Property details

TownePlace Suites Portfolio

Investment type

Value Add

Asset Class

Hotel

Ownership Structure

Joint Venture

Year Acquired

2015

Investment Summary

Syndicated invested alongside Arbor Lodging Partners in the acquisition of two TownePlace Suites by Marriott hotels: Keystone and Park 100.

Keystone consists of a 3‐story, 82‐room hotel with 84 dedicated parking spaces and Park 100 consists of a 3‐story, 94‐room hotel with 97 dedicated parking spaces.