Recent Transactions

Vacant, Former Sugar Plant to be Transformed into Iconic 82-Room Modern-Luxury Hotel February 2019 (Providence, RI) – Procaccianti Companies, the nation’s premier privately-held real estate investment and services organization, today announced that it has inked a deal to deliver the first new hotel to New Orleans Historic French Quarter in more than 50 years. In […]

November 26, 2018: Moxy Washington, DC Downtown now Open – Managed by TPG Hotels & Resorts Link to Marriott Website: http://moxy-hotels.marriott.com/en/hotels/washington-dc Please see the following article that appeared on TravelPulse.com: https://www.travelpulse.com/news/hotels-and-resorts/marriotts-moxy-brand-comes-to-washington-dc.html

TPG Hotels & Resorts to Manage Indigo Hotel in Traverse City Michigan The 107-room, boutique style, select-service hotel opened in May 2016 and overlooks Lake Michigan’s West Grand Traverse Bay. Located in the Downtown Warehouse District, the hotel features include underground valet parking, approximately 3,000 square feet of meeting space, a fitness center, business center, […]

For Immediate Release:  July 26, 2018 CubeSmart opens state of the art self-storage facility in Cranston — Mayor Fung applauds Proccacianti Group, Bluedog Capital Partners for investment in Cranston RHODE ISLAND – CubeSmart is proud to announce the grand opening of their newest 81,000 square foot property which includes a state of the art, climate […]

“Topping Off” of Providence’s Newest Hotel Marks Major Construction Milestone and Progress Downtown 176-room Residence Inn is on schedule to open in 2019   PROVIDENCE – Governor Gina Raimondo, Mayor Jorge Elorza, labor, business and community leaders joined executives from the Procaccianti Companies and Gilbane Building in downtown Providence today to celebrate the “topping off” […]

PROVIDENCE, RI – TPG Construction, the construction management affiliate of Procaccianti Companies, announced that it is nearing completion of its multi-million dollar renovation and brand conversion of the former Comfort Inn at TF Green Airport. Owned and operated by the firm since the mid 1980’s, the former Comfort Inn has undergone a comprehensive renovation and […]

  PROVIDENCE, RI – (October 2017) Procaccianti Companies, one of the nation’s premier real estate invest and services organizations, recently acquired an upscale Class ‘A’ office building located at 231 Royal Palm Way in Palm Beach Florida. The approximately 12,000 square foot building was built in 1973 in the Palm Beach Regency style. Currently the […]

(from an earlier press release) PROVIDENCE, RI — TPG Hotels & Resorts Procaccianti Companies hospitality management affiliate, recently announced it had been selected to operate the first Moxy hotel in Washington, DC. In coordination with Owner/Developer Douglas Development Corporation of Washington DC, TPG Hotels & Resorts will provide technical development services assistance throughout the development process and manage […]

With budgets, agreements, permits, approvals, and financing secured – developers of the City’s newest upscale hotel preparing site for vertical construction set to commence in 90-120 days February 12 2018 (Providence, RI) – Procaccianti Companies, the nation’s premier privately-held real estate investment and services organization, today announced it has completed nearly all pre-construction activities which included […]