Latest news with #HilcoRealEstateSales
Yahoo
6 days ago
- Business
- Yahoo
HILCO REAL ESTATE SALES ANNOUNCES OCEANFRONT HOTEL INVESTMENT OFFERING AVAILABLE FOR SALE IN NEWPORT, OREGON
NORTHBROOK, Ill., June 2, 2025 /PRNewswire/ -- Hilco Real Estate Sales, in cooperation with Marcus & Millichap, announce July 17, 2025, as the offer deadline for the Shilo Inns Newport Oceanfront, a 179-room, full-service hotel located at 536 SW Elizabeth Street in Newport, Oregon. Positioned directly on the Pacific Ocean, this fee simple offering represents a compelling opportunity for experienced hospitality investors, operators or redevelopers to acquire a large-scale coastal property in one of Oregon's most desirable tourism markets. The hotel spans 2.48± acres across five buildings and offers 900 feet of exclusive beachfront access. Built in 1966, the property features 179 spacious guest rooms with both interior and exterior corridors, along with over 5,000± SF of meeting space, a 3,450± SF full-service restaurant and lounge with panoramic ocean views, a 1,178± SF café and two indoor pools. Zoned C2, the property is strategically located near key demand drivers including Nye Beach, the Oregon Coast Aquarium and the Hatfield Marine Science Center, all accessible via U.S. Route 101. Newport is a year-round tourist destination known for its scenic beauty, historic bayfront, active marine industry and outdoor recreation. The city draws consistent drive-to traffic from Portland and Eugene and benefits from a moderate hotel supply with limited new development. These favorable market dynamics, combined with the Shilo Inn's prime location and strong existing revenue, position the property for significant value-add potential through operational enhancements, capital improvements or full-scale redevelopment. Jordan Schack, vice president at Hilco Real Estate Sales, stated, "This asset offers an exceptional opportunity to acquire a legacy hotel with tremendous upside. With its premier location and multiple revenue drivers, the Shilo Inns is well-positioned to become a dominant hospitality anchor on Oregon's Central Coast." Offers must be submitted no later than July 17, 2025, at 5:00 p.m. (PT), using the Asset Purchase Agreement (APA) available on Hilco Real Estate Sale's website. For further information, please contact Jordan Schack at (847) 504-3297, jschack@ Chris Gomes at (972) 786-2719, Christian Apt at (972) 755-5217, or David Tabata at (503) 200-2050, For information on the property, sale process and terms or to obtain access to due diligence documents, please visit or call (855) 755-2300. About Hilco Real Estate Sales Successfully positioning the real estate holdings within a company's portfolio is a material component of establishing and maintaining a strong financial foundation for long-term success. At Hilco Real Estate Sales (HRE), a Hilco Global company ( we advise and execute strategies to assist clients seeking to optimize their real estate assets, improve cash flow, maximize asset value and minimize liabilities and portfolio risk. We help clients traverse complex transactions and transitions, coordinating with internal and external networks and constituents to navigate ever-challenging market environments. The trusted, full-service HRE team has secured billions in value for hundreds of clients over 20+ years. We are deeply experienced in complex transactions including artful lease renegotiation, multi-faceted sales structures, strategic asset management and capital optimization. We understand the legal, financial and real estate components of the process, all of which are vital to a successful outcome. HRE can help identify the most viable options and direction for a company and its real estate portfolio, delivering impressive results in every situation. View original content to download multimedia: SOURCE Hilco Real Estate, LLC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
HILCO REAL ESTATE SALES ANNOUNCES OCEANFRONT HOTEL INVESTMENT OFFERING AVAILABLE FOR SALE IN NEWPORT, OREGON
NORTHBROOK, Ill., June 2, 2025 /PRNewswire/ -- Hilco Real Estate Sales, in cooperation with Marcus & Millichap, announce July 17, 2025, as the offer deadline for the Shilo Inns Newport Oceanfront, a 179-room, full-service hotel located at 536 SW Elizabeth Street in Newport, Oregon. Positioned directly on the Pacific Ocean, this fee simple offering represents a compelling opportunity for experienced hospitality investors, operators or redevelopers to acquire a large-scale coastal property in one of Oregon's most desirable tourism markets. The hotel spans 2.48± acres across five buildings and offers 900 feet of exclusive beachfront access. Built in 1966, the property features 179 spacious guest rooms with both interior and exterior corridors, along with over 5,000± SF of meeting space, a 3,450± SF full-service restaurant and lounge with panoramic ocean views, a 1,178± SF café and two indoor pools. Zoned C2, the property is strategically located near key demand drivers including Nye Beach, the Oregon Coast Aquarium and the Hatfield Marine Science Center, all accessible via U.S. Route 101. Newport is a year-round tourist