HREC arranges sale of N.C. Courtyard

HREC Investment Advisors arranged the sale of the 146-room Courtyard by Marriott located in Durham, N.C. The buyer plans to renovate the asset.

Monty Levy (SVP – Atlanta) and Scott Stephens (COO & senior principal – Tampa) exclusively represented the seller during the transaction.

“This was our first disposition engagement with the seller and we are very pleased with the results we were able to achieve on their behalf,” Stephens said.

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

The Courtyard is located off of Interstate 85, with visibility from the interstate. The Hotel is located near several of Durham’s demand generators, including Duke University, Duke Medical Center, Triangle Park and numerous local attractions.

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