lowe
Lowe Celebrates Topping Out of The Cooper Hotel in Downtown Charleston
Lowe | November 7, 2022
CHARLESTON, SC – November 7, 2022 – On Friday, November 4, Lowe and BL Harbert International celebrated the topping out of The Cooper, downtown Charleston’s anticipated new full-service waterfront hotel. The event was attended by the project teams working on the construction of the hotel at an on-site luncheon where partners signed a ceremonial beam signifying the completion of vertical construction. Located at 176 Concord Street adjacent to Joe Riley Waterfront Park, The Cooper Hotel will set a new standard for hospitality excellence in Charleston. Quotes “The Cooper’s topping out ceremony recognizes an important achieve...
Lowe Joint Venture Acquires Three Hotels In The Woodlands® From The Howard Hughes Corporation®
LOWE | September 16, 2021
THE WOODLANDS, TX - September 16, 2021 - A joint venture between Lowe and an institutional investor announced today its acquisition from The Howard Hughes Corporation of three hospitality assets located in The Woodlands®, a 28,500-acre award-winning master planned community in the greater Houston area. The Woodlands Resort; The Westin at The Woodlands; and Embassy Suites by Hilton, The Woodlands at Hughes Landing were purchased for $252 million and will continue to be managed by Lowe's hospitality management subsidiary, CoralTree Hospitality, which took over management of the properties in September of 2020. Lowe will immediately begi...
CoralTree Hospitality, a Wholly Owned Subsidiary of Lowe, Buys Controlling Interest in Magnolia Hotels Brand
CoralTree Hospitality | September 10, 2021
DENVER – September 10, 2021 – Tom Luersen, president of CoralTree Hospitality, today announced that, in partnership with its parent company Lowe, it has acquired a controlling interest in the Magnolia Hotels brand from Denver-based Stout Street Hospitality. CoralTree will manage four of Magnolia’s six properties in Denver, Houston, St. Louis and Omaha while licensing the name to the New Orleans and Dallas properties. The Magnolia brand is known for its award-winning, independent properties that reflect the spirit of each location with curated personal service for both business and leisure travelers. With the addition of the six ...
Lowe Acquires Miramonte Resort & Spa in Indian Wells, California
Lowe | December 21, 2020
LOS ANGELES - December 21, 2020 - Lowe, a national real estate developer, investor and manager, announced today that it has acquired the 215-room Miramonte Resort & Spa prominently located on Highway 111 in Indian Wells, California. Concurrent with the completion of the acquisition, Lowe will begin implementing a reopening plan for the resort, which has been closed since March, 2020 due to COVID-19. Reopening of Miramonte is anticipated for early 2021. The Miramonte Resort offers guests spacious accommodations including suites and bungalows, an array of premier dining spots, three outdoor pools and a 12,000-square-foot award-winning sp...
Lowe and Atlas Hotels Unveil Top-to-Bottom Renovation of San Diego’s Iconic Town and Country Resort
Lowe | October 15, 2020
SAN DIEGO - Lowe and Atlas Hotels today announced the completion of the team’s comprehensive, multi-million-dollar renovation and repositioning of the 675-room Town and Country resort in San Diego. The vast 40-acre urban resort hotel and conference center is located on Hotel Circle North in Mission Valley. “Our reveal of the new Town and Country resort is the culmination of several years of thoughtful design and development work to realize our vision for this expansive property as a modern resort destination, equally attractive to leisure, business and convention visitors,” said Rob Lowe, co-CEO of Lowe. “Our redevelopment program...
Lowe Launches CoralTree Hospitality Group Led by President Thomas Luersen
CoralTree Hospitality Group | January 25, 2019
January 28, 2019 LOS ANGELES - Lowe, a national real estate investor, developer and manager, announced today that it has formed a new, wholly-owned hotel and resort management company, CoralTree Hospitality Group. Led by senior executives who built their hospitality careers at Lowe-affiliated hotel management companies, CoralTree Hospitality Group launches with a portfolio of 17 lifestyle hotels and resorts under management across the U.S. and in Puerto Rico. "We have the opportunity to return to our hospitality roots with a spirit of individuality, a focus on each property's attributes and identity, and an emphasis on personalized, exc...
Lowe, AECOM Capital and Atlas Hotels Sell Four Development Parcels to Joint Venture Owned by Holland Partner Group and North America Sekisui House
Holland Partner Group | October 3, 2018
SAN DIEGO--Joint venture partners Lowe, AECOM Capital and Atlas Hotels have completed the sale of four residential development parcels in San Diego's Mission Valley neighborhood. The 10.13-acre development site is part of the planned mixed-use renovation and redevelopment of the Town and Country San Diego, a 40-acre urban resort hotel and conference center on Hotel Circle North in Mission Valley. The buyer was a joint venture owned by Vancouver, Washington-based developer Holland Partner Group and North America Sekisui House, LLC (NASH). According to Tom Warren, Executive Managing Director of Holland Partner Group, construction on the f...
