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Latest news: Assurance buys 3 in Colorado; Manhattan casino rejected; ESA sells 3 in Philly

Breaking news about deals, development, data and more.

Assurance acquires 3 in Colorado. Salt Lake City, Utah-based Assurance Hospitality and Affiliates has acquired three Marriott hotels in Longmont, Colorado: the 78-key Courtyard Boulder Longmont, the 90-key SpringHill Suites Boulder Longmont and the 84-key Residence Inn Boulder Longmont, along with The Meeting Place, a 1,860-square-foot meeting and event space, from an institutional seller for an undisclosed amount. The financing included two conventional loans totaling $10.2 million and a $6.2 million SBA-backed loan, according to Hunter Hotel Advisors, which facilitated the transaction.

NYC casino plans rejected. Plans to build New York City’s first full-service casino in Manhattan may have been put on hold for good as a local panel on Monday rejected the last of three Manhattan proposals that had been among those vying for a new state license to operate a Las Vegas-style casino in the lucrative New York City market. The proposal, a six-acre project near the United Nations headquarters dubbed “Freedom Plaza” and operated by Mohegan, the gaming company run by Connecticut’s Mohegan Tribe, was denied by a state-commissioned community advisory committee on a 4-2 vote. Five proposals remain in the race for up to three gaming licenses. Among them is a proposed Bally’s casino on a Bronx public golf course once run by President Donald Trump’s company, a gambling hall envisioned for Coney Island’s boardwalk in Brooklyn, and a Hard Rock casino proposed next to Citi Field in Queens, where the New York Mets play.

ESA sells 3 in the Philadelphia area. Extended Stay America has sold three Philadelphia-area hotels for more than $18.7 million combined, according to a story in the Philadelphia Business Journal. Newark, Delaware-based Niti Group purchased the 101-key Extended Stay America Suites Philadelphia Exton for more than…

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Freedom Plaza Commits to 100 Percent Affordable Housing

Soloviev Group and Mohegan amend application to deliver an unprecedented response to the housing crisis facing New York City residents.

NEW YORK, Sept. 20, 2025 /PRNewswire/ — Freedom Plaza, the bold $11.2 billion civic and cultural vision for Manhattan’s East Side led by Soloviev Group and Mohegan, today announced a landmark commitment to make 1,080 residential units on site permanently affordable. Reinforced by a legally binding restrictive declaration, this positions Freedom Plaza to deliver the largest number of newly constructed affordable homes in Manhattan’s Central Core in more than a decade.

“We are prepared to answer the call from elected officials that New York City is in desperate need of affordable housing. The heartfelt testimony of neighbors – particularly young people – and the thoughtful input of community and civic leaders reinforces this decision,” said Michael Hershman, CEO of Soloviev Group. “Soloviev and Mohegan believe a gaming license is a privilege and an opportunity to leverage its full economic power to deliver social, civic, and community benefits that would not otherwise be possible.”

According to Ray Pineault, CEO of Mohegan, “Housing is the foundation of stability, and this commitment represents our unwavering investment in New York’s future. Honoring our values and culture, we are proud to join Soloviev Group in delivering a fully affordable, inclusive community that will enrich Manhattan’s East Side for generations to come.”

“By making every single home affordable, Soloviev and Mohegan are addressing New York City’s housing crisis with meaningful action,” said Jamie A. Smarr, President of the NYC Housing Partnership. “I have spent my career advocating for affordable housing, and I did not think I would ever see this type of commitment from private development. This will ensure that working families, seniors, and future generations will have access to quality…

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Eric Clapton Concludes 2025 Tour at Mohegan Sun Arena

Eric Clapton Concludes 2025 Tour at Mohegan Sun Arena

20 Sep 25

Eric Clapton brought his 7-date U.S. Tour to a close on Saturday, 13 September, with a sold-out performance at Mohegan Sun Arena in Uncasville, Connecticut. The concert marked not only the final stop of his U.S. run, but also his last appearance of 2025.

He launched the year’s concerts in April with a sold-out eight-night residency at Tokyo’s Nippon Budokan, followed in May by a string of shows in England, including three nights at London’s historic Royal Albert Hall. Summer dates in Italy and France followed before the U.S. leg began on 5 September with a benefit performance for Crossroads Centre Antigua at Mershon Auditorium in Columbus, Ohio.

On 13 September, Eric returned to Mohegan Sun  for the fourth time since 2006, performing before an enthusiastic crowd of 10,000. Fans traveled from across New England, New York, and New Jersey to be part of the final night, underscoring both the regional draw of the venue and his enduring appeal.

The evening’s set list featured a mix of blues standards and songs from Eric’s own iconic catalogue:
01. White Room
02. Key To The Highway
03. Hoochie Coochie Man
04. Sunshine Of Your Love
05.Nobody Knows You When You’re Down And Out
06.Kind Hearted Woman
07. The Call
08. Layla
09.Can’t Find My Way Home (Nathan East – vocals)
10. Tears In Heaven
11. Tearing Us Apart
12. Old Love
13. Crossroads
14. Little Queen Of Spades
15. Cocaine

Highlights included “The Call,” during the acoustic set, “Sunshine Of Your Love,” “Crossroads” and a show-stopping rendition of “Old Love” from his 1989 album, Journeyman.

Special guests The Wallflowers provided support for the evening, having joined the tour for all dates except the opener…

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Amid a rebuilding season, the Connecticut Sun found time for joy

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