destination known for its scenic beauty, historic bayfront, active marine industry and outdoor recreation. The city draws consistent drive-to traffic from Portland and Eugene and benefits from a moderate hotel supply with limited new development. These favorable market dynamics, combined with the Shilo Inn's prime location and strong existing revenue, position the property for significant value-add potential through operational enhancements, capital improvements or full-scale redevelopment. Jordan Schack, vice president at Hilco Real Estate Sales, stated, "This asset offers an exceptional opportunity to acquire a legacy hotel with tremendous upside. With its premier location and multiple revenue drivers, the Shilo Inns is well-positioned to become a dominant hospitality anchor on Oregon's Central Coast." Offers must be submitted no later than July 17, 2025, at 5:00 p.m. (PT), using the Asset Purchase Agreement (APA) available on Hilco Real Estate Sale's website. For further information, please contact Jordan Schack at (847) 504-3297, jschack@ Chris Gomes at (972) 786-2719, Christian Apt at (972) 755-5217, or David Tabata at (503) 200-2050, For information on the property, sale process and terms or to obtain access to due diligence documents, please visit or call (855) 755-2300. About Hilco Real Estate Sales Successfully positioning the real estate holdings within a company's portfolio is a material component of establishing and maintaining a strong financial foundation for long-term success. At Hilco Real Estate Sales (HRE), a Hilco Global company ( we advise and execute strategies to assist clients seeking to optimize their real estate assets, improve cash flow, maximize asset value and minimize liabilities and portfolio risk. We help clients traverse complex transactions and transitions, coordinating with internal and external networks and constituents to navigate ever-challenging market environments. The trusted, full-service HRE team has secured billions in value for hundreds of clients over 20+ years. We are deeply experienced in complex transactions including artful lease renegotiation, multi-faceted sales structures, strategic asset management and capital optimization. We understand the legal, financial and real estate components of the process, all of which are vital to a successful outcome. HRE can help identify the most viable options and direction for a company and its real estate portfolio, delivering impressive results in every situation. View original content to download multimedia: SOURCE Hilco Real Estate, LLC Sign in to access your portfolio
Yahoo
30-05-2025
- Business
- Yahoo
HILCO REAL ESTATE SALES CONTINUES PARTNERSHIP WITH NORA FOR UPCOMING NEW ORLEANS AUCTION FEATURING RESIDENTIAL & COMMUNITY DEVELOPMENT OPPORTUNITIES
NORTHBROOK, Ill., May 30, 2025 /PRNewswire/ -- Hilco Real Estate Sales is pleased to announce its continued participation with the New Orleans Redevelopment Authority (NORA) and their upcoming online auction of 100± vacant land parcels. Bidding will begin at 8:00 a.m. (CT), Tuesday, June 17, 2025, and conclude between 12:00 p.m. and 6:00 p.m. (CT) on Wednesday, June 18, 2025. This next installment features 97 vacant residential lots and 11 non-housing development opportunities, all with opening bids starting at $4,000. The addition of these non-housing sites presents a unique opportunity for individuals, neighborhood groups and local organizations to transform underutilized parcels into key community assets such as impactful spaces such as community gardens, green spaces, playgrounds, pocket parks, art installations or other public-use projects that serve local neighborhoods. These parcels are ideal for enhancing the livability and sustainability of the surrounding communities, especially when acquired by adjacent property owners for expansion or beautification purposes. "We are excited to expand this auction to include non-housing development options that can serve as catalysts for community connection," said Brenda Breaux, executive director of the New Orleans Redevelopment Authority. "With the inclusion of these parcels, we're encouraging innovative, community-driven projects that breathe new life into NOLA." Fernando Palacios, strategic consultant with Hilco Real Estate Sales, added, "This auction offers buyers an accessible entry point into property ownership while also supporting broader city revitalization. It empowers New Orleans residents to invest in their neighborhoods through creative and meaningful uses of land." The properties are being sold on an "as-is, where-is" basis. Winning bidders are required to complete rehabilitation or construction within 18 months of closing. For properties with a non-housing development option, buyers must complete a non-residential use—such as a garden, green space or similar project—in accordance with the New Orleans Comprehensive Zoning Ordinance within the same 18-month period. All buyers must keep properties code compliant from the time of closing through project completion. Prior to the auction, on-site inspections can be conducted at any time at the viewer's leisure. Closing is required within 30 