What was the deal size on the Staybridge Suites Houston?

$7,200,000. Permanent Financing closed in 2020. 121 keys, Houston, TX.

Who at Matthews Hotel Markets executed this transaction?

Luke Thompson, Miles Cortez III.

Where can I see comparable IHG closes?

Matthews's full closed-transaction list is at /closed. Filter by segment, brand, year, or market. We publish public-data fields on every closed deal where seller permission allows; some confidentiality applies to ownership and pricing where the engagement was off-market.

What were the key value drivers in this transaction?

121-key extended stay (IHG) in Houston, TX. Permanent Financing. The transaction process surfaced underwriting, brand standards, PIP cycle, and market demand factors typical for this asset profile.

Is Matthews currently advising on similar Extended Stay mandates?

Yes, Matthews actively executes extended stay dispositions and acquisitions across the United States. Current listings and published closings are at /listings and /closed. For a confidential conversation on a similar disposition or acquisition, reach the team at /contact.

Closed TransactionsHouston, TX

Permanent Financing

Staybridge Suites Houston. Closed 2020.

Matthews Hotel Markets advised on the permanent financing of the Staybridge Suites Houston, a 121-key extended stay hotel operating under the IHG flag in Houston, TX.

Deal Size: $7,200,000
Keys: 121
Segment: Extended Stay
Sponsor: Family Office
Brand: IHG
Region: Texas
Closed: 2020

Brokers on this transaction

Luke Thompson

VP & Director, Capital Markets

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Miles Cortez III

VP & Director, Hospitality Capital Markets

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Staybridge Suites Houston transaction FAQ

What was the deal size on the Staybridge Suites Houston?: $7,200,000. Permanent Financing closed in 2020. 121 keys, Houston, TX.
Who at Matthews Hotel Markets executed this transaction?: Luke Thompson, Miles Cortez III.
Where can I see comparable IHG closes?: Matthews's full closed-transaction list is at /closed. Filter by segment, brand, year, or market. We publish public-data fields on every closed deal where seller permission allows; some confidentiality applies to ownership and pricing where the engagement was off-market.
What were the key value drivers in this transaction?: 121-key extended stay (IHG) in Houston, TX. Permanent Financing. The transaction process surfaced underwriting, brand standards, PIP cycle, and market demand factors typical for this asset profile.
Is Matthews currently advising on similar Extended Stay mandates?: Yes, Matthews actively executes extended stay dispositions and acquisitions across the United States. Current listings and published closings are at /listings and /closed. For a confidential conversation on a similar disposition or acquisition, reach the team at /contact.