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BrightSpire Capital Seizes Ownership of San Jose's Largest Hotel Amid Ongoing Hospitality Woes
2025-05-14 22:39:54| Hotel Resource
The largest hotel in San Jose has been acquired by its lender, BrightSpire Capital, following a foreclosure sale. This event marks an end to the extended efforts made by the Bay Area&based owner to retain the property. The hospitality market in the region continues to struggle due to the impact of the COVID&19 pandemic.
Category:
Hospitality
LATEST NEWS
New Kimpton Hotel Set to Anchor Hill Country Mixed&Use Development in Texas
2025-05-14 22:28:46| Hotel Resource
The 210&room luxury lifestyle hotel, Kimpton Fredericksburg, is expected to open in 2027 as part of The Meuse, a 22&acre mixed&use development.
Category:
Hospitality
Viceroy's New Resort, The Harriman, Set to Open in Idaho's Sun Valley in 2026
2025-05-14 22:23:19| Hotel Resource
Viceroy announces the development of The Harriman, a new resort in Ketchum, Idaho, scheduled to open in June 2026. The Harriman, named after W. Averill Harriman, will be Sun Valley's first luxury hotel and for&sale residence offering.
Category:
Hospitality