HREC arranges sale of the Valley River Inn in Eugene, Ore.

HREC Investment Advisors arranged the sale of the 257-room Valley River Inn in Eugene, Ore., on behalf of a private equity opportunity fund.

Michael Blahosky (SVP – Southfield), Scott Kaniewski (SVP – Chicago) and Geoff Davis (president & senior principal – Denver), exclusively represented the seller during the transaction. The buyer is a joint venture of Rockbridge Capital and Davidson Hotels.

FREE DAILY NEWSLETTER

Like this story? Subscribe to Operations!

Hospitality professionals turn to Operations as their go-to source for breaking news on guest rooms, food & beverage, hospitality trends, management, and more. Sign up today to get news and updates delivered to your inbox daily and read on the go.

The hotel is situated on the Willamette River next to Interstate 105. Interstate 105 provides direct access to downtown Eugene and also links into Interstate 5, which provides direct access north to Portland. Other sources of immediate demand include the Valley River Center Mall, which is located directly adjacent, within walking distance, to the property. Other major area demand includes the University of Oregon, located roughly two miles from the hotel.

Suggested Articles

A new report produced in collaboration with the Puerto Rico Tourism Co. outlines ways the island is attracting investment.

Slated to open in 2021, the hotel will mark the first dual-branded SpringHill Suites by Marriott and Element by Westin.

Crescent Hotels & Resorts, Columbia Hospitality and OLS Hotels & Resorts have begun operating new hotels this month.