For Release – September 29, 2017 – Carey Watermark Investors Incorporated (CWI 1) and Carey Watermark Investors 2 Incorporated (CWI 2), two non-traded real estate investment trusts (REITs) that invest in lodging and lodging-related properties, announced that they have acquired Bacara Resort & Spa. Strategically located on 78 oceanfront acres in close proximity to Santa Barbara and the Santa Ynez…
For Release June 2, 2017 – Carey Watermark Investors 2 Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired the Charlotte Marriott City Center, located in Uptown, Charlotte’s central business district (CBD). Key Facts Newly renovated, high-quality asset: Over $40 million of capital improvements to the property were completed…
NEW YORK – December 14, 2016 – The Carey Watermark Investors (CWI) series of non-traded real estate investment trusts focused on investing in lodging and lodging-related properties, announced that it has been inducted into Marriott International’s prestigious Partnership Circle Hall of Fame. The annual Partnership Circle Awards are the highest honor Marriott International presents to its hotel managers and owners…
For Release August 31, 2016 – Carey Watermark Investors Incorporated 2 (CWI 2) announced that it has acquired the Renaissance Atlanta Midtown Hotel. The 21-story full-service property includes 304 guestrooms and is located in the diverse and growing Midtown submarket of Atlanta, Georgia. Key Facts High-quality asset: Constructed in 2009 and subsequently converted to a Renaissance in 2011, the boutique…
For Release July 25, 2016 - Carey Watermark Investors 2 Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired San Diego Marriott La Jolla. The hotel includes 372 guestrooms and is located in La Jolla, one of San Diego’s strongest and most affluent submarkets. Key Facts…
For Release – July 7, 2016 – Carey Watermark Investors 2 Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired the San Jose Marriott. The recently renovated hotel includes 510 guestrooms and is located in downtown San Jose, CA one of Silicon Valley’s strongest lodging markets. The…
For Release June 29, 2016 – Carey Watermark Investors 2, Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired the Le Méridien Arlington. The hotel is part of a mixed-use development which includes 621,000 square feet of Class A office space, and 136 residential units as…
For Release February 18, 2016 – Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired The Equinox Golf Resort & Spa, part of Starwood's The Luxury Collection brand. The expansive, historic resort is located on 1,300 acres between the Green and Taconic Mountains in Manchester, Vermont, and includes 195 guestrooms, 18,500 square feet of flexible meeting and event…
For Release February 17, 2016 – Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired from Fairmont Hotels & Resorts the remaining 25 percent interest in the Fairmont Sonoma Mission Inn & Spa, bringing its ownership of the property to 100 percent. CWI 1 acquired its original 75 percent joint venture interest from Fairmont in July 2013. Fairmont…
