hospitality

HREC Investment Advisors closes sale of 151-room Springhill Suites in Council Bluffs

HREC Investment Advisors arranged the sale of the 151-room SpringHill Suites Omaha East/Council Bluffs in Council Bluffs, Iowa. The buyer is a regional owner/operator and…

HREC Investment advisors closes sale of 61-room Fairfield Inn & Suites in Green Bay

HREC Investment Advisors arranged the sale of the 61-guestroom Fairfield Inn & Suites Green Bay Southwest located in Green Bay, Wisconsin, on behalf of Legendary…

Marcus & Millichap closes sale of 76-room hotel in Midland

Marcus & Millichap negotiated the sale of Baymont Inn & Suites Midland Center, a 76-room Wyndham-branded hotel in Midland, Texas. Allan Miller had the exclusive…

Marcus & Millichap sells 68-room Best Western Plus in Wisconsin

Marcus & Millichap negotiated the sale of Best Western Plus, a 68-room hotel property located in Hudson, Wisconsin in the Minneapolis MSA. Jon Ruzicka and…

Marcus & Millichap closes sale of 80-room hotel property in Manitowoc

Marcus & Millichap negotiated the sale of Harbor Town Inn & Suites, an 80-room hotel property located in Manitowoc, Wisconsin. The property sold for $3.4…

Detroit’s resiliency in full effect as local CRE market remains healthy

It wasn’t too long ago that the news coming out of Detroit was always negative. Today, though? There’s plenty of positivity surrounding Detroit, its suburbs…

Marcus & Millichap listing 16-story Radisson Hotel in Duluth

Marcus & Millichap listing the Radisson Hotel, a 16-story, full-service hotel property in Duluth, Minnesota. The offering price is $15.8 million. Jon Ruzicka, Jake Erickson…

JLL provides $430 million refinancing for 37-story hotel in downtown Austin

JLL’s Capital Markets group arranged a $430 million refinancing for Fairmont Austin, a 37-story luxury hotel in downtown Austin. JLL Capital Markets represented Manchester Financial Group…

Midas Construction building Hampton Inn near St. Louis airport

Midas Construction is advancing the new Hampton Inn serving St. Louis Lambert International Airport toward a completion by the end of the year. The 128-room hotel is being developed by Lodging…

Marcus & Millichap closes sale of North Dakota hotel

Marcus & Millichap negotiated the sale of a SureStay Plus Hotel property in Minot, North Dakota. Jon Ruzicka and Joseph Ferguson, investment specialists in Marcus…

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