hotel

Marcus & Millichap closes sale of 94-room Holiday Inn Express in Sterling Heights

Marcus & Millichap brokered the sale of a 94-room Holiday Inn Express & Suites in Sterling Heights, Michigan. Michael Klar and Ebrahim Valliani, investment specialists in Marcus…

Hotel planned for Omaha’s Millwork Commons neighborhood

A new hotel is planned for Omaha’s Millwork Commons, further anchoring the district’s continued growth as one of the city’s most dynamic and community-driven neighborhoods.…

Marcus & Millichap brokers sale of 107-room Best Western hotel in Pecos

Marcus & Millichap closed the sale of a 107-room Best Western hotel property in Pecos, Texas. Allan Miller, investment specialist in Marcus & Millichap’s Austin…

Marcus & Millichap negotiates 62-room hotel sale in Lansing

Marcus & Millichap negotiated the sale of a 62-room Fairfield Inn & Suites hotel property in Lansing, Michigan. Michael Klar and Ebrahim Valliani, investment specialists in Marcus & Millichap’s Chicago…

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,…

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…

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…

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…

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…

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…

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