Hospitality MarketWatch
Week of August 5th - August 9th

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Marcus & Millichap
Marcus & Millichap Arranges $4.7M Sale of 75-Room Hotel in Green Bay
rebusinessonline.com - August 06, 2019

Marcus & Millichap sells 49-room hotel in Michigan
RE Journals - August 02, 2019
California
Luxury Hotel Coming to Fourth and Main
Los Angeles Downtown News - August 06, 2019

Korean firm buys site for big hotel in new north San Jose entertainment district
San Jose Mercury News - August 07, 2019

How urban living is coming to the Sacramento Waterfront
KXTV - August 07, 2019
West
Kex Iceland to open Portland, Ore., hotel
Hotel Management - August 02, 2019

Hilton Introduces Revamped Arizona Hotel
Commercial Property Executive - August 07, 2019

Choice Hotels Signs With Brar Hotels Group for Development of Spokane's First Cambria Hotel
Hotel Online - August 06, 2019
Midwest
Marriott opens new TownePlace Suites in Wisconsin
RE Journals - August 05, 2019

GFI Sells 198-Room Hilton Garden Inn in Downtown Detroit
rebusinessonline.com - August 07, 2019

Joint Venture Buys 398-Room Marriott Hotel in Overland Park, Kansas
REBusinessOnline - August 05, 2019

Dayton's hotel market heats up, more rooms coming to downtown
Dayton Daily News - August 06, 2019

Hotel boom bringing more revenue to Butler County, with 6 more coming soon
Oxford Press - August 07, 2019

Commonwealth Hotels opens first Marriott property in Plainfield Area
Hotel Management - August 07, 2019

Oklahoma City's $288M Convention Center Nears Completion
Commercial Property Executive - August 05, 2019
Northeast
Briad Group Celebrates Groundbreaking of Homewood Suites Edison in New Jersey
Hotel Online - August 07, 2019

Gregory Sharp designs new Westchester County, N.Y., hotel
Hotel Management - August 05, 2019

Dual-brand Holiday Inn, Staybridge Suites opens in North Quincy
The Patriot Ledger - August 07, 2019

Go Inside the World's First Equinox Hotel
Hotel Online - August 07, 2019
Southeast
Sandestin Investments Plans Summer 2020 Opening of Hotel Effie Sandestin
Hotel Online - August 05, 2019

Nakash JV Buys Nashville Hotel for $102M
Commercial Property Executive - August 07, 2019

Balfour Beatty to Build $1B Broward County Convention Center Expansion in Fort Lauderdale
REBusinessOnline - August 02, 2019

Hotels fuel downtown Memphis commercial growth
AMG_AH - August 02, 2019

Site plan approved for 115-room Home2 Suites hotel in Martinsburg
The Morning Herald/The Daily Mail - August 07, 2019

Comcast's NBCUniversal plans massive Orlando theme park to rival Disney
PhillyVoice - August 02, 2019
Texas
Raymond Management to Develop 119-Room Marriott Hotel in Fort Worth
REBusinessOnline - August 06, 2019

Ashford sells Marriott Plaza San Antonio for $34M
Hotel Management - August 05, 2019
Featured Listing
Best Western Rancho Grande
Wickenburg, AZ
-10.0% Cap Rate
-4.0x Room Revenue Multiplier
-Steady RevPAR Growth
-4 Miles from Rio Vista Hills Airport
-In Opportunity Zone
-3 Miles from Hassayampa River Preserve
Recent Closings
Holiday Inn Express Development Land
Longmont/Firestone, CO
$999,999
Comfort Inn & Suites
Omaha, NE
$4,800,000
Residence Inn
Albuquerque, NM
$14,825,000

Shane Hanrahan
Portland, OR
(503) 200-2048
Josh Tammen
Phoenix, AZ
(602) 687-6791

Karianne Cibello
Baltimore, MD
(443) 703-5027
Timothy J. Watkins
Reno, NV
(775) 348-5228
Shane Lupo
Ontario, CA
 (909) 456-3430
Kelly Hansen
Ontario, CA
(909) 456-3441
Matthew Monahan
West Los Angeles, CA
(310) 909-2313
Brant Keiki Nelson
Portland, OR
 (503) 200-2057
Palm Springs, CA
 (909) 456-7029
Justin Bowen
Ontario, CA
(909) 456-7023

Zac Walsh
Baltimore, MD
(443) 703-5029
Ontario, CA
(909) 456-3420