Four Transactions to Know

NATIONAL REPORT—Hotel Business is tracking transactions. Some of the companies recently involved in hotel deals include MCR, HREC and more. Here are the details:

MCR Acquires Two Hotels in Indianapolis
MCR has acquired two hotels in the Indianapolis, the 110-room Hampton Inn Indianapolis Northwest – Park 100 and the 78-room Residence Inn by Marriott Indianapolis Northwest.

HREC Arranges Sale of Hawthorn Suites by Wyndham Orlando, FL
HREC Investment Advisors has arranged the sale of the 176-guestroom Hawthorn Suites by Wyndham Orlando International Drive located in Orlando, FL. The buyer was The Lighthouse Group of Pacific Palisades, CA who will be converting the property to long-term stay/multi-family.

Developer Phil Hospod, Designer Lyon Porter Acquire Alpine Inn
Seasoned hotel developer Phil Hospod and innkeeper and designer Lyon Porter have acquired the 27-room Alpine Inn in Big Indian, NY, with plans to transform the 68-acre property into an Urban Cowboy designed lodge and spa. The property sits in the heart of Catskill Park amidst the 33,500-acre Big Indian Wilderness nature preserve, yet is only 10 minutes to the Phoenicia Diner.

Brian Friedman Acquires Rosewood Inn of the Anasazi
Hospitality veteran and investor Brian Friedman has acquired Rosewood Inn of the Anasazi, in Santa Fe, NM. He confirmed that plans for the award-winning hotel are to keep it “authentic,” he said, with new inclusions that only elevate the dining, art and service experiences “that will carry it into the future, assuring its longevity and legacy.”