Marcus & Millichap (NYSE:MMI), a number one business actual property brokerage agency specializing in funding gross sales, financing, analysis and advisory companies, introduced in the present day the sale of an 11-property Courtyard Resort portfolio in Illinois, Ohio, Alabama, Arkansas, Virginia, Kentucky, and Oklahoma. The portfolio bought for $101 million.
Throughout this era of market uncertainty, we efficiently related a number of consumers with their respective lenders to meet the portfolio closing necessities for the vendor, with minimal contingencies and securing non-refundable earnest cash. We delivered the boldness that the sellers wanted for a profitable and dependable transaction.” Valliani represented the vendor, Skyline Investments Inc., and procured the consumers, with assist from Chris Gomes, Allan Miller and Michael Klar of the Miller-Gomes Resort Crew of Marcus & Millichap. Ebrahim Valliani, first vice chairman investments in Marcus & Millichap’s Chicago Oak Brook workplace
In Illinois, the properties are Courtyard Chicago Arlington Heights South, Courtyard Chicago Deerfield, and Courtyard Rockford. The 2 inns in Ohio are Courtyard Toledo Airport Holland and Courtyard Dayton South. The 2 in Alabama are Courtyard Birmingham Hoover and Courtyard Huntsville College Drive. Courtyard Manassas Battlefield Park in Virginia, Courtyard by Marriott Lexington North in Kentucky, Courtyard Little Rock West in Arkansas, and Courtyard Oklahoma Metropolis Airport full the portfolio.
Marcus & Millichap’s brokers of report in Illinois, Ohio, Arkansas, Virginia, Alabama, Kentucky, and Oklahoma are Steven Weinstock, Michael Glass, Steve Greer, Brian Hosey, Eddie Greenhalgh, Grant Fitzgerald, and Tim Speck, respectively.
About Marcus & Millichap (NYSE: MMI)
About Marcus & Millichap, Inc.
Marcus & Millichap, Inc. is a number one brokerage agency specializing in business actual property funding gross sales, financing, analysis and advisory companies with
places of work all through the USA and Canada.
As of December 31, 2023, the corporate had 1,783 funding gross sales and financing professionals in over 80 places of work who present funding brokerage and financing companies to sellers and consumers of business actual property. The corporate additionally gives market analysis, consulting and advisory companies
to shoppers.
Marcus & Millichap closed 7,546 transactions in 2023, with a gross sales quantity of roughly $43.6 billion. For added info, please go to www.MarcusMillichap.com.