Reported Earlier, Marcus & Millichap Closes $101M Sale Of 11-Property Courtyard Hotel Portfolio Across Seven U.S. States
Portfolio Pulse from Benzinga Newsdesk
Marcus & Millichap successfully closed a $101 million sale of an 11-property Courtyard Hotel portfolio across seven U.S. states, representing Skyline Investments Inc. and securing buyers with minimal contingencies.
October 22, 2024 | 6:32 am
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Marcus & Millichap closed a significant $101 million sale of a hotel portfolio, demonstrating their capability to execute large transactions even in uncertain markets.
The successful closure of a $101 million sale indicates Marcus & Millichap's strong market position and ability to handle large transactions, which could positively impact investor sentiment and the stock price.
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