Fortress Investment Group Acquires Westin O’Hare Hotel In Rosemont For $50M

The asset involved in the transaction is a hotel located at 6100 North River Road in Rosemont. The property was sold for $50,000,000, which translates to approximately $95,238 per key for its 525 keys. The sale reflects a significant discount from the $82,000,000 paid by the previous owner, Clarion Partners, in 2015.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $50,000,000
• Buyer: Drew McKnight & Jack Neumark - Fortress Investment Group
• Seller: David Gilbert & John Pristaw - Clarion Partners
• Keys: 525
• Price Per Key: $95,238
• Date: 03/23/2026
• Market: Rosemont

This transaction showcases the involvement of Drew McKnight and Jack Neumark, acting as representatives of Fortress Investment Group, while David Gilbert and John Pristaw represented Clarion Partners in the sale. The acquisition of the Westin O’Hare indicates an upward trend in suburban hospitality values, particularly in relation to O’Hare International Airport.