Hotel developer White Lodging acquires SouthEnd property for $8M

Comment on Kurt (see below for details and context): Kurt Schoenhoff, founder of Verticore Commercial, represented the seller in the South End transaction. Schoenhoff, who specializes in land transactions for hotel developments, said White Lodging is one of the most prominent hospitality developers in the country. And as South End’s commercial growth continues, more out-of-market … Continued

Construction underway on first hotel at Stonewall Station

Comment on Kurt (see below for details and context): Kurt Schoenhoff at Selwyn Property Group represented Doradus Partners and Crescent Communities in the Home2 Suites transaction as well as MOP and Crescent in the second hotel deal that closed last week. Full Article: The first of two hotels planned for an uptown mixed-use development site … Continued

Second hotel site at Crescent Stonewall Station acquired; 181- room hotel planned

Comment about Kurt and his quote (see below for details and context): Kurt Schoenhoff, vice president of hospitality and brokerage services at Selwyn Property Group, represented both MSP and Crescent Communities in the land transaction. “It was a difficult challenge to prepare for a hotel on less than a half-acre site,” Schoenhoff said. He declined … Continued

How hotels suddenly became a key part of the mix

Kurt’s quotes (see below for details and context): Kurt Schoenhoff, vice president of hospitality and brokerage services at Selwyn Property Group, says hotel developers want to be part of mixed-use projects because the surrounding retail makes their properties more appealing to guests. “They’re very complementary to each other,” Schoenhoff says. “The office component needs the … Continued

Hotel, retail, townhomes up next for City Park

Comment about Kurt (see below for details and context): Kurt Schoenhoff of Selwyn Property Group represented MJM Group on the City Park purchase. Full Article: It looks as though a few more pieces are falling into place out at City Park, Pope & Land Enterprises’ multi-use project at the former Charlotte Coliseum site between West … Continued

Crescent and Levine both planning apartment-hotel combos, a first for Charlotte

Two development firms are planning a mix of uses that would be a first in Charlotte: combining hotel rooms with apartment units in a single building. Yesterday, at the Charlotte Business Journal’s CREQ Live event, Brian Leary, president of commercial and mixed-use at Crescent Communities, said the Charlotte development firm is looking at building 75 … Continued

Hotels are making room for millennials

Kurt’s quotes (see below for details and context): “Given how millennials will travel, they represent a significant portion of hotel occupancy and growth,” says Kurt Schoenhoff, vice president of hospitality and brokerage services for Selwyn Property Group. Schoenhoff says technology and smartphone apps are the cornerstone of hotels attracting millennials, including apps that enable travelers … Continued

Raleigh developer with two Charlotte hotels under construction offers take on local market

Comment on Kurt (see below for details and context): Kurt Schoenhoff, who recently started hospitality and retail advisory firm Verticore Commercial, represented MJM Group in the transactions. Full Article: A Raleigh hotel developer that’s under construction on two hotels in the Steele Creek area and recently launched a hospitality lending software application is “seriously considering” … Continued

Raleigh developer MJM Group bringing new Marriott to Charlotte’s Harris Corners

Comments about Kurt (see below for details and context): Kurt Schoenhoff of Selwyn Property Group, who represented MJM, says the hotel is the first new Marriott to be constructed in Charlotte in five years and will be the chain’s first LEED-certified hotel here. The hotel will include meeting space, a Bistro at Courtyard restaurant in … Continued

Room demand opens door to new development

Kurt’s quote (see below for details and context): With improvement in industry fundamentals in recent years and little new supply since the recession, banks are willing to finance hotel development and Charlotte is drawing increased attention from hotel developers and investors, says Kurt Schoenhoff, vice president of hospitality and brokerage services at Selwyn Property Group. … Continued

Tapestry Collection by Hilton
Uptown Charlotte, NC

Ten Tryon, a mixed use development by Armada Hoffler
Developer: The Calhoun Group

Publix Supermarket, 100,000 sf of Class A office, restaurants