In late December, Hunter Hotel Advisors handled the sales of several hotels in Texas and Florida.
Aloft Hotel Plano and Aloft Hotel Frisco, Texas
Hunter oversaw the sale of the Aloft Hotel Plano and Aloft Hotel Frisco—two Marriott-branded, select-service Texas hotels—together in a single transaction. The properties were sold by entities controlled by Corebridge to Touchstone Hospitality Fund in a transaction led by Hunter SVP Kami Burnette and VP Mason McDavid.
“The transaction process was competitive and well-managed from start to finish. We were able to conduct thorough due diligence, maintain constructive dialogue with all parties, and execute within our targeted timeline,” Deepak Gandhi, managing member at Touchstone Hospitality Fund, said in a statement. “We would like to extend our sincere appreciation to Kami Burnette and Mason McDavid for their exceptional representation and execution throughout the acquisition. Their deep market knowledge, proactive communication, and ability to anticipate and resolve issues were instrumental in bringing this transaction to a successful close.”
Together, the Aloft Plano and Aloft Frisco comprise 272 guestrooms, with each hotel having 136 rooms. Both properties were built in 2008. Shared amenities across both hotels include a W XYZ Bar, Re:fuel grab-and-go dining, 504 square feet of meeting space, an outdoor pool, fitness center and business center.
“This transaction highlighted the depth of buyer interest for premium-branded, select-service hotels in the Dallas Fort Worth (DFW) market,” Burnette said. “The buyer was attracted to the favorable cost basis and plans to leverage economies of scale and revamped operational strategies to maximize RevPAR penetration within the comp set.”
Both the Aloft Plano and Aloft Frisco are located within established corporate corridors in Plano and Frisco, respectively. They benefit from proximity to a diverse mix of corporate offices and employment centers that support consistent business and transient demand. Additional demand from sports venues and mixed-use developments positions the hotels to capture both business and leisure segments.
“The hotels presented a unique opportunity to acquire multiple Aloft hotels, and we created a competitive process to secure an offer from a highly qualified buyer,” McDavid said. “We are appreciative of the opportunity to deliver a successful outcome for the seller and excited for the buyer to continue growing his portfolio in Texas.”
Holiday Inn & Staybridge Suites Miami Doral Area
Hunter also oversaw the the sale of the Holiday Inn & Staybridge Suites Miami Doral Area, a 216-room hotel portfolio located in one of South Florida’s fastest-growing submarkets. The portfolio was sold by an institutional partnership to CN Hotels in a transaction led by Hunter SVP Sophia Pittaluga and EVP Robert Taylor.
The 120-room Holiday Inn and the 96-room Staybridge Suites are positioned directly adjacent to each other, enabling the properties to capture a mix of corporate, leisure and extended-stay demand. Shared amenities at the IHG-branded hotels include an outdoor pool, fitness centers, business centers and a combined 1,500 square feet of meeting space. The Holiday Inn features Bistro 87, serving full hot breakfast, dinner and cocktails, as well as the Changes Bar & Grill, while Staybridge Suites provides complimentary breakfast and weekly social hours for guests.
“This transaction marks CN Hotels’ fifth acquisition in 2025 and our first acquisition brokered by Hunter Hotel Advisors,” said Mitul Patel, partner, CN Hotels. “We’re excited to expand our South Florida footprint and continue to grow the CN Hotels acquisition platform through strategic investments.”
The hotels benefit from what the company calls a “powerful cluster of demand generators.” The surrounding market is home to U.S. Southern Command, Trump National Doral, Downtown Doral, CityPlace Doral, Miami International Airport and a rapidly expanding medical district driven by new UHealth and Jackson West facilities. More than 150,000 employees commuting into Doral daily, billions of dollars in development activity underway and major projects such as Inter Miami’s Freedom Park and Trump National Doral’s newly approved $3 billion expansion, the Holiday Inn & Staybridge Suites are well positioned for continued performance and long-term value creation.
“We’re proud to have represented our institutional client in this successful, competitive sale process,” said Sophia Pittaluga, senior vice president, Hunter Hotel Advisors. “CN Hotels is well-positioned to unlock meaningful value through the planned renovation, which will elevate the assets’ market positioning and support the continued expansion of their growing acquisition platform.”
The offering presented significant operational upside for new ownership. With strong top-line revenues, the extended-stay efficiencies of Staybridge Suites, and the full-service offering of Holiday Inn, the portfolio is expected to deliver attractive cash flow and ongoing value enhancement for CN Hotels.
Home2 Suites Fort Worth Cultural District, Texas
Hunter also oversaw the Home2 Suites Fort Worth Cultural District. As HM noted earlier, the property was acquired by a joint venture between Ad Astra Capital and TMGOC Ventures and sold by Southeastern Real Estate Group in a transaction led by Burnette.