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...
Post date: 08/22/2018
Aug 22
HOTEL BUSINESS | AUG 22, 2018 NATIONAL REPORT—Hotel Business is tracking transactions in the industry. Here’s a look at recent activity from MCR, Everwood Hospitality Partners, and more. MCR Acquires New Haven Hampton Inn & Suites MCR has acquired the 98-room Hampton Inn & Suites by Hilton...
Post date: 08/15/2018
Aug 15
by Scott Baltic | Aug 15, 2017 Respondents to a recent survey remain largely bullish on the economy and industry fundamentals, yet they are also watching for clear policy signals from Washington, D.C. Industrial values are considered most likely to rise. It’s a battle out there, according to a new...
Post date: 07/18/2018
Jul 18
Featured in CREJ’s July 18-31, 2018, issue The buyer paid $6.8 million, or $77,272 per key, for the 88-room hotel at 2115 Aerotech Drive at the Colorado Springs Airport. A local limited liability company purchased its second midscale hotel in the Colorado Springs market with its purchase of the...

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