Procaccianti Companies was an active acquirer and seller of real estate in 2019. We are pleased to announce that we completed approximately $650 million of transaction volume and were ranked by Hotel Business® as America’s sixth largest privately-held hotel owner and developer. Click here to view our 2019 Transactions. For more information regarding our 2019 […]
The Regatta Inn adds to the Firm’s growing presence on Nantucket and further expands its national portfolio of upper-upscale boutique and independently branded hotels Friday November 25, 2019 (Providence, RI) – Procaccianti Companies (Est. 1958), a second generation privately-held real estate investment and hospitality services organization, today announced that it has acquired The Regatta […]
The 176-suite Residence Inn by Marriott in Providence, Rhode Island opened its doors to guests on October 1, 2019. Located at 100 Sabin Street, the all-suite Residence Inn Providence Downtown operates as a Marriott franchise, is owned by Procaccianti Companies and managed by TPG Hotels and Resorts of Cranston, Rhode Island. General Manager Viktor Nebesnyuk […]
Company Adds The Lodge at Tiburon and Toll House Hotel to the Firm’s Expanding Portfolio of Upper Upscale Independent Hotels Thursday August 22, 2019 (Providence, RI) – Procaccianti Companies, the second generation privately-held real estate investment and hospitality services organization, today announced that it has acquired two landmark Northern California hotels: The Lodge at Tiburon […]
Monday April 29, 2019 (Providence, RI) – Procaccianti Companies today announced that it has acquired Hampshire Hospitality Holdings, LLC, the operators of Mill Falls at the Lake Resort since 1985. Mill Falls at the Lake is a collection of waterfront hospitality assets totaling 171 rooms along the shores of Lake Winnipesaukee in Meredith, New Hampshire. […]
Procaccianti Companies today announced the acquisition of The Veranda House Hotel Collection which consists of two adjacent boutique hotels totaling 29 guestrooms. Located on renowned Nantucket Island (MA), The Veranda House and Chapman House are located at 3 Step Lane within the heart of Nantucket’s historic downtown. Nantucket is an unparalleled luxury tourist destination who’s […]
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 […]