{"id":1004155684,"date":"2016-10-17T03:54:36","date_gmt":"2016-10-17T11:54:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004155684"},"modified":"2020-05-13T00:53:46","modified_gmt":"2020-05-13T08:53:46","slug":"hunter-hotel-advisors-arranges-sale-of-second-austin-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hunter-hotel-advisors-arranges-sale-of-second-austin-hotel\/","title":{"rendered":"Hunter Hotel Advisors Arranges Sale of Second Austin Hotel"},"content":{"rendered":"

by Csilla Borsos<\/em><\/p>\n

\"StayBridge<\/a>

StayBridge Suites Austin Northwest<\/p><\/div>\n

Austin, Texas\u2014<\/strong>StayBridge Suites Austin Northwest has recently changed hands for an undisclosed amount. Seller Excel Hotel Group<\/a> used representation from Hunter Hotel Advisors<\/a>\u2019 Los Angeles office. The hotel was acquired by a New York-based opportunity fund.<\/p>\n

Located at 13087 Highway 183, the 2009-built hotel<\/a> is approximately 1.2 miles from the Austin Aquarium and 4 miles from St. Edwards Park. “Austin remains a top-growth market as the city continues to be recognized as a worldwide destination for both leisure and business travelers,” said Danny Givertz, SVP at Hunter Hotel Advisors L.A., in prepared remarks.<\/p>\n

The buyer plans to invest more than $1 million for the renovation of the four-story, 80-key hotel. Amenities include an on-site fitness center, heated outdoor pool, complimentary breakfast buffet and on-site guest self-laundry facilities. Free Wi-Fi and parking are also available.<\/p>\n

StayBridge Suites Austin Northwest is the second hotel that Hunter\u2019s L.A. division has sold for Excel in Austin<\/a> in the last month, including the Fairfield Inn & Suites Austin Northwest, built in 2014. Since January 2015, Hunter has sold or financed more than $1.5 billion in single assets and portfolio transactions.<\/p>\n

Image courtesy of StayBridge Suites<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The buyer plans to spend more than $1 million for the renovation of the four-story hotel.<\/p>\n","protected":false},"author":1020,"featured_media":1004155686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21743,21751,21783,21742],"tags":[],"class_list":["post-1004155684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-deals","category-hotel","category-investment","category-latest"],"acf":[],"yoast_head":"\nHunter Hotel Advisors Arranges Sale of Second Austin Hotel - 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\/hunter-hotel-advisors-arranges-sale-of-second-austin-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hunter Hotel Advisors Arranges Sale of Second Austin Hotel\" \/>\n<meta property=\"og:description\" content=\"The buyer plans to spend more than $1 million for the renovation of the four-story hotel.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hunter-hotel-advisors-arranges-sale-of-second-austin-hotel\/\" \/>\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=\"2016-10-17T11:54:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T08:53:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/StayBridge-Suites-Austin-Northwest.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"4000\" \/>\n\t<meta property=\"og:image:height\" content=\"3000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Csilla Borsos\" \/>\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\/hunter-hotel-advisors-arranges-sale-of-second-austin-hotel\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hunter-hotel-advisors-arranges-sale-of-second-austin-hotel\/\",\"name\":\"Hunter Hotel Advisors Arranges Sale of Second Austin Hotel - 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