calendar days after the auction and financing will not be a contingency so buyers will need to know they can close on their purchase within the required timeframe and have available pre-approval for their own personal financing. Buyers must obtain and maintain flood insurance for any structures as a condition of closing. There will be a virtual "Buyers' Seminar" on Thursday, June 5, 2025, at 5:30 p.m. (CT). For more information, including registration requirements, about this NORA auction, please contact Fernando Palacios at (504) 500-1891 or visit The terms and conditions set forth herein are for informational purposes only and shall not be deemed to be and are not intended to be a comprehensive or complete listing of the applicable terms and conditions. All potential buyers should read carefully the terms and conditions of the auction and sale set forth at The terms and conditions set forth at shall govern and shall supersede any terms and conditions set forth herein. For further information on the properties, sale process and terms, please visit or call (855) 755-2300. About Hilco Real Estate Sales Successfully positioning the real estate holdings within a company's portfolio is a material component of establishing and maintaining a strong financial foundation for long-term success. At Hilco Real Estate Sales (HRE), a Hilco Global company ( we advise and execute strategies to assist clients seeking to optimize their real estate assets, improve cash flow, maximize asset value and minimize liabilities and portfolio risk. We help clients traverse complex transactions and transitions, coordinating with internal and external networks and constituents to navigate ever-challenging market environments. The trusted, full-service HRE team has secured billions in value for hundreds of clients over 20+ years. We are deeply experienced in complex transactions including artful lease renegotiation, multi-faceted sales structures, strategic asset management and capital optimization. We understand the legal, financial, and real estate components of the process, all of which are vital to a successful outcome. HRE can help identify the most viable options and direction for a company and its real estate portfolio, delivering impressive results in every situation. View original content to download multimedia: SOURCE Hilco Real Estate, LLC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
HILCO REAL ESTATE SALES CONTINUES PARTNERSHIP WITH NORA FOR UPCOMING NEW ORLEANS AUCTION FEATURING RESIDENTIAL & COMMUNITY DEVELOPMENT OPPORTUNITIES
NORTHBROOK, Ill., May 30, 2025 /PRNewswire/ -- Hilco Real Estate Sales is pleased to announce its continued participation with the New Orleans Redevelopment Authority (NORA) and their upcoming online auction of 100± vacant land parcels. Bidding will begin at 8:00 a.m. (CT), Tuesday, June 17, 2025, and conclude between 12:00 p.m. and 6:00 p.m. (CT) on Wednesday, June 18, 2025. This next installment features 97 vacant residential lots and 11 non-housing development opportunities, all with opening bids starting at $4,000. The addition of these non-housing sites presents a unique opportunity for individuals, neighborhood groups and local organizations to transform underutilized parcels into key community assets such as impactful spaces such as community gardens, green spaces, playgrounds, pocket parks, art installations or other public-use projects that serve local neighborhoods. These parcels are ideal for enhancing the livability and sustainability of the surrounding communities, especially when acquired by adjacent property owners for expansion or beautification purposes. "We are excited to expand this auction to include non-housing development options that can serve as catalysts for community connection," said Brenda Breaux, executive director of the New Orleans Redevelopment Authority. "With the inclusion of these parcels, we're encouraging innovative, community-driven projects that breathe new life into NOLA." Fernando Palacios, strategic consultant with Hilco Real Estate Sales, added, "This auction offers buyers an accessible entry point into property ownership while also supporting broader city revitalization. It empowers New Orleans residents to invest in their neighborhoods through creative and meaningful uses of land." The properties are being sold on an "as-is, where-is" basis. Winning bidders are required to complete rehabilitation or construction within 18 months of closing. For properties with a non-housing development option, buyers must complete a non-residential use—such as a garden, green space or similar project—in accordance with the New Orleans Comprehensive Zoning Ordinance within the same 18-month period. All buyers must keep properties code compliant from the time of closing through project completion. Prior to the auction, on-site inspections can be conducted at any time at the viewer's leisure. Closing is required within 30 calendar days after the auction and financing will not be a contingency so buyers will need to know they can close on their purchase within the required timeframe and have available pre-approval for their own personal financing. Buyers