northwood investors
Propst Development and Chartwell Hospitality Complete Hilton’s Conrad Luxury Hotel in Nashville
Chartwell Hospitality | June 20, 2022
NASHVILLE, Tenn.--Propst Development and Chartwell Hospitality today announced they have finalized development of the Conrad Nashville hotel, located in the Broadwest city block in Midtown. The Conrad Nashville is Hilton’s first luxury branded hotel in Nashville and is scheduled to open on June 29, 2022. Additionally, the co-developers have completed the sale of the 234-room property to Northwood Investors, LLC, a premier owner and manager of luxury hotels around the world. “Our goal for Broadwest was to create a property that all Nashvillians are proud of, and we believe the Conrad raises the bar as one of the most luxurious hotel pro...
Manhattan’s Iconic New York Palace Hotel Sells for $805 Million
Hodges Ward Elliott | August 31, 2015
NEW YORK--August 31, 2015--Hodges Ward Elliott ("HWE"), the world's leading independent hotel brokerage and investment-banking firm, with offices in New York, Atlanta, Los Angeles and London, announced that it has arranged the previously announced sale of Manhattan's legendary New York Palace Hotel for $805 million. LOTTE Group, a South Korea-based owner and operator of luxury hotels, has now closed on the acquisition of the 909-room Midtown landmark, which is located on the corner of 50th Street and Madison Avenue, from Northwood Investors. With this transaction, HWE has now completed $2.86 billion in deals throughout the NYC market si...
