Hospitality

IllinoisHospitality

Marcus & Millichap closes sale of Super 8 hotel in Mount Vernon

Marcus & Millichap brokered the sale of a 62-room Super 8 by Wyndham hotel and the adjacent detached restaurant building in Mount Vernon, Illinois.  Kristen Blackshaw,…

MichiganHospitality

Ann Arbor’s Alpine Realty Capital named broker of the year by Hotel Brokers International

Alpine Realty Capital, an Ann Arbor, Michigan-based advisor in hospitality real estate investment and a member of Hotel Brokers International, was recently named Broker of the Year at…

TexasHospitality

JLL Capital Markets provides financing for 162-room hotel in Fort Worth

 JLL Capital Markets secured acquisition financing for the Home2 Suites Fort Worth Cultural District, a 162-key extended-stay hotel strategically positioned in one of Fort Worth, Texas',…

TexasHospitality

Marcus & Millichap closes sale of 121-room hotel property in Texarkana

Marcus & Millichap closed the sale of a 121-room Residence Inn hotel property in Texarkana, Texas.  Chris Gomes, investment specialist in Marcus & Millichap’s Dallas office, had the…

IllinoisHospitality

JLL Capital Markets closes refinancing for dual-brand hotel portfolio in Chicago’s River North

JLL Capital Markets secured the refinancing for a dual-brand hotel portfolio, supporting the sponsors’ ongoing ownership and capital planning strategy in Chicago's River North district. The…

IllinoisHospitality

Marcus & Millichap brokers sale of 78-room hotel property in Elgin

Marcus & Millichap negotiated the sale of a 78-room Comfort Suites hotel property in Elgin, Illinois.  Ebrahim Valliani, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had…

WisconsinHospitality

Marcus & Millichap closes sale of 67-room hotel in La Crosse

Marcus & Millichap brokered the sale of The Charmont Hotel, a 67-room hotel property in La Crosse, Wisconsin.  Ebrahim Valliani, Michael Klar and Dan Danielak, investment…

IllinoisHospitality

Marcus & Millichap closes sale of former hotel, athletic complex in Palatine

Marcus & Millichap closed the sale of 1500 E. Dundee Road, a former hotel and athletic complex in Palatine, Illinois.  Ebrahim Valliani, investment specialist in Marcus…

S DakotaHospitality

Marcus & Millichap brokers sale of 60-room hotel in South Dakota

Marcus & Millichap closed the sale of a 60-room Super 8 hotel property in Spearfish, South Dakota, for $2.4 million.  Jon Ruzicka, Joseph Ferguson and Reed…

TennesseeHospitality

Newmark provides $51 million loan to refinance Virgin Hotels Nashville

Newmark arranged a $51 million loan on behalf of the Virgin Group to refinance Virgin Hotels Nashville, a lifestyle hotel located in Nashville, Tennessee. Newmark’s…