Akara Partners Completes Home2 Suites by Hilton Chicago River North
March 12, 2019 12:21pm
(CHICAGO, IL) —Akara Partners, a real estate direct-investment, development, and operations firm based in Chicago, announces the completion of Home2 Suites by Hilton Chicago River North, a 17-story extended stay hotel located at 110 West Huron. A Grand Opening celebration will take place March 19.
“Rapid business and residential growth in River North created a need for extended stay and suite hotels,” said Rajen Shastri, Founder and CEO of Akara. “We found a great partner in Home2 Suites by Hilton, which gets high ratings for service quality in all its locations.”
Home2 Suites by Hilton Chicago River North includes 206 suites featuring free WiFi, 49” HDTVs, sleeper sofas, sitting areas and full kitchens with full-size refrigerator/freezers, microwaves, and dishwashers. On-site amenities include a 24-hour business center, snack bar/deli, outdoor fire pit, and, a combined fitness/laundry facility.
Nearby business and tourist destinations include the Chinese Consulate, Chicago Water Tower, John Hancock Center, and the Chicago Riverwalk. The development also includes 5,000 square feet of retail space on two levels, solicited for lease by David Goldberg of GoldStreet Partners.
Other developments by Akara include The Hensley in River North, Kenect in River North, and LINKT in West Town. Akara is also active in Nashville, Phoenix, Denver, and Cleveland.
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Akara Partners is a data-driven, direct real estate investment platform that employs opportunistic investment strategies in order to generate superior risk-adjusted returns. Akara invests in real estate assets, operating companies, and conducts renovations and new developments on behalf of the firm’s principals and its investors. www.akarapartners.com.
Contact: Patricia True Agos
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