HFF closes sale of 10-hotel portfolio in Baltimore, MD metropolitan area

 PITTSBURGH, PA – HFF announced it has closed the sale of a ten-hotel portfolio totaling 1,294 guest rooms in the Baltimore metropolitan area.

HFF marketed the offering on behalf of the seller, Skye Hospitality, LLC of Baltimore, Maryland, and its affiliates.  MCR Development LLC of New York City purchased the portfolio free and clear of debt.

 

Individual property and sale details are listed below:

Property                                Location                                      Room Size    

        

Hampton Inn and Suites Arundel Mills, 7027 Arundel Mills Circle, Hanover, 130

Residence Inn Arundel Mills, 7035 Arundel Mills Circle, Hanover, 131

SpringHill Suites Arundel Mills, 7544 Teague Road, Hanover, 128

TownePlace Suites Arundel Mills, 7021 Arundel Mills Circle, Hanover, 109

Hampton Inn Baltimore Downtown, 550 Washington Blvd., Baltimore, 126

Hampton Inn White Marsh, 8225 Town Center Drive, Baltimore, 127

Hilton Garden Inn White Marsh, 5015 Campbell Blvd. Baltimore, 155

Residence Inn White Marsh, 4980 Mercantile Blvd., Baltimore, 131

Fairfield Inn and Suites White Marsh, 8477 Cordon Way, Baltimore, 116

Residence Hunt Valley, 45 Schilling Road, Hunt Valley, 141

The HFF team representing the seller was led by senior managing directors Mark Popovich and Dan Peek and director Max Comess, along with real estate analysts Christopher Lingerfelt and Alexandra Lalos. 

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046

tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com

krmurphy@hfflp.com