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Berkadia Completes $24.85 Million Sale of Hotel in Pittsburgh, Pennsylvania

Pittsburgh, PA– June 12, 2022 – Berkadia announced today the $24.85 million sale of the SpringHill Suites Pittsburgh Bakery Square, a 110-unit hotel in Pittsburgh, Pennsylvania. Managing Directors Dan Hawkins and Kyle Stevenson of Berkadia Hotels & Hospitality completed the sale on behalf of the seller. The deal closed July 11. Located at 134 Bakery […]

Berkadia Completes $16 Million Sale of Hotel in Pittsburgh, Pennsylvania

Pittsburgh, PA– March 23, 2022 – Berkadia announced today the $16 million sale of the Hampton Inn & Suites Pittsburgh Waterfront, a 113-room hotel in Pittsburgh, Pennsylvania. Managing Directors Dan Hawkins and Kyle Stevenson of Berkadia Hotels & Hospitality and Senior Director Rick Brace of Berkadia Detroit completed the sale on behalf of the Maryland-based […]

Berkadia Closed the $16 Million Sale of 124-Room Hotel in Atlanta, Georgia

Atlanta, GA– March 11, 2022 – Berkadia announced today the sale of the future Origin Hotel Atlanta, a proposed 124-room hotel in Atlanta, Georgia. Managing Director Kyle Stevenson and Senior Director John Testerman of Berkadia of Berkadia Hotels & Hospitality completed the sale on behalf of the seller, Atlanta-based Access Point Financial. “We are pleased […]

Berkadia Hotels & Hospitality Completes $16 Million Sale of Tampa Hotel

TAMPA, FL — February 4, 2022 — Berkadia Hotels & Hospitality announced today sale of the Holiday Inn Express Brandon, a 119-room hotel in Tampa, Florida. Managing Directors Michael Weinberg, Preston Reid and Kyle Stevenson and Senior Director Wyatt Krapf of Berkadia Hotels & Hospitality completed the $16 million sale on behalf of the seller, […]

Berkadia Completes $33.5 Million Sale for Hotel Portfolio in Washington, D.C.

WASHINGTON, D.C. — January 7, 2021 — Berkadia today announced the sale of Georgetown Suites, a hotel portfolio totaling 223 rooms in Washington, D.C. Managing Directors Dan Hawkins and Kyle Stevenson and Associate Director John Kluh of Berkadia’s Hotels & Hospitality group completed the sale on behalf of Maryland-based Georgetown Mews Associates, LP and 29th […]

Berkadia Hotels Completes Sale for Two New Hotels in California

MORENO VALLEY, CA – March 11, 2020 – Berkadia’s Hotels & Hospitality team completed the sale of two new assets in Moreno Valley, California for an undisclosed price. Senior Director Spencer Scott and Managing Director Kyle Stevenson completed the sale of The Residence Inn by Marriott Riverside Moreno Valley and the sale of the Holiday […]

Berkadia Completes $51 Million Sale of Hotel Property in Anaheim, California

WASHINGTON, DC – January 23, 2020 – Berkadia’s Hotels & Hospitality team completed the $51 million sale of the Sheraton Park Hotel at the Anaheim Resort in Anaheim, California. Managing Director Kyle Stevenson arranged the sale by using RealINSIGHT Marketplace. The deal closed on December 19. “The Sheraton Anaheim is a modern, well-designed property in […]

Berkadia Completes $80.1 Million Sale of Three Properties in Arizona

PHOENIX, AZ – January 10, 2020 – Berkadia’s Hotels & Hospitality team completed the sale of three hotel properties in Arizona this past December totaling $80.1 million. Managing Director Kyle Stevenson and Senior Director Spencer Scott arranged the sale of the Element by Westin Sedona, the Element Chandler Fashion Center and the Arroyo Roble Hotel […]

Berkadia Hotels & Hospitality Group Completes Sale and Financing of Virginia Hotel Property

Berkadia Arranges $18.8M Sale of Hotel in Northern Virginia | REBusiness Online Berkadia Arranges Sale, Financing of Virginia Courtyard by Marriott | Connect Commercial Real Estate WASHINGTON, D.C. – January 9, 2018 – Berkadia’s Hotels & Hospitality group announced today the $18.8 million sale and $12 million financing of the Courtyard by Marriott Fredericksburg. Managing […]