MCR Hotels Acquires Hospitality Portfolio From Seller ICON Lodging

The Hospitality Portfolio, consisting of hotels in Euless, Fort Worth, Colleyville, TX, and Santa Fe, New Mexico, has been sold in a recent transaction. The portfolio includes a total of 603 hotel keys and was sold on January 11, 2022. The buyer in this transaction is MCR Hotels, while the seller is ICON Lodging. The deal was facilitated by Chris Gomes and Allan Miller of Marcus & Millichap, who represented the parties involved.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: Not specified
• Address: Hospitality Portfolio
• Market: Euless, Fort Worth, Colleyville, TX & Santa Fe, New Mexico

Chris Gomes and Allan Miller of Marcus & Millichap played a key role in the transaction as the brokers representing the buyer, MCR Hotels, and the seller, ICON Lodging. They provided their expertise and guidance throughout the deal, ensuring a successful outcome for both parties involved.