Community Finance Corporation Acquires Hotel In San Antonio, TX From Hyatt Hotels Corporation For $109M

The hotel located at 600 E. Market Street in San Antonio, TX was recently sold in a transaction. The property is owned by Hyatt Hotels Corporation and was sold to Community Finance Corporation. The deal was facilitated by David Peters, representing Hyatt Hotels Corporation. The sale price for the hotel was $109,000,000. The property features 1,003 keys, resulting in a price per key of $108,674.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $109,000,000
• Date: 11/07/2022
• Address: 600 E. Market Street, San Antonio, TX
• Market: San Antonio, TX
• Seller: Hyatt Hotels Corporation - David Peters
• Buyer: Community Finance Corporation
• Keys: 1,003
• Price per Key: $108,674

The sale of this hotel in San Antonio, TX involved key individuals and companies. David Peters from Hyatt Hotels Corporation represented the seller, and the buyer was Community Finance Corporation. This transaction demonstrates the robust activity in the hotel market.