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Latest CIP News…
For Franchisees, Seattle’s Minimum Wage Law Offers More Questions Than Answers
A line has been drawn in the sand. But for Seattle’s franchisees, including its flagged hotels, where that line exists depends on where the dust ultimately settles. The city’s new minimum wage ordinance, which, in June, the city council unanimously voted for and Mayor Ed Murray signed into law, will raise Seattle’s minimum wage to […]
Second Generation Inn Keepers Grow Peppertree Inns Across Washington State
The SBA Regional newsletter this past month highlighted a success story both local and inspiring. Rita Santillanes and her family have engaged in hands on financial best practices by growing their Peppertree Inn properties through discerning use of SBA programs. Knowing when and how to remodel or add rooms is key to sustainable growth. Ever […]
SOLD! Guesthouse Inn & Suites, Yakima
Crystal Investment Property is pleased to CONGRATULATE the Buyers and Sellers of the Guesthouse Inn & Suites in Yakima, Washington. As the Seller’s representative, we appreciate the co-operative efforts of all parties involved to achieve a successful transaction. We wish the Sellers the best of luck as they move on and the Buyers the best […]
SOLD! Oceanside Inn in Oceanside, Oregon
Crystal Investment Property is pleased to CONGRATULATE the Buyers and Sellers of the Oceanside Inn in Oceanside, Oregon. Representing both the Buyer and Seller in this transaction, we were pleased to be able to coordinate the efforts of all parties and their professionals to achieve a successful transaction. We wish the Seller the best of […]
Is it time to Refinance?
When considering refinancing your existing hotel assets, it’s important to understand the current lending climate. Here’s what our research found: Ten-year Treasury Swap rate has increased by 82% over the same time last year Ten-year Treasury Constant maturity rate has increased by 72% in the last year PRIME Rate: The Fed has indicated that no […]
