Electra America Hospitality Group nabbed The Roger New York hotel for a hefty discount. The joint venture between Electra America and luxury extended-stay firm AKA Hotel Residences snapped up the ...

A multifamily investment firm and a luxury hotel residences company have partnered to launch a $500 million hotel investment fund, seeking to take advantage of opportunities created by the pandemic.

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Electra America Hospitality Group has snapped up The Roger New York hotel in Midtown for $19 million, Commercial Observer has learned. Pebblebrook announced the sale on June 11 — but didn’t name the ...