By News Brief On Wednesday, September 6th, 2017
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Aby Rosen Pays $135 Million for Former Jehovah’s Witnesses Hotel

  Aby Rosen’s RFR Realty paid $135 million to purchase the 400,000-square-foot Jehovah’s Witnesses’ former residential hotel at 90 Sands Street, property records filed Tuesday show. The building is part More...

By Jewish Business News On Wednesday, August 30th, 2017
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Carl Icahn Sells Unfinished Fontainebleau Las Vegas Resort for $600 Million

Billionaire activist investor Carl Icahn’s Icahn Enterprises L.P. sold the Fontainebleau Las Vegas resort project to a group led by New York developer Steve Witkoff’s The Witkoff Group LLC and New More...

By News Brief On Wednesday, June 21st, 2017
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Mark Gordon of Tribeca Associates Launches $500 Million Hotel Investment Fund

  Tribeca Associates’s Mark Gordon is looking to raise about $500 million in debt and equity for a new hotel-focused fund, Gordon told The Real Deal. “We see opportunity in acquiring existing, income-producing More...

By Alan Gallindoss On Tuesday, June 13th, 2017
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Ian Schrager’s New Five-Star Hotel for People on a Two-Star Budget

    Hotelier Ian Schrager announced the opening of his latest $300-million bet venture: PUBLIC, the luxury hotel for ordinary people. The 70-year-old known for the founding of 1970s New York mythical More...

By Jewish Business News On Monday, May 8th, 2017
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KKR, Dunas Capital and Alua Hotels Partner to Acquire 4 Hotels in the Balearic Islands

  Global investment firm KKR and Dunas Capital signed an agreement to acquire the Intertur Hotels group. The portfolio of 1,119 rooms in Mallorca and Ibiza will be managed and marketed by Alua Hotels and Resorts More...

By Alan Gallindoss On Monday, December 12th, 2016
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Blackstone Sells Hyatt Regency Hotel and Marina in Fort Lauderdale to Joe Lewis for $163 Million

The Blackstone Group has sold the Hyatt Regency hotel and marina to Tavistock Development Company, led by British businessman Joe Lewis,  for $163.27 million. The deal was made by Blackstone group affiliate More...

By Noam Meir On Sunday, December 4th, 2016
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Ian Schrager Designs First Hotel in China — The Sanya EDITION

Ian Schrager‘s first hotel in China will open this week on December 9. It is the Sanya EDITION. Located on Hainan, an island province at the southernmost part of China, it is a Marriot Hotel. Ian Schrager More...

By Ofer Petersburg On Monday, November 21st, 2016
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Donald Trump’s Failed Israeli Business Ventures

  If everything had gone as Donald Trump planned for us in Israel, we would already be able to look up at what would have been the tallest skyscraper in Israel—and in the Middle East. A 70-floor gold-coated More...

By Noam Meir On Tuesday, November 1st, 2016
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Ira Drukier’s BD Hotels Buys the Famed Chelsea Hotel for $250 Million

  SIR Chelsea LLC, a real estate entity which includes the hoteliers Ira Drukier, Richard Born (BD Hotels) and Sean MacPherson, has purchased the legendary Hotel Chelsea for $250 million, The Real More...

By News Brief On Friday, July 1st, 2016
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Yoel Goldman Plans 100-Key Crown Heights Hotel

  Yoel Goldman’s All Year Management is gearing up for a 100-key hotel at 1548 Bedford Avenue in Crown Heights, according to a permit application filed Friday with the city’s Department of Buildings. Per More...

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