{"id":1004132216,"date":"2015-11-24T09:21:52","date_gmt":"2015-11-24T17:21:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004132216"},"modified":"2020-05-12T23:34:45","modified_gmt":"2020-05-13T07:34:45","slug":"historic-dallas-hotel-changes-ownership","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/","title":{"rendered":"Historic Dallas Hotel Changes Ownership"},"content":{"rendered":"

By Adelina Osan, Associate Editor <\/em><\/p>\n

Carey Watermark Investors Inc<\/a>. recently acquired a 176-key historic hotel located in the Uptown Dallas district. The purchased asset Le Meridien Dallas, The Stoneleigh is an iconic AAA Four Diamond Art Deco hotel that is listed on the National Register of Historic Places and was originally built in 1923.<\/p>\n

\"Le<\/a>

Le Meridien Dallas, The Stoneleigh<\/p><\/div>\n

Located at 2927 Maple Ave., Le Meridien Dallas, The Stoneleigh is situated in close proximity to various city attractions such as dining venues, as well as entertainment and nightlife options. The hotel offers amenities such as 8,900 square feet of meeting and event space, a lobby bar, an outdoor pool, a fitness center and a business center.<\/p>\n

Le Meridien Dallas, The Stoneleigh underwent renovations worth $36 million in 2008, which fully repurposed and repositioned the property as an upper-upscale lodging facility. An additional $4.5 million was spent to further upgrade the property and another $4 million overhaul is planned for the following year.<\/p>\n

\"Le<\/a>

Le Meridien Dallas, The Stoneleigh<\/p><\/div>\n

“The acquisition of Le Meridien Dallas, The Stoneleigh represented the opportunity to secure a fully-renovated, iconic asset in one of the most attractive locations in the Dallas Metroplex, a region where economic growth is amongst the strongest in the nation. As a top-ranking property in Dallas, we expect the hotel to continue to benefit from the strength of the local economy, as well as the diverse corporate and leisure attractions in the area. Although Dallas-Fort Worth is already the fourth largest metro area in the country, it continues to diversify and grow at a considerable pace and we are very excited about its continued and long-term growth potential,” Michael Medzigian, CEO of CWI 1 said in prepared remarks.<\/p>\n

The hotel will continue to be managed by Merritt Hospitality, an affiliate of HEI Hotels & Resorts<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Historic hotel Le Meridien Dallas, The Stoneleigh was sold to CWI 1. <\/p>\n","protected":false},"author":735,"featured_media":1004132220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21751,21742],"tags":[],"class_list":["post-1004132216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-hotel","category-latest"],"acf":[],"yoast_head":"\nHistoric Dallas Hotel Changes Ownership - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Historic Dallas Hotel Changes Ownership\" \/>\n<meta property=\"og:description\" content=\"Historic hotel Le Meridien Dallas, The Stoneleigh was sold to CWI 1.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-24T17:21:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T07:34:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Le-Meridien-Dallas-The-Stoneleigh-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"770\" \/>\n\t<meta property=\"og:image:height\" content=\"520\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adelina Osan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/\",\"name\":\"Historic Dallas Hotel Changes Ownership - 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She joined the team in 2015 as associate editor and covered commercial, residential and student housing news assignments. Adelina has an academic background in public relations and worked in advertising and social media prior to her editorial role. \ud83d\udce7 She's available at adelina.osan@cpe-mhn.com for discussions regarding real estate news, industry trends, research center and other related topics.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adelina-osan\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Historic Dallas Hotel Changes Ownership - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/","og_locale":"en_US","og_type":"article","og_title":"Historic Dallas Hotel Changes Ownership","og_description":"Historic hotel Le Meridien Dallas, The Stoneleigh was sold to CWI 1.","og_url":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-11-24T17:21:52+00:00","article_modified_time":"2020-05-13T07:34:45+00:00","og_image":[{"width":770,"height":520,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Le-Meridien-Dallas-The-Stoneleigh-3.jpg","type":"image\/jpeg"}],"author":"Adelina Osan","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/","url":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/","name":"Historic Dallas Hotel Changes Ownership - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Le-Meridien-Dallas-The-Stoneleigh-3.jpg","datePublished":"2015-11-24T17:21:52+00:00","dateModified":"2020-05-13T07:34:45+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Le-Meridien-Dallas-The-Stoneleigh-3.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Le-Meridien-Dallas-The-Stoneleigh-3.jpg","width":770,"height":520,"caption":"Le Meridien Dallas, The Stoneleigh"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/historic-dallas-hotel-changes-ownership\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Historic Dallas Hotel Changes Ownership"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615","name":"Adelina Osan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81","caption":"Adelina Osan"},"description":"Adelina Osan is a publishing manager with Commercial Property Executive and Multi-Housing News. 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