Hospitality

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…

Red Oak Capital Holdings provides $10 million for acquisition of hotel in Chicago O’Hare market

Red Oak Capital Holdings, LLC provided $10 million for the acquisition and refurbishment of Four Points by Sheraton – O’Hare in Chicago. Structured under Red…

Bradford Allen acquires 193-key hotel in Nashville’s Midtown neighborhood

Bradford Allen acquired TownePlace Suites Nashville Midtown, a 193-key hotel in Nashville’s Midtown neighborhood. Located at 1500 Charlotte Ave., close to Vanderbilt University, Fisk University, Bridgestone Arena…

Marcus & Millichap close sale of 113-room Holiday Inn Express in St. Cloud

Marcus & Millichap brokered the sale of a 113-room Holiday Inn Express property in St. Cloud, Minnesota. Jon Ruzicka, Joseph Ferguson and Reed Gizinski, investment…

Draper and Kramer originates $54 million loan for acquisition of Westin Michigan Avenue in Chicago

Draper and Kramer, Incorporated announced that Mark Perkowski, senior vice president with Draper and Kramer’s Commercial Finance Group, arranged a $54 million loan on behalf of Vinayaka Hospitality for…

Marcus & Millichap brokers sale of 70-room hotel in Springdale

Marcus & Millichap closed the sale of a 70-room Welcome Suites Extended Stay hotel property in Springdale, Ohio. Michael Klar and Ebrahim Valliani, investment specialists…

Marcus & Millichap brokers sale of 102-room Hampton Inn hotel in Milwaukee

Marcus & Millichap closed the sale of a 102-room Hampton Inn hotel property in Milwaukee, Wisconsin. Ebrahim Valliani, investment specialist in Marcus & Millichap’s Chicago…

Marcus & Millichap closes sale of 92-room Home2 Suites in Houston

Marcus & Millichap negotiated the sale of a 92-room Home2 Suites by Hilton hotel property in Houston, Texas. Skyler Cooper, investment specialist in Marcus &…

Marcus & Millichap brokers sale of 75-room hotel property in Minot

Marcus & Millichap closed the sale of a 75-room MainStay Suites hotel property in Minot, North Dakota. Jake Erickson, Jared Plamann and Brock Banken, investment…

Marcus & Millichap brokers sale of 85-room hotel in Spring

Marcus & Millichap facilitated the sale of an 85-room Fairfield Inn & Suites hotel property in Spring, Texas. Rajan Patel, investment specialist in Marcus &…

Hospitality

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