Marcus & Millichap Closes $101 Million 11-Property Hospitality Portfolio Sale
Marcus & Millichap, Inc. (MMI)
Last marcus & millichap, inc. earnings: 2/20 04:04 pm
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of an 11-property Courtyard Hotel portfolio in Illinois, Ohio, Alabama, Arkansas, Virginia, Kentucky, and Oklahoma. The portfolio sold for $101 million.“During this period of market uncertainty, we successfully connected multiple buyers with their respective lenders to fulfill the portfolio closing requirements for the seller, with minimal contingencies and securing non-refundable earnest money,” said Ebrahim Valliani, first vice president investments in Marcus & Millichap’s Chicago Oak Brook office. “We delivered the confidence that the sellers needed for a successful and reliable transaction.” Valliani represented the seller, Skyline Investments Inc., and procured the buyers, with support from Chris Gomes, Allan Miller and Michael Klar of the Miller-Gomes Hotel Team of Marcus
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MMI
Sec Filings
- 11/8/24 - Form 10-Q
- 11/8/24 - Form 8-K
- 10/15/24 - Form SC
- MMI's page on the SEC website