MCR has acquired the Homewood Suites by Hilton Little Rock Downtown, a six-story, extended-stay hotel with 116 suites in Arkansas’s state capitol. This is the company’s second hotel in the state.
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Chatham Lodging Trust (NYSE: CLDT) today announced that the company has acquired the beachside 111-room Hilton Garden Inn Destin Miramar Beach, Fla., in an off-market transaction for $31 million, or approximately $279,000 per room.
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The 196-room oceanfront resort is situated on an expansive 9.64-acre tract with over 300 feet of frontage along the Gulf of Mexico, offering access to St. Pete's beaches.
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In partnership with Spring Hill Property Group Pty Ltd, part of Image Developments, Hilton will manage the newly built 129-room property, with hotel construction expected to start this year.
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Jack in the Box Inc. (NASDAQ: JACK) announced today that it has completed its previously announced acquisition of Del Taco Restaurants, Inc. (NASDAQ: TACO) for approximately $585 million.
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Representing the Seller of this Coast Motel Walking Distance to the Beach
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Huff, Niehaus & Associates, Inc. is pleased to announce the successful sale of the Holiday Inn Express located in Corydon, Indiana. Brandt Niehaus, President of Huff, Niehaus & Associates, Inc., and member of Hotel Brokers International was the Broker in the transaction.
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One of the hotels, WSS Clarcona, is located 6 miles northwest of downtown Orlando. The other hotel, WSS Clermont, is located 18 miles west of Orlando, near Lake Apopka.
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119-Suite Homewood Suites by Hilton Reading acquired by Baywood
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Situated in the heart of an expansive 30,000 square metre site in a green valley, most of which will be preserved as a park, Kempinski Residences Balmumcu, Istanbul, will be home to 155 residences with Bosphorus views.
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