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Andrew Pappas Of Partners Capital Acquires Homewood Suites Hotel In Houston For Renovation

Property Image
SOLD

Texas

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Hotel
Sold 08/11/2025
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Property Image
SOLD

Andrew Pappas Of Partners Capital Acquires Homewood Suites Hotel In Houston For Renovation

2950 Sage Road

See Similar Deals
Hotel
Sold 08/11/2025
the dealdetailscomps

Summary

TEXAS
Asset Type:Hotel
Transaction Type:Sale

The Homewood Suites Houston Galleria is a hotel property located at 2950 Sage Road in Houston. The asset features 162 keys and was built in 2006. Partners Capital acquired this property with plans for a multimillion-dollar renovation following the 2024 World Cup.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Not specified
  • Address: 2950 Sage Road
  • Market: Houston
  • Keys: 162
  • Buyer: Andrew Pappas - Partners Capital
  • Recent acquisitions by buyer include: Hilton Garden Inn San Marcos, Courtyard Marriott-Atlanta Buckhead
  • Current occupancy rate: 84%

Andrew Pappas represented Partners Capital in this transaction. The firm aims to expand its hospitality portfolio through strategic acquisitions and renovations in the hotel sector.

Players

PI
Partners Capital Inc.
BUYER

Details

SOLD
IMAGE: Andrew Pappas DATE: 08/11/2025 ADDRESS: 2950 Sage Road MARKET: Houston ASSET TYPE: Hotel ~ KEYS: 162 BUYER: Andrew Pappas - Partners Capital NOTE: Partners Capital acquired the Homewood Suites Houston Galleria, a 162-key hotel built in 2006, with plans for a multimillion-dollar renovation after the 2024 World Cup. The firm’s recent acquisitions include the Hilton Garden Inn San Marcos and Courtyard Marriott-Atlanta Buckhead, as it expands its hospitality portfolio amid a strong 84% occupancy rate.

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