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Marcus & Millichap Closes $101 Million 11-Property Hospitality Portfolio Sale

Oct 21, 2024•over 1 year ago

Contract Type

contract

Description

Marcus & Millichap announced the successful sale of an 11-property Courtyard Hotel portfolio in Illinois, Ohio, Alabama, Arkansas, Virginia, Kentucky, and Oklahoma for $101 million. The sale fulfilled the portfolio closing requirements for the seller, with minimal contingencies and securing non-refundable earnest money.

Company Information

Company

Marcus & Millichap

About

Marcus & Millichap: #1 commercial real estate investment sales brokerage in North America, offering investment sales, financing, research and advisory services.

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