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7142 East 1st Street
SOLD

Dynamic City Capital Acquires Canopy By Hilton Scottsdale Old Town Hotel For $102M

7142 East 1st Street

Hotel
clock iconSold 236 days ago
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Summary

Sale
ARIZONA
Hotel

The Canopy by Hilton Scottsdale Old Town, a 177-room hotel located at 7142 East 1st Street in Scottsdale, AZ, has been sold in a significant hotel transaction. The buyer, Dynamic City Capital, acquired the property from Miller Global Properties - James Miller for nearly $102 million.

Summary of transation details

  • Property Type: Hotel
  • Transaction Amount: $102,000,000
  • Address: 7142 East 1st Street, Scottsdale, AZ
  • Market: Scottsdale, AZ

This deal marks one of the major hotel transactions in the Phoenix area this year. The Canopy by Hilton Scottsdale Old Town is now under the ownership of Dynamic City Capital, further expanding their portfolio in the hospitality industry.

Details

Deal Summary
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SOLD
IMAGE: James Miller DATE: 09/26/2023 ADDRESS: 7142 East 1st Street MARKET: Scottsdale, AZ ASSET TYPE: Hotel BUYER: Dynamic City Capital SELLER: Miller Global Properties - James Miller SALE PRICE: $102,000,000 KEYS: 177 ~ PPK: $576,271 NOTE: The Canopy by Hilton Scottsdale Old Town, a 177-room hotel, was sold to Dynamic City Capital for nearly $102 million, making it one of the significant hotel transactions in the Phoenix area this year.

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Address7142 East 1st Street

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