Hampton Inn & Suites
Charlotte Commercial Real Estate Wrap-Up – September 2020
Work starts on major industrial projects. Foundry Commercial to manage Plaza Midwood redevelopment. Read our September selection of Charlotte must-knows.
MCR Acquires IN Hotels
Both 110-key Hampton Inn and 78-key Residence Inn by Marriott are located in Northwest Indianapolis and are within 10 miles of Indianapolis Motor Speedway.
Home2 Suites by Hilton Opens in MN
Part of a $28 million development, the 107-key project is the second new hotel to come online in Brooklyn Park since 1998.
RHG, Aspect Acquire 4-Property Hotel Portfolio
This deal represents an expansion of ownership and management into three new markets. The assets total more than 450 keys and are under the Hilton, Hampton, Hyatt and Aloft brands.
Apple Hospitality Expands AZ Portfolio With $44M Phoenix Buy
Developed by Mortenson Construction and designed by PK Architects, the 210-key Hampton Inn & Suites by Hilton Phoenix Downtown marks the REIT’s 12th hotel property in the state.
Hersha Sells Manhattan Hotel for $32M
The firm traded the 81-key Hampton Inn Financial District as part of its capital recycling program. Solid Rock Advisors advised Hersha on the sale.
Hilton Dual-Branded MA Hotel Breaks Ground
The hotel, which is part of the $55 million Woburn Landing development near Boston, will include a 103-key Homewood Suites, while Hampton Inn will comprise 132 rooms.
Key International Snags Northwest FL Hotel
Hampton Inn & Suites Destin sits directly across from the Gulf of Mexico and underwent a $12 million renovation program in 2014.
Marcus & Millichap Arranges Loan for FL Hotel Buy
The $15.9 million loan was used to purchase two properties located in Apopka, Fla., less than 15 miles from Orlando.
MCR Adds Chicago-Area Hilton to Portfolio
The acquisition of the 120-key property closed at $12.8 million. The hotel opened in 2012 and is located in Mount Prospect, Ill.