BREAKING NEWS

RNR Real Estate Briefs – Texas & more

Stockdale Buys Upscale Houston Hotel

Transformative Apartments Opening in East River

Impact Update: Petrochemicals and Port Houston

Astrodome Vision Advisor Wayne Ratkovich Passes

Houston Entity Files Chapter 11

REALTY NEWS REPORT - Logo

Banner
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Sold: Hyatt Hotel in Houston’s Energy Corridor

by Realty News ReportAugust 21, 2018
Share0
Hyatt House Energy Corridor

HOUSTON – (Realty News Report) – The Hyatt House Houston Energy Corridor, a 116-room, extended stay hotel at 15405 Katy Freeway in west Houston has been sold, according to CBRE.

Houston-based Energy Corridor Hotels LLC purchased the hotel from Florida-based Driftwood Hospitality for an undisclosed price.

CBRE’s Michael Yu, Rahul Bijlani and Agrama Mannapperuma in conjunction with Ten-X Commercial, through a managed bid process, represented the seller and the buyer in the transaction. Jay Patel leads Energy Corridor Hotels LLC.

“We received tremendous buyer interest on this sale. The Houston market is improving since the energy industry is recovering. We have sold 19 hotels in 2018 year to date, five of which are in the Houston area. Several more are under contract to close soon,” said Yu.

CBRE Hotels is comprised of more than 385 hospitality professionals located in 60 offices across the globe.

Aug. 21, 2018 Realty News Report Copyright 2018
Share0
previous post
Hurricane Harvey – One Year After: Q&A with Shad Bogany, Former Chair of Houston Assn. of Realtors
next post
WorkSuites Leases Space for Co-Working Facilities

Related posts

RNR Real Estate Briefs – Texas & more

Realty News ReportSeptember 30, 2023

Stockdale Buys Upscale Houston Hotel

Realty News ReportSeptember 29, 2023September 29, 2023

Transformative Apartments Opening in East River

Realty News ReportSeptember 28, 2023September 28, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

new version
ECD-RealtyNewsReport-Ad-300x250
Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
Property Logos
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
Evergreen Commercial Realty
230725-RNR_Digital-Ad_Red
griffin
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact