Keyword: Civitas Capital Group
To support these expansion goals, the company has brought on two new executives and tasked them with raising and investing $250 million in equity.
The properties are a 120-room Holiday Inn Express & Suites and a 93-room TownePlace Suites located in Waco, Texas.
Civitas Capital Group and Atlantic Hotels Group own and manage the 224-room hotel development.
Civitas Capital Group owns the Fairfield Inn & Suites Cuero and Pillar Hotels & Resorts manages it.
The property is considered the "anchor" of the Dallas Midtown Redevelopment project, a $3.5-billion mixed-use development coming to the city.