Real Estate Investments

RE JOURNAL | FEB 26, 2019 Marcus & Millichap closed the sale of Best Western Plus Fort Wayne Inn & Suites, a 62-room hotel property in Fort Wayne, Indiana. The asset sold for $5.35 million. Ebrahim Valliani , a senior associate; Michael Klar , an associate; Allan Miller , first vice...

THOMAS GOUNLEY | BUSINESS DEN | SEP 21, 2018 CBRE reports the following deal: San Francisco-based Hamilton Zanze purchased the Environs residential rental community at 3323 W. 96th Circle in Westminster for $82 million from San Rafael, California-based Seagate Associates LLC. The property consists...

RE JOURNALS | SEP 18, 2018 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, Dallas and Austin...

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...

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...

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...

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...

STAFF REPORT | DALLAS BUSINESS JOURNAL | APR 28, 2018 Financial services firm Northern Trust Corp. is growing its presence in Dallas’ Uptown neighborhood. The company this week renewed its lease at the Saint Ann Court tower, where it has been a tenant for five years. Northern Trust also expanded...

HOTEL BUSINESS | MAR 8, 2018 NATIONAL REPORT—The following companies bolstered their leadership rosters—Benchmark Hospitality, Associated Luxury Hotels, Marcus & Millichap, and American Express Travel. Here’s a look at executives on the move: Benchmark Names SVP of Sales & Marketing...

RE JOURNALS | JAN 18, 2019 Marcus & Millichap closed the sale of Extend-A-Suites Columbus, a 133-room hospitality property in Columbus, Ohio. The asset sold for $1.8 million. Andrew Bankhurst, Alexandre Duong, Allan Miller, and Mark Diebold, investment specialists in Marcus & Millichap’s...