Stanford Hotels Wraps First Overhaul of 280-Room Hilton Santa Clara in 25 Years, Betting on Groups and Game Days
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- 46 stories mentioning Hilton on the wire in the past 90 days. Hilton coverage →
Computed from Real Estate Trail’s own tracked coverage
Stanford Hotels has finished a multimillion-dollar, phased overhaul of the 280-room Hilton Santa Clara, reworking guest rooms, dining and nearly 17,000 square feet of meeting and event space to go after corporate grou…
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