Times Square Hotel Goes to Auction on RealINSIGHT Marketplace on April 8th

/Times Square Hotel Goes to Auction on RealINSIGHT Marketplace on April 8th

Times Square Hotel Goes to Auction on RealINSIGHT Marketplace on April 8th

|2019-03-13T16:46:46-04:00March 13th, 2019|

NEW YORK—March 14, 2019—RealINSIGHT Marketplace and CBRE are pleased to present Hotel Shocard, a 47-room, full-service hotel located in Times Square, NY for your acquisition consideration. The auction will take place on the online commercial real estate sales platform, RealINSIGHT Marketplace, April 8th – April 10th.

About the Property:

  • One Building
  • Six Floors
  • 47 Rooms
  • Renovated in 2016

This offering provides investors with the rare opportunity to acquire a top-located hotel with substantial upside from improving the assets, modernizing operations and benefiting from economies of scale from an owner/operator’s existing operations The hotel is offered unencumbered by brand and management.

The Auction will be held on RealINSIGHT Marketplace on Monday, April 8th – Wednesday, April 10th.

For more information on Hotel Shocard Please visit RI-Marketplace.com/HotelShocard

About RealINSIGHT Marketplace

RealINSIGHT Marketplace is the preeminent platform for CRE transactions, bringing Buyers, Sellers, and Brokers together to efficiently list, market, and close deals. Marketplace allows local, regional, national, and international investors the opportunity to easily review and bid on commercial real estate assets throughout the country. The sales platform is managed by a dedicated team of commercial real estate experts with over $11B in online real estate sales. RealINSIGHT Marketplace has completed over 1.65B transacted since its inception in early 2017.

Contact: RealINSIGHT Marketplace

marketplace@realinsight.com/8009157015

Contact: Spencer Davidson

spencer.davidson@cbre.com/(212) 895-0963

Contact: Bradley Burwell

bradley.burwell@cbre.com/(212) 984-8278

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