SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - A revitalized guest experience rooted in Brooklyn’s storied past
Hilton Brooklyn New York has officially completed a sweeping $5.5-million renovation, elevating the guest experience while honoring the building’s rich maritime history. Managed by HHM Hotels and owned by Ohana Real Estate Investors, the refreshed hotel now features contemporary updates across its guestrooms, meeting spaces, and public areas.

“With this renovation, Hilton Brooklyn is reaffirming its commitment to delivering an elevated experience that meets the evolving needs of business and leisure travelers,” said Paul Schwartz, General Manager of Hilton Brooklyn New York. “From thoughtfully designed guestrooms to enhanced amenities and elevated dining options, every detail has been crafted to ensure a refined stay for our guests.”

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - In a significant move reflecting ongoing confidence in the U.S. hospitality sector, Hunter Hotel Advisors has successfully closed $31.47 million in financing for three hotel properties located across Texas and South Carolina. The transactions highlight diverse lending sources, healthy market dynamics, and a continued appetite among lenders for well-positioned assets in strong-performing markets.

Strong Lending Momentum for Key Hotel Assets

Three distinctive financing structures reflect lender confidence.
The financing was secured for the following properties:

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - Leading Midwest Hospitality Developer Invests in Thriving Colorado Travel Market

Nightcap Management, a full-service hotel development and management company based in Lincoln, Nebraska, has acquired the 70-room Hampton Inn Glenwood Springs and the 64-room Holiday Inn Express Glenwood Springs. The adjacent properties are located in the heart of Glenwood Springs, Colorado—a region experiencing sustained growth as a prime drive-to leisure destination.

Strategic Acquisition in a High-Demand Travel Hub

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - Strategic divestiture reflects strong market position and proactive asset lifecycle approach
Legendary Capital, a leading hotel asset management firm, has officially sold its Holiday Inn Express property in Indianapolis for $10.1 million. The sale underscores the company’s disciplined investment strategy and commitment to maximizing value across its portfolio.

A strategic move backed by successful asset management
Originally acquired in 2017, the 89-room Holiday Inn Express—first opened in 2008—underwent significant renovations under Legendary Capital’s stewardship. The upgrades positioned the hotel as a competitive lodging option within the Indianapolis-Carmel-Greenwood metropolitan area, a region recognized for robust economic growth and a vibrant mix of business, tourism, and sports-driven travel.

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - Adam Hayashi Joins Omni Hotels & Resorts as Chief Revenue Officer

A strategic leader steps into a key role to drive topline growth and expand market share

Omni Hotels & Resorts has officially welcomed Adam Hayashi as its new Chief Revenue Officer, marking a significant move in the brand’s pursuit of enhanced revenue performance and expanded market presence. In his new position, Hayashi is tasked with steering Omni's topline revenue strategy while strengthening its foothold in a highly competitive hospitality landscape. He reports directly to Jeff Doane, Omni’s Chief Commercial Officer.

Bringing decades of experience to a growing hospitality brand

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - Boutique Brokerage Facilitates Successful Hotel Sale in High-Demand Cleveland-Area Market

In a noteworthy transaction for the Greater Cleveland hospitality scene, the Fairfield Inn & Suites in Avon, Ohio has officially changed ownership. Laurel Real Estate Co., a boutique real estate brokerage and proud member of Hotel Brokers International, served as the sole brokerage in the sale, exclusively representing the seller.

Strategic Location Fuels Investor Interest

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - Sonesta Select Minneapolis Eden Prairie Sold to Local Operator in Promising Market Move

New ownership signals confidence in Twin Cities hospitality recovery

HREC Investment Advisors has successfully arranged the sale of the 149-room Sonesta Select Minneapolis Eden Prairie, marking a notable transaction in the Twin Cities hotel market. The property, located in Eden Prairie, Minnesota, was acquired by Eden Hotels LLC, a local owner/operator based in Minneapolis.

Experienced brokers drive the transaction

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - A strategic leadership transition at the forefront of corporate real estate

Lina Scherer, Vice President of Corporate Real Estate Management Europe at Schaeffler, has officially assumed the role of President of CoreNet Global (CNG) Central Europe as of April 1, 2025. She takes over from Locke McKenzie, who held the position since April 2023 and will continue to serve on the board as Past President.

With her extensive background in Corporate Real Estate Management (CREM), Scherer brings a wealth of expertise and vision to the organization. She joined Schaeffler in July 2023, following a successful career at ABB Group, where she held strategic and operational leadership roles across asset management, portfolio management, and integrated facilities management.

A forward-looking vision for a connected real estate community

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - Corporate Real Estate Professionals See Continued Salary Growth in 2024, CoreNet Global Reports

Strong Salary Increases and Positive Outlook for CREM Experts

Corporate Real Estate Management (CREM) professionals continue to experience steady salary increases, according to the latest CoreNet Global End User Compensation Survey 2024. Conducted in partnership with Ferguson Partners, the survey highlights notable compensation trends across the corporate real estate industry.

A total of 107 members from 99 companies—many of them Fortune 500 organizations—participated in the study during the third quarter of 2024. The results indicate that competitive pay remains a central strategy for attracting and retaining top talent in this field.

Base Salaries on the Rise

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - DZG Urges Chancellor-Designate Merz: Put the Hospitality Sector at the Cabinet Table

Thinktank calls for creation of a State Minister for Tourism and Hospitality directly in the Chancellery

As coalition negotiations between CDU/CSU and SPD enter their final stretch, the Denkfabrik Zukunft der Gastwelt (DZG) is calling for a major structural shift in how the German government approaches one of its most vital economic sectors. In a recent letter to Chancellor-designate Friedrich Merz, DZG has proposed the creation of a new coordinating position—a State Minister for Tourism and Hospitality—to be placed directly in the Federal Chancellery.

A major sector, underrepresented politically