JLL's Hotels & Hospitality Group Closes Sale of Six Hyatt Place Hotels

Hyatt Place Dallas Park Central ATLANTA—JLL's Hotels & Hospitality Group announced that it has closed the $55 million sale of six Hyatt Place brand...

November 28, 2022
2:54 AM

Hyatt Place Dallas Park Central ATLANTA—JLL's Hotels & Hospitality Group announced that it has closed the $55 million sale of six Hyatt Place branded select-service hotels totaling 754 keys across the U.S. Southeast, Texas, and Kansas. JLL worked on behalf of Argentic Services Company LP as a servicer for the seller's two CMBS Trusts in the sale of the properties to HKB Hotel Group, LLC (HKB was advised by ThornOak Capital). The properties were offered unencumbered by management and with long-term Hyatt franchise agreements.

LODGING Staff