Greens Development acquired the 202-key Hyatt Place Las Vegas for $24.6 million, located less than two miles from the Strip, with Hunter Hotel Advisors advising on the sale from Hospitality Investors Trust.
Greens Group sold a Pilot Flying J Travel Center in Jurupa Valley for $14 million, setting new nationwide records for highest sales price and lowest cap rate for a Pilot ground lease.
Greens Group's Verdant LaQuinta LLC plans to build a 125-room Hampton Inn on a 2.8-acre site at La Quinta Drive and Auto Centre Drive, approved by the La Quinta City Council.