coast to coast, here are eight premier properties that should be on your radar.
/PRNewswire/ -- JLL's Capital Markets group announced today that it has arranged a $585 million refinancing for The Ritz-Carlton Paradise Valley, The Ritz...