MCR acquired the 16 hotels — totaling 2,274 guestrooms — primarily in 2020 and 2021. Spread across 11 states, the portfolio is concentrated in high-growth markets, including Texas, North ...

MCR acquired the hotels between 2017 and 2020, and subsequently invested $65 million to renovate and modernize the portfolio, while also implementing a detail-oriented, data-driven approach to ...

MCR and Island Capital bought the 1,780-key hotel at 811 Seventh Avenue in April 2022 for $373 million from Host Hotels & Resorts. The seller provided the $250 million loan, which expired Oct. 18.

MCR Hotels — the nation’s third-largest hospitality owner and operator — has secured $333 million to refinance a 16-hotel portfolio of Hilton and Marriott properties that encompasses 2,274 rooms ...

NEW YORK CITY--Hotel owner-operator MCR has secured a $300 million refinancing for a 22-hotel portfolio. Totaling 2,855 guestrooms, the 22-hotel portfolio is spread across 14 states in established ...

MCR wants to develop two hotels with 400 keys, combined, next to its Hilton-branded property near Miami International Airport. The hotel owner-operator proposes a pair of eight-story hotels, each ...

MCR has acquired the SpringHIll Suites Fairfax Fair Oaks. MCR bought the 140-room hotel for $18.25 million, according to Fairfax County property records. The hotel received a $1.4 million renovation ...

MCR, which operates more than 150 hotels in 37 states, paid $118M last February to acquire the Hilton Miami Airport Blue Lagoon at 5101 Waterford District Drive.

Hotel owner and operator MCR wants to add two hotels and a parking garage to its Hilton property near Miami International Airport. The new hotel structures would rise on the northern and southern ends ...

The Hampton Inn-Hilton at 8220 E. Regal Place, is one of 18 Marriott and Hilton hotels purchased by Development LLC (“MCR”), the seventh largest hotel owner-operator in the U.S.