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…
hotel
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…
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…
Midas Hospitality tackling $81 million revitalization of Edison Brothers Building in St. Louis
Midas Hospitality has begun an $81 million revitalization of the historic Edison Brothers Building in Downtown St. Louis, marking a significant reinvestment in one of the city’s most…
SVN Chicago Commercial closes $17.1 million sale of Hilton Garden Inn in Mattoon
SVN Chicago Commercial closed the $17.1 million sale of the 102-room Hilton Garden Inn Mattoon at 100 Coles Centre Parkway in Mattoon, Illinois. Constructed in…
Marcus & Millichap negotiates sale of Comfort Suites property in Auburn Hills
Marcus & Millichap closed the sale of a 63-room Comfort Suites hotel property in Auburn Hills, Michigan. Michael Klar and Ebrahim Valliani, investment specialists in Marcus…
HREC Investment Advisors closes sale of Missouri Super 8
HREC Investment Advisors arranged the sale of the 58-guestroom Super 8 by Wyndham Cuba at 28 Highway P in Cuba, Missouri. Siddhi Vinayaka Hospitality, LLC…