MCR Press Releases

MCR AND BLT COMPLETE $623 MILLION REFINANCING OF 53-HOTEL PORTFOLIO

MCR TO PURCHASE BT TOWER

MCR REFINANCES 16-HOTEL PORTFOLIO FOR $333 MILLION

MCR Sells the Residence Inn by Marriott Philadelphia Langhorne

MCR Sells the Residence Inn by Marriott Seattle South/Renton

MCR ACQUIRES THE CANOPY BY HILTON CHARLOTTE SOUTHPARK

MCR ACQUIRES THE COURTYARD BY MARRIOTT NORTH CHARLESTON

MCR/MORSE DEVELOPMENT WILL REOPEN THE ICONIC GRAMERCY PARK HOTEL

MCR ACQUIRES TWO HOTELS IN THE GRAND CANYON STATE

MCR ACQUIRES THREE HOTELS IN FLORIDA

MCR ACQUIRES THE HILTON MIAMI AIRPORT BLUE LAGOON

MCR ACQUIRES THE COURTYARD DALLAS GRAND PRAIRIE

GRAB YOUR SPF! MCR ACQUIRES THE HYATT PLACE MIAMI AIRPORT EAST

MCR ACQUIRES THE STAYBRIDGE SUITES CHATTANOOGA DOWNTOWN

MCR ACQUIRES THE HOMEWOOD SUITES BY HILTON KANSAS CITY SPEEDWAY

MCR OPENS THE NEWLY RENOVATED PASADENA HOTEL & POOL

MCR CLOSES ON $420 MILLION REFINANCING OF 30-HOTEL PORTFOLIO

MCR ACQUIRES THE DOUBLETREE BY HILTON HOTEL IN DOWNTOWN TALLAHASSEE

MCR CONCLUDES A RECORD-BREAKING 24 MONTHS WITH $2 BILLION OF REAL ESTATE INVESTMENTS

MCR AND ISLAND CAPITAL GROUP ACQUIRE THE SHERATON NEW YORK TIMES SQUARE

MCR ACQUIRES THE HOMEWOOD SUITES BY HILTON IN DOWNTOWN LITTLE ROCK

MCR ACQUIRES THE ALOFT BY MARRIOTT IN DOWNTOWN HOUSTON

MCR ACQUIRES STOWEFLAKE MOUNTAIN RESORT & SPA IN STOWE, VERMONT

MCR ACQUIRES A PORTFOLIO OF 6 MARRIOTT AND HILTON HOTELS ACROSS TEXAS AND NEW MEXICO

MCR ACQUIRES THE DOUBLETREE SUITES MINNEAPOLIS STEPS FROM TARGET’S GLOBAL HEADQUARTERS

MCR ACQUIRES CLOUD-BASED HOTEL MANAGEMENT PLATFORM OPTII

MCR ACQUIRES THE COURTYARD BY MARRIOTT OXFORD AT OLE MISS

MCR PURCHASES THE LAKESIDE RESIDENCE INN BY MARRIOTT SEATTLE SEA-TAC AIRPORT

THREE MCR HOTELS WIN CONDÉ NAST TRAVELER 2021 READERS’ CHOICE AWARDS

MCR PURCHASES THE HILTON GARDEN INN MISSOULA IN THE HEART OF MONTANA

MCR PURCHASES THE DOUBLETREE MINNEAPOLIS UNIVERSITY AREA AND CONVERTS IT TO A HILTON GARDEN INN

MCR WINS MARRIOTT’S TOP HONOR

MCR PURCHASES THE LEXINGTON HOTEL, AUTOGRAPH COLLECTION BY MARRIOTT, IN NEW YORK CITY FOR $185 MILLION

MCR PURCHASES A HANDFUL OF MARRIOTT AND HILTON HOTELS FOR $94 MILLION

MCR PURCHASES AND OPENS THE CHAMBERS HOTEL IN DOWNTOWN MINNEAPOLIS NEAR THE TARGET CENTER AND TARGET FIELD

MCR PURCHASES THE HOME2 SUITES BY HILTON EVANSVILLE JUST IN TIME FOR THE FOURTH OF JULY

MCR PURCHASES THE HILTON GARDEN INN LOUISVILLE MALL OF ST. MATTHEWS IN DERBY CITY

MCR PURCHASES THE HILTON GARDEN INN BEAUFORT IN SOUTH CAROLINA’S MARINE CORPS COUNTRY

MCR ACQUIRES THE STAYBRIDGE SUITES CATHEDRAL CITY PALM SPRINGS AT FORECLOSURE AUCTION

MCR PURCHASES THE HOMEWOOD SUITES BY HILTON DALLAS/ALLEN IN THE FOOTBALL CAPITAL OF TEXAS

MCR PURCHASES THE SPRINGHILL SUITES BY MARRIOTT CHARLOTTE-SOUTHWEST NEAR CAROWINDS AMUSEMENT PARK

MCR PURCHASES A DUAL-BRANDED TRU AND HOME2 SUITES BY HILTON NEAR THE NASHVILLE SUPERSPEEDWAY

