Tag: deal report
MCR Agrees to Purchase BT Tower to Transform Into Hotel
NEW YORK—MCR agreed to purchase the BT Tower—one of London’s tallest buildings—from BT Group. MCR will own the 620-foot Tower and podium. MCR intends...
Marcus Hotels & Resorts Agrees to Jointly Acquire Loews Minneapolis Hotel
MILWAUKEE—Marcus Hotels & Resorts announced that it has reached an agreement to jointly acquire the Loews Minneapolis Hotel with Hempel Real Estate and Robinson...
MCR Completes Sale of Residence Inn by Marriott Philadelphia Langhorne
NEW YORK—MCR announced it has completed the sale of the 100-room Residence Inn by Marriott Philadelphia Langhorne located in Langhorne, Pennsylvania for $22.1 million,...
JLL Capital Markets Arranges Financing for Courtyard in Utah
SAN DIEGO, California—JLL Capital Markets announced that it arranged $25.4 million in financing for 149-key Courtyard by Marriott in Cotton Heights, Utah.
JLL worked on...
Alpental Capital Acquires DoubleTree by Hilton Leominster
Alpental Capital acquired the full-service DoubleTree by Hilton Leominster, Massachusetts in late December 2023. Located off I-190, the DoubleTree Leominster provides both business and...