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1445 Lake Cook Road

BCI Pacific Real Estate Acquires Embassy Suites Chicago North Shore From Bradford W. Howe For $12.4M
SOLDHotel

BCI Pacific Real Estate Acquires Embassy Suites Chicago North Shore From Bradford W. Howe For $12.4M

1445 Lake Cook Road

$12,400,000

Building Size

Asset Type

Hotel

Closing

Sep 24, 2025

AI

The 237-room Embassy Suites Chicago North Shore, located at 1445 West Lake Cook Road in Deerfield, has been sold for a transaction amount of $12,400,000, translating to approximately $52,321 per key. The market for this hotel asset reflects the current trends with noticeable discounts for full-service suburban hotels post-pandemic.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $12,400,000
  • Buyer: BCI Pacific Real Estate
  • Seller: Bradford W. Howe - Broadshore Capital Partners
  • Keys: 237
  • Price Per Key: $52,321
  • Market: Deerfield

This transaction underscores the activities surrounding full-service hotels in the area, highlighting a 25% decline from the property's sale price in 2011. Other nearby hotels, including Hyatt Regency Deerfield and Westin Chicago North Shore, have also seen significant price reductions in recent years.

Players

BP
Broadshore Capital PartnersSeller

Deerfield Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.28%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93