NewcrestImage LLC Acquires Marriott Dallas/Fort Worth Westlake Hotel In Westlake, Texas

NewcrestImage LLC, in partnership with Dabu Group, has acquired the 294-room Marriott Dallas/Fort Worth Westlake hotel in Westlake, Texas. The hotel, located at 1301 Solona Boulevard, will undergo a complete renovation following the acquisition. The purchase price and details regarding the seller have not been disclosed.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: Not disclosed
• Address: 1301 Solona Boulevard, Westlake, Texas
• Market: Westlake
• Keys: 294

Mehul Patel, representing NewcrestImage LLC, along with the Dabu Group, led the acquisition of the Marriott Dallas/Fort Worth Westlake hotel. The deal was brokered by Miles Spencer and Parker Sherrill from Newmark. They played a pivotal role in facilitating the transaction.