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800 Sorella Court

MetroNational And Rockbridge Acquire 244-Room Hotel In Houston From Midway
SOLDHotel

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:

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

John Nugent

JLL

Broker

$62M

vol

11 deals

Broker

Jason Johnson

MetroNational

Buyer

4 deals

Buyer
Bradley Freels

Bradley Freels

Midway

Seller

2 deals

Seller

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