News

BOSTON — Electra America Hospitality Group (EAHG) has acquired the 225-room Loews Boston Hotel in the heart of Boston’s Back Bay neighborhood. The purchase price was undisclosed.

Electra America Hospitality Group, a joint venture between Electra America and AKA, has purchased a new multifamily property in downtown West Palm Beach for $84 million, with plans to develop a 217-room hotel asset called AKA West Palm.

JV will reposition and rebrand the Miami hotel to Hotel AKA Brickell

Electra America Hospitality Group, a joint venture between Electra America and AKA, has acquired a former 178-key Holiday Inn & Suites in Alexandria, Va.

A joint-venture between Florida-based Electra America and AKA Hotel Residences closed on the sale of the leasehold interest of the 193-room hotel at 131 Madison Avenue from Pebblebrook Hotel Trust.

Brad Korman was featured in Urban Land Institute Philadelphia’s Views from the Top column.