OTO Development
Home2 Suites by Hilton Opens in SC
The new Home2 Suites offers its guests fast access to the multiple beaches of Mt. Pleasant, S.C. It represents the 194th hotel in the company’s race to the 200-property milestone.
New Homewood Suites Expands San Jose Portfolio
Located in the heart of Silicon Valley, the 145-key hotel extends Hilton’s NorCal Homewood portfolio. The extended stay facility features a unit mix of studio, one- and two-bedroom apartments.
Summit Hotels Lands $53M Courtyard by Marriott in Charlotte
The acquisition marks the company’s first purchase in the Charlotte, N.C., market. Summit Hotels also entered into an agreement with OTO Development to manage the 118-key hotel.
NoCal Medical Park Trades in 1031 Exchange
Sinogap LLC has exchanged a Silicon Valley redevelopment site for a 21,008-square-foot multi-tenant medical dental office park in Milpitas, Calif., and an apartment community in San Jose, Calif.