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…
Hospitality
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…
HREC closes sale of 77-room hotel in St. Robert
HREC Investment Advisors arranged the sale of the 77-room MainStay Suites St. Robert – Fort Leonard Wood in St. Robert, Missouri. Shreeji RAS, LLC, based…
Entre Commercial Realty closes 55,488-square-foot industrial lease in Lake Zurich
Entre Commercial Realty is pleased to announce the successful lease of a 55,488-square-foot industrial facility at 1290 Ensell Road in Lake Zurich, Illinois. The property…
Marcus & Millichap negotiates sale of Comfort Suites property in Johnson Creek
Marcus & Millichap brokered the sale of a 100-room Comfort Suites hotel property in Johnson Creek, Wisconsin. Ebrahim Valliani and Kristen Blackshaw, investment specialists in…
Before you buy your first hotel: Key considerations for real estate Investors considering hotel acquisitions
Investors with significant experience buying and selling triple net real estate often evaluate prospective investments by analyzing predictable rent schedules, tenant (and guarantor) financial statements,…
JLL closes sale of 244-room hotel in Houston’s CITYCENTRE district
JLL’s Hotels & Hospitality Group announced today it has completed the sale of the Moran Hotel CITYCENTRE, a premier 244-room lifestyle hotel strategically positioned within…
Marcus & Millichap brokers sale of 63-room hotel property in Des Moines market
Marcus & Millichap negotiated the sale of a 63-room Country Inn & Suites hotel property in the Des Moines MSA. Jon Ruzicka, investment specialist in Marcus &…
Hunter Advisors closes sale of 233-room Homewood Suites in downtown Chicago
Hunter Advisors negotiated the sale of the Homewood Suites Chicago-Downtown, a 233-room, extended-stay hotel in Chicago. The transaction was led by Spencer Davidson, Senior Vice…
Flyover No More: The Case for Midwest Hotel Investment
For real estate investors conditioned to chase hot deals in the Sun Belt, the Midwest can sometimes be an afterthought. However, there are a number…