News

Property details

Marriott Courtyard

Investment type

Value Add

Asset Class

Hotel

Ownership Structure

Joint Venture

Year Acquired

2018

Investment Summary

Situated invested alongside Arbor Lodging Partners in a three-story, 90-room Marriott Courtyard located at 7226 Woodland Drive, Indianapolis, Indiana.

Originally developed in 1997, the Property includes amenities such as a business center, indoor pool, whirlpool, outdoor patio/terrace, fitness center, convenience store/sundry shop, and guest laundry room. The Property also features an on-site food and beverage area called the Bistro, which offers a breakfast buffet, espresso bar, and made-to-order hot items, as well as limited room service, dinner, and drinks in the evening at a la carte prices.

Syndicated Equities Acquires Carhartt Corporate Headquarters & Global Design Facility

Syndicated Equities is pleased to announce the acquisition of Carhartt’s Global Design and Corporate Headquarters.

The property, which is located at 5750 Mercury Drive in Dearborn, Michigan, is a 58,722 square-foot, two-story, class A corporate headquarters situated across the street from Ford’s global headquarters. The Property is utilized as Carhartt’s corporate headquarters and is also its state-of-the-art global design center, where all fabric and design decisions are made for new apparel. Syndicated acquired the property in a Delaware Statutory Trust ownership structure to accommodate investors completing Section 1031 exchanges along with accredited individual investors.

Syndicated Equities provides accredited investors and family offices with institutional quality commercial real estate investments. Since 1986, the firm has developed an expertise in co-investment ownership, net lease brokerage services, global real estate opportunity funds, and more recently, qualified opportunity zones. To date, Syndicated Equities has made over 100 investments representing over $500 million of equity and $2 billion of total asset value.

For more information please visit www.syneq.com or call (312) 640-9020

Syndicated Equities Invests Alongside Trestle Studios in Historic Choo Choo Hotel Renovation

Syndicated Equities is pleased to announce an investment in the repositioning of the historic Choo Choo in Chattanooga, TN.

The property is located at 92 Choo Choo Avenue, within the campus of the iconic 7-acre former railroad station known as the Chattanooga Choo Choo Terminal Station. Syndicated has invested in the property alongside Trestle Studio (“Trestle”), a hotel renovation, development, and management company with over 20 years of experience. Trestle began renovations in March 2023 and is projected to complete the project by the end of 2023. Once renovated, the rebranded hotel will be known as The Chalet and will feature 127 keys/rooms, including a unique offering of boutique hotel rooms in repurposed train cars, state-of-the-art banquet and catering facilities, a lounge/restaurant, and 1,749 SF of retail space.

Syndicated Equities provides accredited investors and family offices with institutional quality commercial real estate investments. Since 1986, the firm has developed an expertise in co-investment ownership, net lease brokerage services, global real estate opportunity funds, and more recently, qualified opportunity zones. To date, Syndicated Equities has made over 100 investments representing over $500 million of equity and $2 billion of total asset value.

For more information please visit www.syneq.com or call (312) 640-9020

Syndicated Equities Invests Alongside 3L Real Estate in Fort Worth Adaptive Reuse Project

Syndicated Equities is pleased to announce an investment in the Oncor, an office building that will be converted to multifamily located in downtown Fort Worth, Texas.

The property will be redeveloped by 3L Real Estate, a Chicago and Dallas-based developer that specializes in the adaptive reuse of converting urban office buildings to residences. The property consists of a 314,514 square foot, 16-story office building and a 4-story addition. Once complete, it will feature 330 units with Class A amenities including a gym, pool, rooftop deck, and business center.

Syndicated acquired the property alongside 3L Real Estate. Matt McCulloch, Managing Partner with Syndicated, noted “We are pleased to join 3L in another office to multifamily conversion, where they have proven to be creative and successful in their approach. Fort Worth is a growing and dynamic market that should have strong demand for this product.”

Syndicated Equities provides accredited investors and family offices with institutional quality commercial real estate investments. Since 1986, the firm has developed an expertise in co-investment ownership, net lease brokerage services, global real estate opportunity funds, and more recently, qualified opportunity zones. To date, Syndicated Equities has made over 100 investments representing over $500 million of equity and $2 billion of total asset value.

For more information please visit www.syneq.com or call (312) 640-9020