Marcus & Millichap brokers sale of 92-room hotel in Warsaw
Marcus & Millichap negotiated the sale of a 92-room Fairfield Inn & Suites in Warsaw, Indiana. Michael Klar and Ebrahim Valliani from the firm’s Chicago…
Hospitality
St. Louis’ Midas Hospitality names first chief brand officer
St. Louis-based Midas Hospitality is fueling its next stage of growth with the appointment of Linda Eigelberger as the firm’s first chief brand officer. Eigelberger will build on…
Marcus & Millichap closes sale of 73-room hotel in Humble
Marcus & Millichap brokered the sale of a 73-room Hampton Inn & Suites property in Humble, Texas. Rajan Patel, investment specialist in Marcus & Millichap’s…
CBRE adds first vice president for hotels in Columbus office
Laurel Keller has joined CBRE as a First Vice President in its Columbus, Ohio, office for CBRE Hotels. In this role, Keller works alongside Eric Belfrage and Michael…
Marcus & Millichap negotiates sale of 98-room hotel in Anderson
Marcus & Millichap brokered the sale of a 98-room Comfort Inn hotel property in Anderson, Indiana. Ebrahim Valliani and Michael Klar, investment specialists in Marcus & Millichap’s…
Marcus & Millichap closes sale of 45-room hotel in Detroit Lakes
Marcus & Millichap negotiated the sale of a 45-room Country Inn & Suites property in Detroit Lakes, Minnesota. Joseph Ferguson, Jon Ruzicka, Reed Gizinski and Brock…
Inland National Development Company closes sale of pair of Hilton hotels in Holland
An affiliate of Inland National Development Company, LLC brokered the sale of Tru by Hilton Holland and Home2 Suites by Hilton Holland in Holland, Michigan,…
Portman to develop Marriott hotel in downtown Cincinnati
National developer Portman, in partnership with the City of Cincinnati, Hamilton County, the State of Ohio, Cincinnati Center City Development Corp., The Port of Greater…
HREC brokers sale of 70-room hotel in Mounds View
HREC Investment Advisors arranged the sale of the 70-room AmericInn Mounds View Minneapolis, in Mounds View, Minnesota. The property was acquired by SevenFour Hospitality, a…
High gas prices still putting a hurt on hotel industry
The U.S. hospitality sector continues to face a challenging travel environment this summer, but a shortage of new hotel construction and improving investment activity point…