Hospitality

Marcus & Millichap Negotiates $40.5M Sale of Hilton-Branded Hotel in Downtown Baton Rouge

by Abby Cox February 16, 2026

BATON ROUGE, LA. — Marcus & Millichap has negotiated the $40.5 million sale of the Hilton Baton Rouge Capital Center, a 291-room hotel located in downtown Baton Rouge along the banks of the Mississippi River. Chase Dewese, Jack Davis and Joce Messinger of Marcus & Millichap represented the buyer, Orlando-based Northshore Development, in the transaction. Steve Greer served as Marcus & Millichap’s broker of record in Louisiana. The seller was not disclosed. Amenities at the hotel include an onsite restaurant, swimming pool, fitness center, business center, meeting rooms and an airport shuttle.

February 16, 2026

Hospitality Loans Texas

JLL Arranges Acquisition Financing for 162-Room Hotel Near Downtown Fort Worth

by Taylor Williams February 16, 2026

FORT WORTH, TEXAS — JLL has arranged an undisclosed amount of acquisition financing for a 162-room extended-stay hotel near downtown Fort Worth. The Home2 Suites Fort Worth Cultural District hotel was built in 2020 and offers amenities such as a 630-square-foot meeting space, an outdoor pool and a fitness center. John Bauman, Scott Dickey, Jordan Buck and Charlie Mossy of JLL arranged the loan through Inwood National Bank on behalf of the borrower, a joint venture between Ad Astra Capital and TMGOC Ventures.

February 16, 2026

Acquisitions Hospitality Texas

Marcus & Millichap Brokers Sale of 121-Room Hotel in Texarkana, Texas

by Taylor Williams February 13, 2026

TEXARKANA, TEXAS — Marcus & Millichap has brokered the sale of a 121-room hotel in Texarkana, located near the Texas-Arkansas border. Built on 2.3 acres in 2014 and renovated in 2023, the Residence Inn by Marriott Texarkana offers amenities such as an indoor pool, fitness center, business center and meeting/event space. Chris Gomes of Marcus & Millichap represented the undisclosed, Dallas-based seller in the transaction and procured the buyer, an affiliate of Daugherty Property Group.

February 13, 2026

Development Hospitality Loans Mixed-Use Multifamily Southeast Tennessee Walker & Dunlop

Walker & Dunlop Arranges $371.5M in Development Financing for The Nashville Edition Hotel & Residences

by John Nelson February 11, 2026

NASHVILLE, TENN. — Walker & Dunlop Inc. has arranged $371.5 million in development financing for The Nashville Edition Hotel & Residences, a luxury mixed-use property that will be located in the heart of Nashville’s Gulch neighborhood. Positioned at 11th Avenue and Grundy Street, The Nashville Edition will comprise a 28-story tower with 261 hotel rooms and 84 for-sale residences. The project will include chef-led restaurant and bar concepts, multiple floors of amenity spaces and fully separate hotel and residential lobbies and gyms. Shared amenity offerings will include a spa, golf simulator, 8,300 square feet of combined ballroom and pre-function space, conference rooms and a rooftop pool and bar. Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Ari Hirt and Michael Ianno of Walker & Dunlop’s capital markets team collaborated with Jay Morrow, Carter Gradwell and Jack Hughes of the firm’s hospitality team to arrange the financing through Madison Realty Capital and KSL Capital Partners. The borrower was Tidal Real Estate Partners, which is developing The Nashville Edition Hotel & Residences in collaboration with Left Lane Development and Marriott International. Tidal has obtained a total of $400 million in construction financing for the development.

February 11, 2026

Acquisitions Hospitality Oklahoma Texas

Mumford Co. Arranges Sale of 61-Room Hotel in McAlester, Oklahoma

by Taylor Williams February 11, 2026

MCALESTER, OKLA. — Mumford Co., a national brokerage firm based in Virginia, has arranged the sale of a 61-room hotel in McAlester, about 130 miles southeast of Oklahoma City. The two-story building is operated under the Best Western brand and includes an outdoor pool. G.R. Patel of Mumford Co. represented the seller, an Oklahoma-based family trust, in the transaction. The buyer was AMBA Hospitality LLC. The sales price was not disclosed.

