Hospitality MarketWatch
Week of January 2nd - January 6th

For the latest Marcus & Millichap research reports, please visit the Research Services website. Also available is our new Research Brief blog , which offers timely insight and expertise into the rapidly changing investment real estate industry on a weekly basis.
December 22, 2016 -- CNBC featured Marcus & Millichap's President and CEO Hessam Nadji for insight into why U.S. commercial real estate is attracting foreign capital.

National
New Supply Will Continue to Challenge Hoteliers in 2017
hotelnewsnow - December 27, 2016

AmericInn in Minnesota Changes Hands
rejournals.com - December 23, 2016

M&M Arranges Loan For Two South Florida Hotels
Hotel Interactive - December 28, 2016

Chicago to get more hotel rooms in 2017
Wheaton Sun - December 29, 2016
California
O.C. saw seven hotels open in 2016 
Irvine News - December 28, 2016

Local Hotel Revenue Rose 4.4 Percent through November
San Diego Business Journal - December 29, 2016

New hotel towers revealed for Fig Pico development
Archpaper.com - January 03, 2017
West
Best Western opens hotel in Hudson, CO
BizWest - January 04, 2017
Midwest
Two new hotels open in Greater Cleveland, bringing yearly total to 11
The Cleveland Plain Dealer - Business - December 28, 2016

North KC to consider mixed-use development plan
The Kansas City Star - January 02, 2017

Brookfield Building redevelopment project gets funding
The Kansas City Business Journal - January 04, 2017

98 Room TRU Hotel by Hilton Announced for Wichita, KS
hotelnewsresource.mobi - January 02, 2017

Roselle, IL seeks hotel developer for village-owned land
Daily Herald Business Ledger - December 29, 2016

New 56-Story Michigan Avenue Tower Gets Money
chicagoarchitecture.org - January 03, 2017

Mortenson seeks more time for Minneapolis project
Star Tribune - January 03, 2017

Investors buy Commons Hotel at the U of Minnesota
Star Tribune - Business - January 03, 2017

Ground Breaks on Embassy Suites in Grand Rapids, MI
CoStar News - Detroit - December 22, 2016
Northeast
Lightstone Nabs $53M Loan for Moxy Hotel in NoMad
The Commercial Observer - December 28, 2016

Cuomo OKs hotel occupancy tax for Westchester County
Westfair Communications - January 03, 2017

Billions Still Pouring into DC Real Estate
Washington Business Journal- January 03, 2017
Southeast
REIT sells downtown Atlanta hotel
Atlanta Business Chronicle - January 03, 2017

New hotel planned near Gwinnett's Sugarloaf Mills
Atlanta Business Chronicle - December 30, 2016

$12.9 Million Financing Set for Courtyard Clemson in South Carolina
Citybizlist : Atlanta : Commercial Real Estate - January 03, 2017

Vidalia, MS officials approve proposed riverfront hotel
The Natchez Democrat - December 30, 2016
Texas
Halliburton to Hire 200 Workers in Permian Basin
fuelfix.com- December 30, 2016

Lucas Energy Enters Permian Basin with Acreage Buy
fuelfix.com- January 3, 2017
Canada
Currency, Oil Affect Canadian Hotels
hotelnewsnow - January 03, 2017

Housing, Oil Lift Canadian Economic Hopes Heading into 2017
bloombergnews- January 03, 2017
Featured Listing
Holiday Inn Express & Suites Carson City
Carson City, NV
- Full Formula Blue PIP Recently Completed
- Near Lake Tahoe and Reno, NV
- 9.7% Cap Rate
(Click picture for more information)
Recent Closings
Hampton Inn Waldorf
Waldorf, MD
$7,775,000

Springhill Suites Prince Frederick
Prince Frederick, MD
$6,375,000


Best Western Danbury Bethel
Bethel, CT
$6,100,000



Portland, OR
(503) 200-2048

Baltimore, MD
(443) 703-5027
West Los Angeles, CA
(310) 909-2313
Reno, NV
(775) 348-5228
Phoenix, AZ
(602) 687-6791

Oakland, CA
(510) 379-1283

Palm Springs, CA
(909) 456-7029


Ontario, CA
(909) 456-3420
Ontario, CA
(909) 456-7023
Ontario, CA
(909) 456-3430