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Tuesday, 10 October 2017

MCR Pays $27.5Mln for 2 Hotels in Lehi, Utah

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MCR Development has paid $27.5 million, or about $143,979/room, for two hotels with a combined 191 rooms in Lehi, Utah.

The New York company bought the 97-room Courtyard by Marriott Lehi at Thanksgiving Point, at 2801 Club House Drive, and the 94-room SpringHill Suites by Marriott Lehi at...


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“The Weekly”

“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • States: Utah
  • Sector: Hotel & Resort
  • Subject: Property Acquisitions (ACQ)
  • Valuation: Between $25 million and $50 million
  • Private: Yes
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Dan Moynihan

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