Fattal Hotel Group Acquires The Blakely Hotel

Peachtree Group Acquires AC Hotel by Marriott (Park City, UT)

September 19, 2024

Real Estate

Peachtree Group acquired the 100-room AC Hotel by Marriott in Park City, Utah — its sixth hotel purchase of the year as the firm expands its hospitality portfolio. The asset will be operated by Peachtree's hospitality management division as part of its growing hotel platform.

Hilton Acquires Majority Stake in Sydell Group to Expand NoMad Hotels

April 3, 2024

Restaurants & Hospitality

Hilton has acquired a majority controlling interest in Sydell Group to add the NoMad Hotels brand to its global portfolio and accelerate expansion of the luxury lifestyle brand. Sydell will retain responsibility for design, branding and management of NoMad while Hilton will lead development and integrate NoMad into Hilton's commercial platforms, including Hilton Honors.

Crown Products, Inc. Acquires Blakely Products Company

August 12, 2022

Building Products

Crown Products, Inc., a Bloomington, Minnesota-based distributor of flooring and installation products, has acquired Blakely Products Company, a Warren, Michigan–headquartered distributor with seven locations across Michigan and Northwest Ohio. The deal expands Crown's regional footprint in the Great Lakes/Upper-Midwest market and preserves Blakely's legacy and operations under Crown's broader distribution platform.

Peachtree Hotel Group Acquires Canopy by Hilton Atlanta Midtown

July 27, 2022

Real Estate

Peachtree Hotel Group acquired the 176-room Canopy by Hilton Atlanta Midtown hotel in Midtown Atlanta. Peachtree Hospitality Management, a division of Peachtree, will operate the 15-story lifestyle property; terms of the transaction were not disclosed.

Peachtree Hotel Group Acquires Nine Hotels in $300M Portfolio Push

January 31, 2022

Real Estate

Peachtree Hotel Group announced it acquired nine hotels across the United States as part of a record $2.0 billion total investment activity in 2021, with approximately $300 million deployed into those hotel acquisitions. The purchases include select- and limited-service branded properties in Florida, Georgia, Tennessee, Maryland, Texas and California as Peachtree grows its owned and managed lodging portfolio.

Peachtree Hotel Group Acquires AC Hotel Miami Aventura and Aloft Miami Aventura

December 7, 2021

Real Estate

Peachtree Hotel Group acquired the 207-key AC Hotel Miami Aventura and the 233-key Aloft Miami Aventura in Aventura, Florida. Peachtree's management arm, Peachtree Hospitality Management, will operate the properties as part of the firm's ongoing opportunistic hotel portfolio expansion in the Miami market; terms were not disclosed.