GAINESVILLE, TEXAS — Atlanta-based hospitality brokerage firm Hunter Hotel Advisors has arranged the sale of an 83-room hotel in Gainesville, located north of the metroplex. The Fairfield Inn & Suites Gainesville I-35 hotel was built in 2019 and offers amenities such as an indoor pool, fitness center, business center and 450 square feet of meeting and event space. Kami Burnette and Mason McDavid of Hunter Hotel Advisors represented the seller, an entity doing business as Texoma 35 LLC, in the transaction.
WOODBRIDGE, N.J. — The hotel division of local financial intermediary Cronheim Mortgage has arranged a $13.2 million loan for the refinancing of two hotels in the Northern New Jersey community of Woodbridge. The 101-room Comfort Suites was built in 1998, and the 90-room Fairfield Inn & Suites was built in 2003. David Turley led the Cronheim team that secured the five-year, fixed-rate loan through an undisclosed bank. The undisclosed borrower plans to use a portion of the proceeds to convert the Comfort Suites property into a 96-room TownePlace Suites hotel.
SANTA FE, N.M. — Ashford Hospitality Trust has competed the disposition of La Posada de Santa Fe, a Tribute Portfolio Resort & Spa, to Abo Sada LLC for an undisclosed price. Kami Burnette and Brian Embree of Hunter Advisors represented both parties in the transaction. Situated on more than 5 acres in downtown Santa Fe, La Posada features 157 guest rooms and suites, multiple food-and-beverage venues, a full-service spa and approximately 7,700 square feet of meeting space. The resort’s dining options include several distinct outlets, including the historic Staab House lounge.
NEW BRAUNFELS, TEXAS — Oldham Goodwin Group, a Texas-based development, management and brokerage firm, has topped out a 150-room hotel in the northeastern San Antonio suburb of New Braunfels. The eight-story, 150,000-square-foot building will be operated under the Springhill Suites by Marriott brand. The site is located along the Guadalupe River, and the hotel will connect to the adjacent 125-room Courtyard by Marriott hotel. Amenities will include a pool, fitness center, business center, meeting rooms, boat docks and an onsite restaurant and bar. Niles Bolton Associates is the project architect, and Arch-Con Corp. is the general contractor. Construction began last summer and is expected to be complete in late 2026-early 2027.
PECOS, TEXAS — Marcus & Millichap has brokered the sale of a 107-room hotel in Pecos, located roughly midway between Midland and El Paso. The hotel is operated under the Best Western brand, and the sale included the Alpine Lodge restaurant, Ol’ Barrys Tavern and The Villas, a 33-unit manufactured housing community situated behind the hotel. Allan Miller and Chris Gomes of Marcus & Millichap represented the seller, an entity doing business as Catering of Central Texas LLC, in the transaction and procured the buyer, a private investor group.
SAVANNAH, GA — Bethesda, Md.-based Greysteel has arranged construction financing for a dual-branded, 146-room SpringHill Suites and TownePlace Suites Marriott hotel in Savannah. Greysteel secured the loan on behalf of Arya Hospitality, a Savannah-based developer. An Atlanta-based regional bank provided financing for the project. Further details of the transaction were not disclosed, but a source familiar with the transaction said the loan amount was north of $15 million.
By Aghfar Arun, Bradford Allen Indianapolis has a reputation as a convention town, but its hotel story has moved well beyond lanyards and name badges. A growing mix of sports, healthcare, corporate and leisure demand is now filling rooms year‑round — downtown and across the suburbs — turning the market into one of the Midwest’s most reliable hospitality overachievers. Event boom downtown Indianapolis experienced 8.1 million room nights of demand in the 12-month period ending at mid-year 2025, according to CoStar data. This is over 580,000 more than the market’s pre-COVID peak. To meet this demand, the construction pipeline at mid-year included more than 1,500 hotel rooms, with another 3,402 rooms in the final planning stages and 3,220 rooms proposed. According to Visit Indy, new projects slated for delivery in 2026 include a pair of adaptive reuse projects: The Kimpton will transform the historic Odd Fellows Building into a 167-key luxury hotel and the Motto Hotel will bring 116 rooms to the King Cole Building. The most notable project is Signia by Hilton, a 38-story hotel with 800 guest rooms developed alongside a 143,500-square-foot expansion of the Indiana Convention Center. A snapshot of downtown Indianapolis, prepared last year by …
SHERMAN, TEXAS — Marcus & Millichap has brokered the sale of a 69-room Comfort Inn hotel in the North Texas city of Sherman. Built on 4.3 acres in 1999 and renovated in 2020, the hotel offers a business center, fitness center, indoor pool and onsite laundry facilities. Chris Gomes, Allan Miller and Skyler Cooper of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
MIAMI BEACH, FLA. — Atlanta-based Peachtree Group has originated a $103 million bridge loan for the recapitalization and completion of the 289-room Hilton Miami Beach Convention Center Hotel. The development team behind the hotel was not released. The property is a redevelopment of the historic Collins Park Hotel, which is designated by the City of Miami Beach Historic Preservation Board. The hotel is set for completion in May and will sit steps from the Miami Beach Convention Center and two blocks from the Atlantic Ocean. According to the property website, the hotel will offer complimentary Wi-Fi, an onsite concierge, restaurant, bar, outdoor swimming pool and a fitness center. Also adjacent to Miami Beach Convention Center is Grand Hyatt Miami Beach, a 17-story hotel by Terra and Turnberry that will span 800 rooms upon completion.
DALLAS — Marcus & Millichap has brokered the sale of a 103-room hotel in West Dallas. The Residence Inn Dallas at The Canyon is an extended-stay hotel that was built in 2018 and offers studio and one-bedroom suites with full kitchens. Amenities include a pool, fitness center, business center and a convenience store. Chris Gomes and Allan Miller of Marcus & Millichap represented the seller, Dallas-based Atlantic Hotel Group, in the transaction. Clayton Hill and Gordon Allred, also with Marcus & Millichap, procured the buyer, a private investment group doing business as Jean Valjean LLC.
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