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Seattle's Roosevelt Hotel & Kirkland's Heathman Hotel Sold

DOWNTOWNProvenance Hotels and NBP Capital have purchased the Roosevelt Hotel, adding it to a portfolio that already includes Hotel Max, Hotel 1000 and Tacoma's Hotel Murano. They plan to bring in a marquee restaurant tenant and return the 151-room hotel at 7th Avenue and Pine Street to it's original prominence. [Provenance]

KIRKLANDHeathman Hotel in Kirkland has also been sold. The boutique property is now owned by principals of Beccaria Partners, a Los Angeles hotel investment group. The 91-room hotel is routinely listed on best Northwest hotels lists. The sale price was not disclosed. [PSBJ]