trending Market Intelligence /marketintelligence/en/news-insights/trending/t0MSBkfNrTuRX6kuTxHMkQ2 content esgSubNav
In This List

Downtown Phoenix hotel sells for $107M

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends


Downtown Phoenix hotel sells for $107M

An investor group led by Gem Realty has snapped up the Hyatt Regency Phoenix, one of the biggest hotels in downtown Phoenix, for $107 million, AZCentral.com reported, citing real estate records.

The 693-room asset was sold by DiNapoli Capital Partners, which had paid $96 million for the property in 2008, according to the report.

The 41-year-old hotel has a revolving restaurant on the 24th floor.