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Rob Rain Of OTO Development Acquires Hyatt House Dallas/Uptown Hotel With 141 Keys

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SOLD

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Rob Rain Of OTO Development Acquires Hyatt House Dallas/Uptown Hotel With 141 Keys

2914 Harry Hines Boulevard

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Hotel
Sold 09/08/2025
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Summary

TEXAS
Asset Type:Hotel
Transaction Type:Sale

The asset involved in the transaction is a 141-key hotel located at 2914 Harry Hines Boulevard, situated in the Dallas market. This location is known for its extended-stay accommodation options and is part of the Harwood District.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Not specified
  • Address: 2914 Harry Hines Boulevard
  • Market: Dallas
  • Asset Keys: 141
  • Buyer: Rob Rain - OTO Development

Rob Rain represented OTO Development in the acquisition of the Hyatt House Dallas/Uptown, which marks the company's first venture into the Texas property market. The company has plans to undertake renovations in various areas including guestrooms and outdoor spaces.

Players

Rob Rain
3 deals$127.5M volume
BUYER

OTO Development
BUYER

Details

SOLD
IMAGE: Rob Rain DATE: 09/08/2025 ADDRESS: 2914 Harry Hines Boulevard MARKET: Dallas ASSET TYPE: Hotel ~ KEYS: 141 BUYER: Rob Rain - OTO Development (@OTODevelopment) NOTE: OTO Development, part of The Johnson Group, acquired the 141-key Hyatt House Dallas/Uptown, marking its first Texas property. The company plans renovations to guestrooms, shared spaces, and outdoor areas at the extended-stay hotel in Dallas’ Harwood District.

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