IRHM, Your Global Window into Real Estate and Hospitality

October 21, 2025

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Kimpton is set to expand its luxury presence in Arizona with the debut of Kimpton Miralina Resort & Villas in Paradise Valley. Opening in early 2026, the 42-acre property will be the first IHG luxury brand in the area, offering guests a contemporary desert retreat with high-end amenities, multiple dining venues, and sweeping mountain views.
Dwight Capital and Dwight Mortgage Trust closed $410 million in total financings in September 2025, spanning projects across Tennessee, Texas, and Washington. The deals include construction and bridge loans supporting major multifamily developments nationwide.
The Ascott Limited has strengthened its European presence with seven new property signings across Vienna and Seville, totalling nearly 1,100 units. The move deepens the group’s partnership with VIE Trust Real Estate Group and expands its footprint in Spain with its first resort project in Seville’s Lagoon City.
Ellington Properties has taken a major step forward in developing Mercer House in Uptown Dubai, signing a AED 1 billion+ construction contract with China Railway 18th Bureau Group. The partnership marks a significant moment for one of Dubai’s leading design-led projects, which is already recognised internationally for its architectural and lifestyle excellence.
RangeWater Real Estate has appointed Wendy Tucker as Managing Director of Property Management, expanding its leadership team as it continues to grow across the Sun Belt and Mountain West. Tucker, a seasoned professional with more than 25 years in the multifamily housing industry, will oversee operations across Coastal Georgia, the Carolinas, and the Mid-Atlantic regions.
IHG Hotels & Resorts has opened the first Garner hotel in Türkiye with the launch of Garner Hotel Istanbul – Airport Arnavutköy. Located just 14 kilometres from Istanbul Airport, the 56-room property is designed to provide comfort, convenience, and value for both business and leisure travellers, marking a key milestone for IHG’s expanding Garner portfolio.
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