Mark Beffort's Newmark Robinson Park Acquires Evanston Hotel From Olshan Properties For $34 Million

The hotel located at 1710 Orrington Ave in Evanston has been sold for $34,000,000. The property, with a total of 269 keys, was purchased by Mark Beffort of Newmark Robinson Park. The seller of the hotel was Olshan Properties. The transaction took place on August 22, 2022.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $34,000,000
• Address: 1710 Orrington Ave
• Market: Evanston

Mark Beffort of Newmark Robinson Park represented the buyer in this transaction. The hotel, with 269 keys, was an attractive investment opportunity for Mark Beffort. Olshan Properties, the seller, successfully closed the deal with the buyer, resulting in the sale of the hotel.