MCR SCORES THE INN OF NAPLES IN THE GOLF CAPITAL OF THE WORLD

MCR CONQUERS THE BEAST OF THE EAST, ACQUIRING THE KILLINGTON MOUNTAIN LODGE

MCR WILL ACQUIRE CLOUD-BASED HOTEL PMS SOFTWARE COMPANY STAYNTOUCH

MCR SCORES A SPRINGHILL SUITES BY MARRIOTT NEAR BOSTON

MCR ACQUIRES A MARRIOTT SPRINGHILL SUITES MINUTES FROM THE GREEN BAY PACKERS’ STADIUM

MCR NABS A “MAJOR AWARD”: THE HILTON GARDEN INN NEAR A CHRISTMAS STORY’S HOUSE

MCR ACQUIRES THE HAMPTON INN KING OF PRUSSIA, STEPS FROM THE EAST COAST’S LARGEST MALL

MCR WINS HILTON’S TOP HONOR

MCR ACQUIRES THE RESIDENCE INN BY MARRIOTT ALBUQUERQUE AIRPORT

MCR ACQUIRES THE COURTYARD BY MARRIOTT NEWARK DOWNTOWN

MCR ACQUIRES TWO HOTELS IN INDIANAPOLIS, THE RACING CAPITAL OF THE WORLD

MCR Acquires the Hilton Garden Inn Near Las Vegas

MCR Acquires the Recently-Opened Hampton Inn & Suites Near Chicago

MCR receives Marriott’s highest honor for hospitality excellence, the Partnership Circle Award

MCR Sells the Hampton Inn & Suites St. Augustine-Vilano Beach and generates a 35% IRR and a 3.7X equity multiple on its 2012 investment

MCR Acquires the Homewood Suites by Hilton Near Baltimore

MCR Acquires The Hilton Garden Inn near Denver

MCR Acquires the Residence Inn by Marriott Near the United States Army War College

MCR Acquires the Residence Inn by Marriott Near Sesame Place

MCR’s Acquires the Hilton Garden Inn Orlando

MCR and BLT Close $647.5 Million Portfolio Financing For 53 Hotels

MCR offers Amazon CEO Jeff Bezos a free double room at the Courtyard by Marriott Dulles Airport Herndon

MCR Opens a Courtyard by Marriott at Amazon.com’s Future East Coast Home

MCR Sells Downtown St. Louis Hilton and generates a 44% IRR on its 2016 investment

MCR Acquires the Hampton Inn & Suites New Haven-South-West Haven

MCR Acquires the TownePlace Suites Harrisburg Hershey

MCR Acquires the SpringHill Suites Fairfax Fair Oaks

MCR Acquires Hilton Garden Inn at Rhode Island’s Outstanding International Airport

MCR Wins Hilton Top Performer Award

MCR Is Now Managing the Miami International Airport Hotel

MCR Hospitality Fund LP has acquired 11 hotels representing $160 million in transaction volume

MCR acquires three Hilton-branded hotels at the University of Illinois

MCR Acquires the Hilton Garden Inn Near Cincinnati

MCR Acquires Courtyard by Marriott in Downtown Milwaukee

MCR Purchases SpringHill Suites by Marriott near Richmond, Virginia

MCR Completes Renovation of the Hampton Inn by Hilton in Charlotte

MCR Announces Renovation of the Courtyard by Marriott in Abilene, Texas

MCR Purchases Hilton Garden Inn in Allentown, Pennsylvania

MCR Purchases Hampton Inn & Suites by Hilton in Chicago Suburb

MCR Sells Courtyard by Marriott Jacksonville Orange Park for $16.55 million

MCR Acquires Two Marriott Hotels in Salt Lake City

MCR Sells 18 Marriott and Hilton Hotels for $407.4 Million

MCR Completes Renovation of the Hampton Inn Just off I-95 North in Savannah, Georgia

