100
NEW YORK CITY — New York City-based MCR Development has acquired a 10-hotel portfolio for approximately $164 million. The portfolio contains a total of 1,100 rooms. The properties include six Marriot-branded hotels and four Hilton-branded hotels located in Connecticut, New Jersey, New York and Pennsylvania. The flags include Residence Inn by Marriott, Springhill Suites by Marriott, Courtyard by Marriott, Hilton Garden Inn and Hilton Homewood Suites. The properties average less than two years in age. MCR Property Management will manage the hotels. The seller's name was not released.