Posted by: Robert Mandelbaum and Keval Rama in Featured, Finance, Finance + Development, Market Reports | September 18, 2018 Lodging is a cyclical industry, passing through four distinct phases over time: peak, contraction, trough, and expansion. Most industry experts believe that 2007 was the...
Post date: 09/18/2018
Sep 18
September 18, 2018 | Staff Writer at RE Journals Marcus & Millichap sold a 225-room hospitality property in Wausau, Wisconsin. The asset sold for $1.95 million. Allan Miller , Chris Gomes , Ebrahim Valliani and Michael Klar , investment specialists in Marcus & Millichap’s Chicago Oak Brook...
Post date: 09/17/2018
Sep 17
DAILY HERALD REPORT | SEP 17, 2018 Marcus & Millichap, a commercial real estate investment services firm with offices in Oak Brook, announced the sale of an 80-room hotel located in Delavan, Wisconsin. Steven D. Weinstock, regional manager of the firm's Oak Brook office., said the asset sold...
Post date: 09/13/2018
Sep 13
September 13, 2018 | Staff Writer at RE Journals Marcus & Millichap closed the sale of an 80-room hotel in Delavan, Wisconsin. The asset sold for $6.125 million. Allan Miller , Chris Gomes , Ebrahim Valliani and Michael Klar , investment specialists in Marcus & Millichap’s Austin, Chicago...
Post date: 08/30/2018
Aug 30
TAYLOR WILLIAMS | REI BUSINESS ONLINE | AUG 30, 2018 GREENVILLE AND SULPHUR SPRINGS, TEXAS — Marcus & Millichap has brokered the sale of two Texas hotels totaling 144 rooms. The acquisition includes Best Western Plus Monica Royale Inn & Suites in Greenville, a 79-room hotel located about 60...
Post date: 08/23/2018
Aug 23
JOHN REBCHOOK | CREJ NEWS | AUG 23, 2018 Hotels in the Denver area boasted record revenues in June. Hotels generated $186.23 million in revenues, a 5.04 percent increase from $177.28 million in June 2017, according to the most recent report from STR, a data and analytics specialist. The revenue...
