Thomas Chen Of Scenic Capital Advisors Acquires Embassy Suites By Hilton Dallas Love Field For 248 Keys
3880 West Northwest Highway
Building Size
—
Asset Type
Hotel
Closing
Mar 23, 2026
AI
The asset involved in the transaction is a hotel located at 3880 West Northwest Highway, Dallas. The property is an Embassy Suites by Hilton, featuring 248 suites and situated near Dallas Love Field Airport. This hotel is part of the Dallas market.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not disclosed
- Address: 3880 West Northwest Highway
- Market: Dallas
- Asset Type: Hotel
- Keys: 248
- Buyer: Thomas Chen - Scenic Capital Advisors LLC
- Seller: FelCor Dallas Love Field Owner LLC
- Broker: Kami Burnette - Hunter Hotel Advisors
Thomas Chen, representing Scenic Capital Advisors LLC, acquired the property from FelCor Dallas Love Field Owner LLC. The transaction was brokered by Kami Burnette of Hunter Hotel Advisors, who led the efforts for the transaction involving the 248-suite hotel. Scenic Capital Advisors plans to renovate the hotel to meet the ongoing demand from corporate and travel-driven clientele.
Players
Dallas Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93