riverside developers
“Topping Out” of The William Vale Marks Construction Milestone for the Brooklyn Project
The William Vale | October 19, 2015
BROOKLYN, NEW YORK—Oct. 19, 2015—Riverside Developers today officially announce the topping out of The William Vale, one of Brooklyn's most highly anticipated hotel projects rising in the dynamic Williamsburg neighborhood. The project, located at 55 Wythe Avenue, between 12th and 13th Streets, will bring 183 rooms to market and stand 21 stories to offer unparalleled views of the Brooklyn and Manhattan skylines. "The topping out milestone at The William Vale not only marks an important time for our construction, development and design teams, it also marks a significant milestone for Brooklyn tourism and hospitality," said S&e...
Four Seasons Austin Hotel in Texas Sells for $197 Million to Strategic Hotels and Resorts
The William Vale | May 5, 2015
May 5, 2015 - A Chicago-based company said Monday that it has a deal in place to buy the Four Seasons Austin Hotel. Strategic Hotels and Resorts will pay $197 million for the 291-room luxury hotel, which is located at 98 San Jacinto Blvd. in downtown Austin. Lodging Capital Partners and Prudential are the sellers. The sale of the hotel, which will continue to remain affiliated with the Four Seasons brand, is expected to close later this month. "This is an exciting opportunity to acquire the only true luxury hotel in what is arguably our nation's highest growth market," said Strategic Hotels and Resorts chairman and CEO Raymond Gellein. ...
