JLL’s Motels & Hospitality Workforce Closes Sale of Six Hyatt Position Motels

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Hyatt Place Dallas
Hyatt Position Dallas Park Central

ATLANTA—JLL’s Motels & Hospitality Workforce introduced that it has closed the $55 million sale of six Hyatt Position branded select-service inns totaling 754 keys around the U.S. Southeast, Texas, and Kansas.

JLL labored on behalf of Argentic Services and products Corporate LP as a servicer for the vendor’s two CMBS Trusts within the sale of the houses to HKB Resort Workforce, LLC (HKB used to be prompt via ThornOak Capital). The houses had been presented unencumbered via control and with long-term Hyatt franchise agreements.

Each and every lodge used to be built between 1995 and 1997 and has 126 guestrooms, except for for the lodge in Georgia, which has 124 guestrooms.

The portfolio is composed of:

  • Hyatt Position Atlanta Alpharetta North Level Mall, Alpharetta, Georgia
  • Hyatt Position Charlotte Arrowood, Charlotte, North Carolina
  • Hyatt Position Dallas Park Central, Dallas, Texas
  • Hyatt Position Greenville Haywood, Greenville, South Carolina
  • Hyatt Position Roanoke Airport Valley View Mall, Roanoke, Virginia
  • Hyatt Position Topeka, Topeka, Kansas

The inns are positioned inside number one and secondary submarkets with a base of company and recreational call for drivers. Along with each and every submarket’s company presence, starting from healthcare, commercial, finance, generation, and extra, the houses are surrounded via retail, eating, and leisure choices.

The JLL Motels & Hospitality workforce representing the vendor used to be led via Managing Director Chris Dewey, Vice President Steve Leslie, and Senior Managing Director Will Sledge.



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