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Hawkins Way Capital acquires former IHG hotel

PRIVATEJul 02, 2025

Acquiring Company

Hawkins Way Capital

Acquired Company

Holiday Inn and Thelma Keller Convention Center

CaliforniaUnited StatesReal EstateReal Estate InvestmentHospitalityLeisureHotelTravel

Description

Hawkins Way Capital has acquired the former 492-key Holiday Inn in Manhattan's Financial District. This acquisition aims to strategically reposition the property following its pause in traditional hotel operations during the pandemic. Future renovations will convert the hotel into a multifamily living space with communal amenities. The asset is part of Hawkins Way's focus on investing in out-of-favor urban assets.

Quick answer

Hawkins Way Capital is acquiring Holiday Inn and Thelma Keller Convention Center, announced July 2, 2025. Hawkins Way Capital is based in California, United States.

How much did Hawkins Way Capital pay for Holiday Inn and Thelma Keller Convention Center?
The deal value was not disclosed.
What does Hawkins Way Capital do?
Hawkins Way Capital is a fully vertically integrated real estate company with $3 billion of assets under management.
Where are Hawkins Way Capital and Holiday Inn and Thelma Keller Convention Center based?
Hawkins Way Capital is based in California, United States. Holiday Inn and Thelma Keller Convention Center is based in United States.
Who are the decision-makers at Hawkins Way Capital?
Fundz holds 1 contact at Hawkins Way Capital. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Hawkins Way Capital

Location

California, United States

About

Hawkins Way Capital is a fully vertically integrated real estate company with $3 billion of assets under management. The company focuses on value-add and opportunistic investments across various asset classes and geographies, seeking niche theses targeting attractive risk-adjusted returns. They leverage their investing experience and extensive network to execute strategies that offer long-term value.

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Frequently asked

Who acquired Holiday Inn and Thelma Keller Convention Center?

Holiday Inn and Thelma Keller Convention Center was acquired by Hawkins Way Capital, based in California. The deal was reported on July 2, 2025. Hawkins Way Capital is a fully vertically integrated real estate company with $3 billion of assets under management. Hawkins Way Capital is privately held and operates in Real Estate.

When did Hawkins Way Capital acquire Holiday Inn and Thelma Keller Convention Center?

Hawkins Way Capital's acquisition of Holiday Inn and Thelma Keller Convention Center was reported on July 2, 2025. Hawkins Way Capital has acquired the former 492-key Holiday Inn in Manhattan's Financial District. This acquisition aims to strategically reposition the property following its pause in traditional hotel operations during the pandemic. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Holiday Inn and Thelma Keller Convention Center do?

The Holiday Inn in Effingham offers comfortable accommodations and services for travelers. The Thelma Keller Convention Center provides event hosting facilities for various occasions. It is privately held, operating in Hospitality, and is based in United States.

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