• Caliber Acquires Ninth Hotel Property In Booming Chandler Corridor for $11.6 Million

    Caliber Acquires Ninth Hotel Property In Booming Chandler Corridor for $11.6 Million0

    Holiday Inn Ocotillo-Chandler Joins the Real Estate Investment Company’s Robust Portfolio of Hospitality and Commercial Properties Scottsdale, Ariz. – Caliber – The Wealth Development Company recently closed on its ninth hotel property, Holiday Inn Ocotillo-Chandler. Situated alongside the Ocotillo Golf Club, the property features 106 guest rooms and more than 2,000 square-feet of multi-use meeting space. The

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  • Hampton Inn & Suites by Hilton Celebrates Grand Opening, Impact in Downtown Phoenix

    Hampton Inn & Suites by Hilton Celebrates Grand Opening, Impact in Downtown Phoenix0

    Phoenix, Ariz. – The Hampton Inn & Suites by Hilton, the newest hotel in the heart of downtown Phoenix, recently celebrated its grand opening and held an official ribbon-cutting event. Key representatives from Apple Hospitality REIT, Inc., North Central Group, Visit Phoenix, and Mortenson each made remarks at the July 9 event. In addition, NCG

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  • Phoenix Group Finalizes $20 Million Sale-Leaseback of Four Goodyear Hotels

    Phoenix Group Finalizes $20 Million Sale-Leaseback of Four Goodyear Hotels0

    Phoenix, Ariz. –  Byrd Hotel Group has finalized a $20 million sale-leaseback transaction involving four hotel properties in Goodyear.  The deal with KawaCapital Management of Florida is an example of the growing sale-leaseback trend in the industry, allowing owners to monetize properties while continuing to operate hotel assets. “While sale-leasebacks in the hospitality space have become more common

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