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HREC Arranges Sale of Comfort Suites Lakewood, Colorado

HREC Arranges Sale of Comfort Suites Lakewood, Colorado

Denver, Colorado–Lodging real estate advisory firm HREC Investment Advisors announced that it has arranged the sale of the 71-room Comfort Suites located in the thriving Southwest Denver Metropolitan suburb of Lakewood, Colorado. Spirit Hospitality, a hotel development and management firm ...

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Junction City Hotel To Be Rebranded Following Sale

Junction City Hotel To Be Rebranded Following Sale

Junction City, KS – The Holiday Inn Express located on Interstate 70 in Junction City, Kansas was recently sold by HotelBrokerOne. The 60-unit property was sold with an expiring Holiday Inn Express franchise for an undisclosed price to Shree Bholenath ...

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Holiday Inn Airport West-Earth City Sold

Holiday Inn Airport West-Earth City Sold

HREC Investment Advisors has announced that it arranged the sale of the 155-guestroom, full-service, Holiday Inn Airport West- Earth City located in St. Louis, Missouri. Ted Anka, Vice President in HREC’s Miami office and Tom Sommer, Vice President in the Chicago ...

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Host Hotels & Resorts Sells the Atlanta Marriott Marquis

Host Hotels & Resorts Sells the Atlanta Marriott Marquis

BETHESDA, Md.—Host Hotels & Resorts Inc. announced that on January 11 Host Hotels & Resorts L.P. sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293 million. The hotel is subject to a long-term management agreement with Marriott International ...

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Sale of New York’s Plaza Hotel is Complete

NEW YORK—Sahara India Pariwar, an India-based conglomerate, completed the purchase of a 75 percent interest in the Plaza Hotel New York from real estate company El Ad US Holdings’ position in the hotel with a total valuation of $575 million. ...

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Red Lion Hotels Selling Property in Pendleton, Oregon

SPOKANE, Wash.—Red Lion Hotels Corporation announced the company has listed for sale the Red Lion Hotel Pendleton in Oregon. “We have successfully sold three properties that, in turn, have resulted in three franchise agreements with the new owners,” said Jon ...

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