must obtain and maintain flood insurance for any structures as a condition of closing. There will be a virtual "Buyers' Seminar" on Thursday, June 5, 2025, at 5:30 p.m. (CT). For more information, including registration requirements, about this NORA auction, please contact Fernando Palacios at (504) 500-1891 or visit The terms and conditions set forth herein are for informational purposes only and shall not be deemed to be and are not intended to be a comprehensive or complete listing of the applicable terms and conditions. All potential buyers should read carefully the terms and conditions of the auction and sale set forth at The terms and conditions set forth at shall govern and shall supersede any terms and conditions set forth herein. For further information on the properties, sale process and terms, please visit or call (855) 755-2300. About Hilco Real Estate Sales Successfully positioning the real estate holdings within a company's portfolio is a material component of establishing and maintaining a strong financial foundation for long-term success. At Hilco Real Estate Sales (HRE), a Hilco Global company ( we advise and execute strategies to assist clients seeking to optimize their real estate assets, improve cash flow, maximize asset value and minimize liabilities and portfolio risk. We help clients traverse complex transactions and transitions, coordinating with internal and external networks and constituents to navigate ever-challenging market environments. The trusted, full-service HRE team has secured billions in value for hundreds of clients over 20+ years. We are deeply experienced in complex transactions including artful lease renegotiation, multi-faceted sales structures, strategic asset management and capital optimization. We understand the legal, financial, and real estate components of the process, all of which are vital to a successful outcome. HRE can help identify the most viable options and direction for a company and its real estate portfolio, delivering impressive results in every situation. View original content to download multimedia: SOURCE Hilco Real Estate, LLC
Yahoo
21-05-2025
- Business
- Yahoo
Shape the Future of Miami's Skyline at 340 Biscayne Blvd
NORTHBROOK, Ill., May 21, 2025 /PRNewswire/ -- Hilco Real Estate Sales (HRE) is now accepting offers through June 16 for a fully entitled, redevelopment site at 340 Biscayne Boulevard, the last premier waterfront parcel available for sale in Downtown Miami. Spanning 0.91 acres, approved plans call for an 82-story, 1.44 million-square-foot mixed-use tower that will set a new standard for skyline-defining architecture, sustainable innovation and ultra-luxury living in one of the world's fastest-rising cities. Regalia on the Bay, as it is tentatively named, is more than a project—it's a vision for a vertical ecosystem that blends world-class residences, a five-star sensorial boutique hotel, high-end office space and curated wellness and culinary destinations. The site is zoned T6-80-O, allowing for a transformative development program that includes: 365 ultra-luxury residences 120-key boutique hotel 110 design-ready serviced condos Wellness and longevity center Gourmet food hall and rooftop sky lounge Premium office and business center With a design centered on wellness, nature and sustainable innovation, the project plans include features such as hydroponic gardens, biohacking therapies, immersive meditation cocoons and AI-powered fitness technology. It is conceived to support a self-sustaining lifestyle and serve as a cultural, social and economic beacon for the new Miami. This is a rare chance to help shape a globally significant address from its inception. Regalia on the Bay is where architecture meets aspiration—where luxury, sustainability and innovation converge. Invest in what's next in this legacy-defining development. About Hilco Real Estate Sales Hilco Real Estate Sales (HRE), a Hilco Global company, is a trusted advisor and transaction specialist for some of the largest, most complex real estate holdings in the U.S. and globally. With over two decades of experience and billions in secured value, HRE's team is deeply versed in strategic asset positioning, complex deal structures, capital optimization, and delivering results across ever-changing markets. HRE has been exclusively retained to lead the international marketing of 340 Biscayne, chosen for its ability to generate global exposure, attract qualified capital and maximize long-term value. Leveraging its extensive network and proven platform, HRE has launched a global campaign to identify a visionary development partner, investor or buyer—someone ready to transform this rare waterfront site into a defining destination. For further information, please contact Jeffrey Azuse at (847) 418-2703 or jazuse@ Stephen Madura at (847) 504-2478 or smadura@ and Michael Kneifel at (847) 201-2322 or mkneifel@ For further information on the property, terms of participation or to obtain access to due diligence documents, please visit or call (855) 755-2300. View original content to download multimedia: SOURCE Hilco Real Estate, LLC Sign in to access your portfolio
