Berkadia Hotels Completes Sale for Two New Hotels in California

MORENO VALLEY, CA – March 11, 2020 – Berkadia’s Hotels & Hospitality team completed the sale of two new assets in Moreno Valley, California for an undisclosed price. Senior Director Spencer Scott and Managing Director Kyle Stevenson completed the sale of The Residence Inn by Marriott Riverside Moreno Valley and the sale of the Holiday […]

Berkadia Completes $80.1 Million Sale of Three Properties in Arizona

PHOENIX, AZ – January 10, 2020 – Berkadia’s Hotels & Hospitality team completed the sale of three hotel properties in Arizona this past December totaling $80.1 million. Managing Director Kyle Stevenson and Senior Director Spencer Scott arranged the sale of the Element by Westin Sedona, the Element Chandler Fashion Center and the Arroyo Roble Hotel […]

Berkadia Completes Sale and Financing for Hotel Property in Montana

WASHINGTON, D.C. – November 26, 2019 – Berkadia’s Hotels & Hospitality team has announced the sale and financing of TownePlace Suites Whitefish Kalispell in Whitefish, Montana. Senior Directors Matt Bailly and Spencer Scott completed the sale on behalf of Scottsdale-based Glacier House Hotels. Director Adrienne Kautzman secured financing on behalf of the buyer Venture Hospitality. […]