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.

The 225-Key Iconic Hotel Will Introduce the Bespoke AKA Experience to Boston’s Discerning Travelers Who Are Looking for a City Stay

The 152-key hotel at 1 Washington Circle will undergo a $30 million renovation and re-open in 2023 as “AKA Foggy Bottom”

Tampa, FL [May 23, 2022] – Korman Communities, in partnership with RXR, has completed the purchase of its first property in the Tampa Bay market. The brand new, 353-unit, eight-story, professionally managed, Class A property boasting 25,000 square feet of amenity space, AVE Tampa Riverwalk, offers a unique flexible-stay living solution in Downtown Tampa.

Pioneering New Mixed-Use Silicon Valley Development From Ensemble Real Estate. AVE Santa Clara, a new premium 311-unit, eight-story, residential community from Ensemble Real Estate Investments, will break ground on May 19.  AVE Santa Clara is the first of Ensemble’s seven planned projects in the 45-acre Tasman East District.            

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.