courtyard by marriott jacksonville orange park
MCR | October 12, 2017
NEW YORK--MCR, the seventh largest hotel owner-operator in the United States, today announced it has sold the Courtyard by Marriott Jacksonville Orange Park located at 610 Wells Road in Orange Park, Florida, for $16.55 million. The 115-room hotel was built in 2008. "The sale of this property reaffirms our strategy of investing in limited service hotels affiliated with industry-leading brands and opportunistically disposing assets to generate attractive returns for our investors," said Tyler Morse, Chief Executive Officer and Managing Partner of MCR. ...
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.