{"id":1004359721,"date":"2019-10-14T01:14:58","date_gmt":"2019-10-14T09:14:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004359721"},"modified":"2019-10-14T01:17:36","modified_gmt":"2019-10-14T09:17:36","slug":"homewood-suites-jacksonville-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/homewood-suites-jacksonville-changes-hands\/","title":{"rendered":"Homewood Suites Jacksonville Changes Hands"},"content":{"rendered":"
\"Homewood<\/a>

Homewood Suites by Hilton Jacksonville Deerwood Park. Image via Google Street View<\/em><\/p><\/div>\n

A joint venture between Three Wall Capital and Guggenheim Investments has acquired Homewood Suites by Hilton Jacksonville Deerwood Park, a 117-key extended-stay hotel in Jacksonville, Fla. The Generation Cos. sold the asset for $14.9 million, per Duval County records.<\/p>\n

The transaction was part of a larger, 1,973-key portfolio deal which included extended-stay hotels in North Carolina, Virginia, Florida, Texas, Tennessee and Georgia. Public records show the buyer financed the 18-property acquisition with a $167.1 million loan from Guggenheim.<\/p>\n

Located on 3 acres at 8511 Touchton Road, the hotel is approximately 8 miles southeast of downtown Jacksonville. The property is within 5 miles of interstates 95 and 295 as well as the Avenues Mall and St. Johns Town Center.<\/p>\n

The Homewood Suites Jacksonville Deerwood Park opened in 2016<\/a>, previously operating under the Staybridge Suites flag. The four-story hotel offers studio, one- and two-bedroom guestrooms with fully equipped kitchens. Amenities include complimentary Wi-Fi, a business center, a fitness center, an outdoor pool and two grill-equipped patio areas.<\/p>\n

Another Homewood Suites hotel is underway in nearby St. Augustine, Fla., after developer 3H Group received $19.5 million in construction financing<\/a> in March. The development site is 34 miles south of Homewood Suites Jacksonville Deerwood Park.<\/p>\n","protected":false},"excerpt":{"rendered":"

A joint venture acquired the 117-key extended-stay hotel for nearly $15 million as part of a larger, 18-property portfolio deal.<\/p>\n","protected":false},"author":870,"featured_media":1004359730,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21751,21783,1591,21742],"tags":[45887,32805,47393],"class_list":["post-1004359721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-hotel","category-investment","category-jacksonville","category-latest","tag-guggenheim-investments","tag-hilton","tag-three-wall-capital"],"acf":[],"yoast_head":"\nHomewood Suites Jacksonville Changes Hands - 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\/homewood-suites-jacksonville-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Homewood Suites Jacksonville Changes Hands\" \/>\n<meta property=\"og:description\" content=\"A joint venture acquired the 117-key extended-stay hotel for nearly $15 million as part of a larger, 18-property portfolio deal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/homewood-suites-jacksonville-changes-hands\/\" \/>\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=\"2019-10-14T09:14:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-10-14T09:17:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/Homewood-Suites-by-Hilton-Jacksonville-Deerwood-Park-e1570796422852.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1091\" \/>\n\t<meta property=\"og:image:height\" content=\"817\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/homewood-suites-jacksonville-changes-hands\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/homewood-suites-jacksonville-changes-hands\\\/\"},\"author\":{\"name\":\"Adriana Marinescu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d8680cf55f814fe2742cf94207212af1\"},\"headline\":\"Homewood Suites Jacksonville Changes Hands\",\"datePublished\":\"2019-10-14T09:14:58+00:00\",\"dateModified\":\"2019-10-14T09:17:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/homewood-suites-jacksonville-changes-hands\\\/\"},\"wordCount\":217,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/homewood-suites-jacksonville-changes-hands\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/10\\\/Homewood-Suites-by-Hilton-Jacksonville-Deerwood-Park-e1570796422852.jpg\",\"keywords\":[\"Guggenheim Investments\",\"Hilton\",\"Three Wall Capital\"],\"articleSection\":[\"Deals\",\"Finance\",\"Hotel\",\"Investment\",\"Jacksonville\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/homewood-suites-jacksonville-changes-hands\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/homewood-suites-jacksonville-changes-hands\\\/\",\"name\":\"Homewood Suites Jacksonville Changes Hands - 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