Viceroy Hotels’ Founder to Launch New Proper Hotels Brand

With the rise of so-called urban “innovation districts” rearranging so many downtown cores so quickly, there’s been a lack of hotel product to keep pace that aligns with the startup and creative professional crowds swarming to them.

Launching today, Proper Hotels is a new lifestyle hospitality brand that will attempt to bridge the luxury mindset of a brand like Viceroy Hotels with the quixotic underground spirit of ones like Ace Hotel or 21c Hotels. Opening first in San Francisco’s Mid-Market neighborhood at the end of 2015, Proper is the brainchild of CEO Brad Korzen, the founder and former CEO of Viceroy Hotels.

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Douglas Taps United Bank, EB-5 To Finance Spec Office Project

A veteran Washington, D.C., developer has raised financing for a speculative office building project near Ford’s Theater with a $44.5 million construction loan and $9 million obtained through a federal program that allots visas to foreigners who invest in U.S. development projects.

Douglas Development Corp. has already started building the 93,000 square foot tower at 1000 F Street. The building is considered speculative because Douglas is moving ahead with very little preleasing.

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Say Hello to Canopy by Hilton

Hilton Worldwide today announced the launch of Canopy by Hilton, a new hotel brand that redefines the lifestyle category around the mindset of today’s leisure and business travelers. Christopher J. Nassetta, president and CEO of Hilton Worldwide, unveiled the Canopy by Hilton concept to nearly 1,900 owners and development representatives at Hilton Worldwide’s Global Partnership Conference in Orlando, Florida.

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Immigrant Investors: A New Source of Real Estate Capital

When the Athia family arrived in Washington, D.C., during the 1990s, they gained entrée to the local motel industry through connections from their native India. What began for them as front desk check-ins and the cleaning of motel rooms in suburban Maryland has grown into Baywood Hotels, a successful family-run hospitality development firm that has completed more than 70 hotels nationwide.

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Marriott Marquis Washington, DC Now Accepting Applications for Hundreds of Job Opportunities

The Marriott Marquis in Washington, DC, the city’s soon-to-be-largest hotel, has officially started accepting applications for hourly employees as of Thursday, February 20. Opening on May 1, over the course of the year Marriott Marquis Washington, DC will provide hundreds of job opportunities, in housekeeping and front office, culinary, restaurants, engineering, loss prevention, and more.

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