Charlotte’s a market in recovery, if not yet in full stride

Kurt’s quotes (see below for details and context): The panel included . . . Kurt Schoenhoff, vice president of hospitality and brokerage services at Selwyn Property Group, who specializes in land deals for hotel development. Schoenhoff: The recession was very hard on hospitality. Hotels were the last thing that banks were interested in financing. However, in … Continued

Tara Investments building new hotel at Toringdon Circle

Comment about Kurt (see below for details and context): Kurt Schoenhoff at Selwyn Property Group represented both the seller and the buyer. Full Article: Charlotte hotel developer Tara Investments has purchased 6.2 acres in the Toringdon Circle mixed-use development in south Charlotte and has begun site work for a four-story, 117-room hotel that is expected … Continued

A new mix for Charlotte developers

Kurt’s quotes (see below for details and context): Charlotte has a hotel-condo combo on Caldwell Street uptown, where a 172-room Hyatt Place hotel shares a building with the 69-unit Skye condo project, but the city doesn’t have any apartment-hotel combinations (at least that I’m aware of). The concept is starting to show up in other … Continued

120-room Residence Inn to be developed in Steele Creek

Comment about Kurt (see below for details and context): Kurt Schoenhoff at Selwyn Property Group represented MJM Group. Full Article: A Raleigh-based hospitality developer is bringing a 120-room Marriott International flag to Steele Creek. MJM Group is at the helm of a $20 million Residence Inn at the intersection of Dixie River Road and Trojan Drive … Continued

Trinity adding amenities at Toringdon

Comment about Kurt (see below for details and context): Kurt Schoenhoff of Selwyn Property Group represented Beacon IMG on the outparcel purchase. Full Article: The owners of the Toringdon office park in south Charlotte plan to convert a private street into a open green space and are also working to bring a fitness facility to … Continued

One big hotel deal done in Charlotte, others may be on way

Kurt’s Comments (see below for details and context): Kurt Schoenhoff, a vice president of hospitality and brokerage services with Selwyn Property Group, says the inflated rates at suburban hotels demonstrated an opportunity. “It indicated a real need for more full-service hotels in downtown Charlotte,” he says. Full Article: The Democratic National Convention may have brought … Continued

SREE buys land in uptown Charlotte for hotel

Comment about Kurt (see below for details and context): Kurt Schoenhoff of Selwyn Property Group brokered the land sale. Full Article: SREE Hotels, a Charlotte-based hotel development and management company, has purchased a small uptown tract next to the Center City Green parking development and plans to build a hotel there with 150 to 200 rooms. The … Continued

New Hyatt Place hotel at Chapel Hill’s Southern Village sets opening date

Chapel Hill’s quaint Southern Village mixed-use community will soon be adding hotel amenities to the mix. The new Hyatt Place hotel is scheduled to open May 2. The 110-room, five-story hotel was approved by the town in late 2013, but Southern Village developer D.R. Bryan has had tentative plans to add a hotel to the community since Southern … 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