Portman Shares Details of Its Hospitality Financing Activity in 2025
ATLANTA, Georgia—Portman announced that it executed over $680 million in hospitality financing activity in 2025 across acquisitions, refinancing, and loan modifications. Among the activity was a $237.5 million refinancing of the Hyatt Regency Salt Lake City. The original construction loan was refinanced with a SASB CMBS loan while keeping the existing CPACE loan in place from the original financing. Last summer, Portman acquired the Westin Cincinnati, a 456-key, full-service hotel. The deal marked Portman’s first […]
The post Portman Shares Details of Its Hospitality Financing Activity in 2025 appeared first on LODGING Magazine.
This Week’s Comings & Goings
Sage Hospitality Group announced the appointment of Daniel del Olmo as president and chief executive
UNLV William F. Harrah College of Hospitality Integrates Yipy Platform Into Its Curriculum
SALT LAKE CITY, Utah—Yipy announced that the University of Nevada, Las Vegas (UNLV) William F. Har
DiamondRock Hospitality Announces Upcoming Retirement of Chairman William W. McCarten
BETHESDA, Maryland—DiamondRock Hospitality Company announced that Chairman William W. McCarten wil
