MetroNational And Rockbridge Acquire 244-Room Hotel In Houston From Midway
800 Sorella Court
Building Size
—
Asset Type
Hotel
Closing
May 4, 2026
AI
The Moran CityCentre is a 244-room hotel located at 800 Sorella Court in Houston. It was sold in a closed transaction with key involvement from top brokerage firms.
Summary of transation details:
- Property Type: Hotel
- Transaction Amount: Not disclosed
- Address: 800 Sorella Court
- Market: Houston
- Keys: 244
- Buyer: Jason Johnson - MetroNational
- Buyer: Jimmy Merkel - Rockbridge
- Seller: Bradley Freels - Midway
- Brokers: Colby Mueck, Ryan West, John Nugent, Greyson Fewin & Robby Westerfield - JLL
The transaction involved MetroNational and hospitality firm Rockbridge, who together added The Moran CityCentre to their joint venture portfolio. This expansion includes Hotel ZaZa assets across Texas. Additionally, the deal encompasses MetroNational acquiring full ownership of the adjacent CityCentre retail spaces, which include Daily Gather and Yard House.
Players
Houston 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