Buy-Side Broker

Michael Crockett

President

Crockett Enterprises, LLC
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Consultant

Is Looking For

Premium branding (Marriott/Hilton/Hyatt/etc.) 80-350 guestrooms

Acquisition Criteria

Description:

No less than 80 guestrooms, no more than 350 (with certain exceptions)
Generally within primary or secondary markets in the continental US
Limited service, extended stay or compact full service properties (sub 15k SF meeting space)
Premium branding (Marriott/Hilton/Hyatt/etc.) or the ability to up-brand
Under-managed, under-capitalized or under-performing is what we generally look to target (value-add)
Total capitalization of ~$20M and up


Listing Types:

Hotel

Price Range:

Over $20,000,000

Locations:

Houston, TX, USA Orlando, FL, USA Charlotte, NC, USA Raleigh, NC, USA Portland, OR, USA Seattle, WA, USA Miami, FL, USA Boston, MA, USA New York, NY, USA Atlanta, GA, USA Los Angeles, CA, USA San Francisco, CA, USA Chicago, IL, USA Phoenix, AZ, USA

Details:

Units: 80 to 350

Last Updated: 10/08/2021
Created: 2021-09-29T23:00:15Z
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