{"id":1004818590,"date":"2026-11-13T04:29:10","date_gmt":"2026-11-13T12:29:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004818590"},"modified":"2026-11-13T04:30:14","modified_gmt":"2026-11-13T12:30:14","slug":"jacksonville-hotel-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jacksonville-hotel-changes-hands\/","title":{"rendered":"Jacksonville Hotel Changes Hands"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/exterior_5-e1794495821930.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"837\" height=\"629\" data-attachment-id=\"1004818596\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jacksonville-hotel-changes-hands\/exterior_5\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/exterior_5-e1794495821930.jpg\" data-orig-size=\"837,629\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Holiday _Inn_Express_&#038;_Suites_Jacksonville_Town_Center\" data-image-description=\"&lt;p&gt;Image available online from press release https:\/\/www.prnewswire.com\/news-releases\/dsh-hotel-advisors-announces-18-5-million-sale-of-award-winning-99-room-holiday-inn-express&#8211;suites-jacksonville&#8211;town-center-302935981.html&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Image courtesy of DSH Hotel Advisors&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/exterior_5-e1794495821930.jpg?w=837\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/exterior_5-e1794495821930.jpg\" alt=\"Exerior shot of Holiday Inn Express &amp; Suites Jacksonville Town Center.\" class=\"wp-image-1004818596\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/exterior_5-e1794495821930.jpg 837w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/exterior_5-e1794495821930.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/exterior_5-e1794495821930.jpg?resize=768,577 768w\" sizes=\"auto, (max-width: 837px) 100vw, 837px\" \/><\/a><figcaption class=\"wp-element-caption\">The 99-key hotel rises five stories near St. Johns Town Center. <em>Image courtesy of DSH Hotel Advisors<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Holiday Inn Express &amp; Suites Jacksonville Town Center, a 99-key hotel in Jacksonville, Fla., has changed hands in a transaction arranged by DSH Hotel Advisors.<\/p>\n\n\n\n<p>MACO Management Co. Inc. bought the asset for $18.5 million from a private individual and Southern Bank issued a $14.6 million acquisition loan, according to Duval County public records. Genuine Hospitality will serve as hotel manager going forward. <\/p>\n\n\n\n<p>Holiday Inn Express &amp; Suites Jacksonville Town Center is at 10573 Brightman Blvd. in the Southside section of the city, near St. Johns Town Center, the 1.4 million-square-foot outdoor shopping mall and commercial hub.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/unlocking-hidden-value-in-obsolete-hotels\/\">Unlocking Hidden Value in Obsolete Hotels<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Completed in 2019, the five-story building is next to the city\u2019s Whirlpool Interchange of Interstate 295 and J. Turner Butler Boulevard, a booming commercial and economic area with multiple corporate headquarters, medical facilities and retail options. Downtown Jacksonville is 14 miles away, while the city\u2019s international airport is some 22 miles northwest.<\/p>\n\n\n\n<p>The hotel features an outdoor swimming pool, a fitness center, a business center and meeting facilities. The property also includes an outdoor parking area with EV charging stations.<\/p>\n\n\n\n<p>DSH Hotel Advisors Managing Principal Dennis Hopper, Senior Vice President of Investments Randy Taylor and Vice President of Investments Sam Subodh Patel brokered the sale.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-recent-hotel-sales-across-key-florida-markets\">Recent hotel sales across key Florida markets<\/h2>\n\n\n\n<p>Although MACO&#8217;s main operations involve the development, construction and management of affordable housing, the Missouri-based company is no stranger to the hospitality sector. In June, the firm paid $11.3 million for the 119-key Hilton Garden Inn Jacksonville Deerwood Park, another Jacksonville property. And  a several months earlier, MACO purchased Hilton Garden Inn Birmingham, a 130-key hotel in Birmingham, Ala., for $15.5 million.<\/p>\n\n\n\n<p>Meanwhile in Florida, the hospitality industry continued to record notable transactions. One of them was <a href=\"https:\/\/www.commercialsearch.com\/news\/miami-landmark-hotel-changes-hands-for-300m\/\">the $300 million sale of InterContinental Miami<\/a>, which was acquired by Gencom and White Bridge Capital&nbsp;earlier this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Southern Bank provided an acquisition loan.<\/p>\n","protected":false},"author":2991,"featured_media":1004818596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21751,21783,1591,21742,32781],"tags":[53051,53050,53052],"class_list":["post-1004818590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotel","category-investment","category-jacksonville","category-latest","category-southeast","tag-dsh-hotel-advisors","tag-maco-management-co-inc","tag-southern-bank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Jacksonville Hotel Changes Hands - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"MACO Management Co. 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