REBusinessOnline - November 16th, 2022 ALVIN, TX , November 10, 2022 – Marcus & Millichap (NYSE: MMI) , a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of La Quinta Inn & Suites Alvin, a 55...
SAN ANTONIO — Marcus & Millichap has brokered the sale of the 111-room Holiday Inn San Antonio North Stone Oak, located at 19280 Redland Road on the city’s north side. The four-story building was constructed in 2010. Allan Miller and Chris Gomes of Marcus & Millichap represented the...
December 21, 2020 | Connect Texas Marcus & Millichap closed the sale of Sleep Inn & Suites Jourdanton-Pleasanton, a 65-room hospitality property in Jourdanton. Deal terms weren’t disclosed. Houston-based first VP investments Andrew B. Frosch and associate Joseph Manuel, Dallas-based senior...
October 1, 2020 | Connect Texas Marcus & Millichap finalized the sale of Microtel Inn & Suites Gonzales, a 53-key hospitality property in Gonzales. A team of Houston-based Andrew B. Frosch and Joseph Manuel, Dallas-based Chris Gomes and Austin-based Allan Miller marketed the property on...
by Chuck Dobrosielski | Nov 27, 2019 9:32am | Hotel Management KJ Properties sold five Candlewood Suites hotels in Texas and Oklahoma for $36.2 million. Alan Miller, SVP, investments in Marcus & Millichap’s Austin, Texas, office, and Chris Gomes, senior managing director, investments in the...
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Houston Begins to Stabilize as New Supply Weighs on Statewide Occupancy Substantial job growth drives hotel needs in Texas’ largest cities. Dallas/Fort Worth and Houston lead the country in job creation for 2019 as each welcomes more than 100,000 new roles, support-ing both business and leisure...
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Supply Boom Weighs on Occupancy in Dallas; Smaller Metros Attract Buyers Occupancy declines in major Texas markets amid growing hotel supply and readjustments from the hurricane. Hurricane Harvey lifted occupancy considerably in 2018. The rate will fall slightly this year as room nights adjusted...
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Houston’s Recovery Bodes Well For Hotel Property Performance A variety of forces are propelling hotel occupancies in Texas. The state continues to generate strong occupancy and RevPAR gains, primarily led by the Houston market. Though Hurricane Harvey boosted occupancy and revenue metrics as dis-...
Posted by: Lodging Staff in Acquisitions, Development, Finance + Development April 4, 2018 GRAPEVINE, Texas–Marcus & Millichap, a commercial real estate investment services firm, has announced the sale of a two-property, 190-room hotel portfolio in Grapevine, Texas, in the Dallas/Fort Worth...
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Hurricane Boosts Hotel Performance; Supply Additions Bring Challenges Robust pace of completions softens major metros’ occupancy. Texas hotels ended 2017 on a high note as residents displaced by Hur-ricane Harvey sought temporary housing, filling rooms across the state and boosting occupancy and...

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