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BH Hospitality Management Acquires Tru By Hilton Downtown Riverwalk Hotel In San Antonio From SAT 901 Star LLC

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SOLD

Texas

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Hotel
Sold 07/11/2023
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SOLD

BH Hospitality Management Acquires Tru By Hilton Downtown Riverwalk Hotel In San Antonio From SAT 901 Star LLC

901 E Houston St, San Antonio, TX 78205, United States

See Similar Deals
Hotel
Sold 07/11/2023
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Hotel
Transaction Type:Sale

The Tru by Hilton Downtown Riverwalk hotel in San Antonio has been sold by SAT 901 Star LLC to BH Hospitality Management for an undisclosed amount. The 95-room hotel, built in 2016, is located at 901 East Houston Street and sits on land valued at $7.1 million.

Summary of transaction details

  • Property Type: Hotel
  • Transaction Amount: Undisclosed
  • Keys: 95
  • Address: 901 East Houston Street
  • Market: San Antonio

BH Hospitality Management, led by Harsh Patel, acted as the buyer in the transaction. SAT 901 Star LLC was the seller. The deal was facilitated with the assistance of Broadway Bank as the lender.

Players

HP
Harsh Patel
3 deals$1M volume
BUYER
Broadway Bank
Broadway Bank
LENDER

Details

SOLD
IMAGE: Harsh Patel DATE: 07/11/2023 ADDRESS: 901 East Houston Street - Tru by Hilton Downtown Riverwalk MARKET: San Antonio ASSET TYPE: Hotel ~ KEYS: 95 BUYER: BH Hospitality Management - Harsh Patel SELLER: SAT 901 Star LLC LENDER: Broadway Bank NOTE: BH Hospitality Management has purchased the Tru by Hilton Downtown Riverwalk hotel in San Antonio from SAT 901 Star LLC for an undisclosed amount. The 95-room property was built in 2016 and sits on land valued at $7.1 million.

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