Syndicated Equities recently completed its preferred equity investment for the acquisition of the Hilton DoubleTree and Embassy Suites (Hilton) hotels in Rosemont (Chicago MSA), Illinois.
The properties are strategically located along River Road, the primary artery serving Rosemont’s entertainment, office, and shopping districts, and are approximately one mile from O’Hare International Airport. As part of the acquisition, new franchise agreements were secured with Hilton.
Syndicated Equities acquired the property in a joint venture alongside Nath Companies, a Minneapolis-based owner and operator of hotels, restaurants, and multifamily assets throughout the Midwest. Nath will serve as the property and asset manager.
Syndicated Equities provides individuals with institutional quality, commercial real estate investments. Since 1986, the firm has developed in expertise in co-investment ownership, net lease brokerage services, global real estate opportunity funds, and more recently, qualified opportunity zones.
For more information call (312) 640-9020 or 1-888-SEC-1031.