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hospitality

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…
September 4, 2024

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…
August 27, 2024

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…
Dan Rafter August 14, 2024

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…
July 31, 2024

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…
July 12, 2024

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…
July 8, 2024

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…
July 3, 2024

Midas Hospitality marks opening of TownePlace Suites in Missouri

Last year, Wentzville, Missouri, was named the fastest growing city in Missouri  and it is living up to that honor with the debut of the TownePlace Suites by…
July 2, 2024

St. Louis’ Midas Hospitality adds 30-year veteran to lead western division

A fixture for 30 years in the west coast hospitality industry has joined St. Louis-based Midas Hospitality to lead its new western division.  Kimberly O’Fallon…
July 2, 2024

Construction crews break ground on golf resort in Frisco

The Bays at Frisco, an 18-acre golf resort between PGA Parkway and U.S. Highway 380 in Frisco, Texas, broke ground recently.  Partnering with California-based TaylorMade, The Bays…
June 27, 2024
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