facebook
Traded Co logo
Submit
Daily limit: 0/10

Texas-based Hotel Investment Group Acquires Sonesta Select Dallas Central Expressway From Service Properties Trust

Property Image
SOLD
Mark Rome
Scott Stephens
+ 2

Texas

See Similar Deals
Hotel
Sold 08/06/2025
the dealplayerscompscontact
Property Image
SOLD

Texas-based Hotel Investment Group Acquires Sonesta Select Dallas Central Expressway From Service Properties Trust

10325 North Central Expressway

See Similar Deals
Hotel
Sold 08/06/2025
Mark Rome
Scott Stephens
+ 2
Contact now

Summary

TEXAS
Asset Type:Hotel
Transaction Type:Sale

The 160-room Sonesta Select – Dallas Central Expressway is located at 10325 North Central Expressway in the Dallas market. This property is classified as a hotel asset and was recently sold to a Texas-based hotel investment group.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Not disclosed
  • Address: 10325 North Central Expressway
  • Market: Dallas
  • Asset Keys: 160
  • Seller: Chris Bilotto - Service Properties Trust (SVC)
  • Broker Representatives: Monty Levy, Scott Stephens, Mark Rome & Dan Miller - HREC Investment Advisors

HREC Investment Advisors facilitated the transaction, navigating a challenging lending environment on behalf of Service Properties Trust (SVC). The buyer plans to undertake a major renovation of the property following the acquisition.

Players

Mark Rome
3 deals
BROKER

Monty Levy
HREC Investment Advisors
2 deals
BROKER

Scott Stephens
HREC Investment Advisors
2 deals$73M volume(813) 787-7291
BROKER


HREC Investment Advisors
BROKERAGE

Chris Bilotto
Service Properties Trust
5 deals$562.6M volume
SELLER

Details

SOLD
IMAGE: Chris Bilotto, Monty Levy, Scott Stephens, Mark Rome & Dan Miller DATE: 08/06/2025 ADDRESS: 10325 North Central Expressway MARKET: Dallas ASSET TYPE: Hotel ~ KEYS: 160 SELLER: Chris Bilotto - Service Properties Trust (SVC) BROKERS: Monty Levy (@MontyLevy), Scott Stephens, Mark Rome & Dan Miller - HREC Investment Advisors NOTE: HREC Investment Advisors brokered the sale of the 160-room Sonesta Select – Dallas Central Expressway to a Texas-based hotel investment group. The buyer plans a major renovation, with HREC navigating a challenging lending environment on behalf of longtime client Service Properties Trust (SVC). # HRECInvestmentAdvisors

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00