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Montage Residences Healdsburg Launches Final Residential Offering

HEALDSBURG, CALIF. (PRWEB) March 25, 2022 Montage Residences Healdsburg is pleased to announce the last phase of its coveted residential offering with the ....

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Sunstone Hotel Investors Reports Results For First Quarter 2021

Sunstone Hotel Investors Reports Results For First Quarter 2021
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IRVINE, Calif., May 3, 2021 /PRNewswire/ Sunstone Hotel Investors, Inc. (the Company or Sunstone ) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today announced results for the first quarter ended March 31, 2021.
First Quarter 2021 Operational Results (as compared to First Quarter 2020):
Resumption of Hotel Operations: 15 of the Company s 17 hotels were in operation for the entirety of the first quarter 2021.
Net Loss: Net loss was $55.3 million as compared to $162.5 million.
17 Hotel Portfolio RevPAR: 17 Hotel Portfolio RevPAR decreased 69.5% to $42.19.
Adjusted EBITDA
re, excluding noncontrolling interest decreased 203.7% to $(14.7) million. ....

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UPDATE: Sunstone Hotel Investors (SHO) Reports Acquisition of The 130-Room Montage for $265M

UPDATE: Sunstone Hotel Investors (SHO) Reports Acquisition of The 130-Room Montage for $265M
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Montage Residences and Pendry Residences Report Benchmark Year in 2020

Montage Residences and Pendry Residences Report Benchmark Year in 2020
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Luxury Branded Residential Collection Sees Strong Sales Success Across its $4.5 Billion Global Portfolio, Announcing New Developments and Integrating Technologies and Strategic Partnerships
Pendry Residences Park City
ORANGE COUNTY, Calif. (PRWEB)
January 27, 2021
Today, Montage Residences and Pendry Residences, a distinct portfolio of exclusive private residences in storied settings across the U.S., Mexico, and Bahamas, announce a strong benchmark year in 2020, with over $275 million in branded residential sales, multiple development announcements, and the introduction of innovative technologies during an ever-changing residential market. With unique locales, incomparable amenities and gracious and attentive service, Montage and Pendry Residences experienced strong demand throughout the year from discerning ....

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