February 11, 2026

Development District of Columbia Hospitality Industrial Loans Southeast

DC Green Bank, Nuveen Green Provide $42M C-PACE Loan for Hotel Conversion Project in D.C.

by John Nelson February 10, 2026

WASHINGTON, D.C. — DC Green Bank and Nuveen Green Capital have closed $42 million in C-PACE financing for a hotel conversion project in Washington, D.C. The project is a repositioning of a former warehouse in the city’s Georgetown district into the new 230-room citizenM Georgetown hotel. The borrower, Another Star, will operate the hotel upon completion of the conversion, which is expected for this summer. The project will include installing efficient HVAC, water heaters, insulation and lighting systems, which are estimated to save the property owner approximately $46,000 in utility costs per year. Another Star manages 37 citizenM hotels in the United States and Europe.

February 10, 2026

District of Columbia Hospitality Loans Southeast

Newmark Arranges $99M Loan for Refinancing of Hotel at The Wharf in D.C.

by Abby Cox February 9, 2026

WASHINGTON, D.C. — Newmark has arranged a $99 million loan for the refinancing of the Intercontinental Washington, D.C. – The Wharf, a 278-room hotel located within The Wharf, a 3.5 million-square-foot mixed-use development on the southwest Washington, D.C., waterfront. Jordan Roeschlaub, Nick Scribani, Tyler Dumon and Tate Keir of Newmark arranged the loan through Morgan Stanley on behalf of the borrower, CarrAmerica, a locally based real estate investment, development and management firm. Completed in 2017, the 250,000-square-foot hotel spans 12 stories and features a first-floor restaurant, as well as 6,000 square feet of retail space. Guest amenities include a 5,000-square-foot ballroom, 4,000 square feet of meeting space, a spa, fitness center, restaurant bar and lounge, rooftop pool and bar and an underground parking garage.

February 9, 2026

Development Hospitality Texas

Extended Stay America Opens 116-Room Hotel in Temple, Texas

by Taylor Williams February 9, 2026

TEMPLE, TEXAS — Extended Stay America has opened a 116-room hotel in the Central Texas city of Temple. Developed by Provident Hospitality, the Extended Stay America Premier Suites – Temple is a four-story building with rooms that feature fully equipped kitchens with refrigerators, stovetops and microwaves, as well as dedicated dining and work areas. Amenities include fitness and business centers, as well as onsite laundry facilities.

February 9, 2026

Acquisitions Hospitality Loans New York Northeast Top Stories

Gencom Acquires The Ritz-Carlton New York, Central Park Hotel

by Abby Cox February 6, 2026

NEW YORK CITY — Gencom, a Miami-based investment firm, has acquired The Ritz-Carlton New York, Central Park, a 253-room hotel located in Midtown Manhattan. Banco Inbursa provided financing for the acquisition. Although the sales price was not disclosed, media outlets reported a bidding price of $400 million for the property in March 2024. “Gencom continues to see compelling long-term opportunities in New York City, particularly for luxury assets with enduring global appeal,” says Karim Alibhai, founder and principal of Gencom. Situated within the Plaza District at the corner of Central Park South and Sixth Avenue, the Ritz-Carlton New York comprises 253 guest rooms, including 47 suites that are located on the lower 22 floors of the 33-story building. The upper floors consist of roughly a dozen private residential condominiums, which were not included in the sale. Guest rooms offer a more standard hotel room layout, with separate seating areas, marble bathrooms and walk-in showers. Meanwhile, the residential condos average more than 1,000 square feet in size and include distinct living spaces, kitchens and dining areas. The Ritz-Carlton hotel also features various amenities for its guests, including Contour, the all-day gastro lounge; the Ritz-Carlton Club Lounge; the La Prairie Spa; and a …

February 6, 2026

Acquisitions Hospitality Texas

Marcus & Millichap Brokers Sale of 120-Room Hotel in West Houston

by Taylor Williams February 4, 2026

HOUSTON — Marcus & Millichap has brokered the sale of a 120-room hotel in West Houston. The hotel was built in 1995 and is operated under the Red Roof Plus+ brand. Amenities include a breakfast area, fitness center and onsite laundry facilities. Skyler Cooper of Marcus & Millichap represented the seller in the transaction and procured the buyer. Both parties were limited liability companies. Chris Gomes, Allan Miller and Rajan Patel of Marcus & Millichap provided support for the deal.

February 4, 2026

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