MCR Completes Renovation of Courtyard by Marriott in the Heart of Louisiana

MCR Completes Renovation of Hampton Inn by Hilton in Troy, Alabama

MCR Completes Renovation of Hampton Inn & Suites by Hilton in Southeast Colorado

MCR Completes Renovation of Hampton Inn by Hilton in Charlotte, NC

MCR Completes Renovation of Hampton Inn by Hilton on the I-95 Corridor in North Carolina

MCR Completes Exterior Renovation at Hampton Inn & Suites by Hilton in Tulsa, Oklahoma

MCR Completes Renovation of Hampton Inn by Hilton in Toledo, Ohio

MCR Completes Renovation of TownePlace Suites by Marriott in Jacksonville, North Carolina

MCR Completes Renovation of TownePlace Suites by Marriott in Tucson, Arizona

MCR Completes Renovation of Courtyard by Marriott in Downtown Norfolk, Virginia

MCR Completes Renovation of Residence Inn by Marriott in Baltimore

MCR Completes Renovation of SpringHill Suites by Marriott in Long Island

MCR Completes Renovation of Homewood Suites by Hilton in Cincinnati

MCR Completes Renovation of Hampton Inn by Hilton in Western Kentucky

MCR Completes Renovation of Courtyard by Marriott Brownsville in South Texas

MCR Completes Renovation of the TownePlace Suites by Marriott Arundel Mills BWI Airport

MCR Completes Renovation of Hampton Inn by Hilton in Southeast Alabama

MCR Completes Renovation of Hilton Garden Inn in Northeast Louisiana

MCR Completes Renovation of Courtyard by Marriott Jackson in West Tennessee

MCR Completes Renovation of Fairfield Inn & Suites by Marriott in Houston

MCR Completes Renovation of Fairfield Inn & Suites by Marriott in Northwest Arkansas

MCR Completes Renovation of the Residence Inn by Marriott in Midland, Texas

MCR Completes Renovation of Hampton Inn by Hilton in Toledo, Ohio

MCR Completes Renovation of Hilton Homewood Suites in Yuma, Arizona

MCR Completes Renovation of Hilton Garden Inn Richmond, Virginia

MCR Completes Renovation of a Hilton Hotel in Coastal Virginia

MCR Completes Renovations of Two Hilton Hotels in Phoenix, Arizona

MCR Unveils Renovation and Expansion of the Hilton Garden Inn Columbus/Dublin

MCR Completes Renovation of the TownePlace Suites by Marriott Arundel Mills BWI Airport

MCR Completes Renovation of the Residence Inn by Marriott Killeen

MCR Completes Renovation of the TownePlace Suites by Marriott Houston The Woodlands

MCR Completes Interior Renovation at the Residence Inn by Marriott Mt. Laurel at Bishop’s Gate

MCR Acquires National Marriott and Hilton Hotel Portfolio for $206 Million

MCR Completes Renovation of the TownePlace Suites by Marriott Houston Intercontinental Airport

MCR Completes Lobby and Suite Renovations at The Residence Inn by Marriott Atlantic City Airport

MCR Completes Renovation of the TownePlace Suites by Marriott Houston Intercontinental Airport

MCR Transforms Four Texas Hotels Through Strategic Renovations

MCR Completes Value-Enhancing Cosmetic Improvements at SpringHill Suites in Tempe, Arizona

MCR Development Continues Investment Program in 2014

MCR Completes Renovation at Residence Inn Spartanburg

MCR Completes Comprehensive Overhaul of the Fairfield Inn & Suites by Marriott Austin Northwest

MCR Completes Renovation at SpringHill Suites Arundel Mills BWI Airport

MCR Development Prepares to Open the 118-suite TownePlace Suites by Marriott Next Week in Seguin, TX

MCR Completes Renovation at Hampton Inn & Suites St. Augustine-Vilano Beach

MCR Completes Comprehensive Renovation of the Courtyard Corpus Christi

September 23, 2014

The Hilton Garden Inn on Cox Road sold earlier this month for $20 million, Henrico County property records show.

MCR Completes Innovative Full Renovation at the Fairfield Inn & Suites Baltimore White Marsh

MCR Completes Renovation At The Hilton Garden Inn Baltimore White Marsh

MCR Development Acquires 26 Marriott and Hilton Hotels

The High Line Hotel To Open In Chelsea, Preserving A 19th Century New York City Landmark

MCR Acquires Three Marriott and Hilton Hotels in Florida and New Jersey for Approximately $40 Million

MCR Acquires Ten Marriott and Hilton Hotels in Maryland

MCR Development Acquires Ten Marriot and Hilton Hotels in the Northeast for $164 Million