The Chicago Hotel Collection Acquires Ambassador Chicago

MCR Acquires Hyatt Regency O'Hare Chicago

December 11, 2024

Restaurants & Hospitality

MCR has acquired the 11-story, 1,095-room Hyatt Regency O’Hare Chicago in Rosemont, Illinois, marking MCR’s first Hyatt Regency-branded hotel and its fifth property in Illinois. The hotel, located adjacent to the Donald E. Stephens Convention Center and five minutes from O'Hare International Airport, features extensive meeting space and recent guestroom renovations.

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.

Ascendant Capital Partners Acquires Embassy Suites by Hilton San Diego La Jolla

January 13, 2026

Real Estate

Ascendant Capital Partners purchased the 340-room Embassy Suites by Hilton San Diego La Jolla from BioMed Realty (owned by Blackstone) for $111 million. Ascendant plans roughly $20 million of renovations to modernize guest rooms, meeting spaces and public areas; BioMed said the sale reflects a shift in focus to other redevelopment projects.

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.

Avenir Hospitality Acquires Cannon Beach Hotel Collection

January 19, 2022

Restaurants & Hospitality

Avenir Hospitality has acquired the Cannon Beach Hotel Collection, a portfolio of four boutique hotels in Cannon Beach, Oregon. Avenir has partnered with New York-based Life House to manage the properties as the firm's first entry into the Pacific Northwest.

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.