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MCR Press Releases

Read up on our latest acquisitions, sales and awards

 

HGI Midland

A High Point!

September 17, 2019

MCR WINS HILTON’S TOP HONOR

RI Albuquerque

The Heat Is On!

June 26, 2019

MCR ACQUIRES THE RESIDENCE INN BY MARRIOTT ALBUQUERQUE AIRPORT

Hitting a High Note

Hitting a High Note

June 19, 2019

MCR ACQUIRES THE COURTYARD BY MARRIOTT NEWARK DOWNTOWN

Start Your Engines!

Start Your Engines!

May 7, 2019

MCR ACQUIRES TWO HOTELS IN INDIANAPOLIS, THE RACING CAPITAL OF THE WORLD

Red, White & New  Copy

Jackpot!

April 24, 2019

MCR Acquires the Hilton Garden Inn Near Las Vegas

Red, White & New!

Red, White & New

February 11, 2019

MCR Acquires the Recently-Opened Hampton Inn & Suites Near Chicago

Residence Inn by Marriott Fort Lauderdale Pompano Beach

Partnership News

January 09, 2019

MCR receives Marriott’s highest honor for hospitality excellence, the Partnership Circle Award

MCR Sells the Hampton Inn & Suites St. Augustine-Vilano Beach

Sale News

January 03, 2019

MCR Sells the Hampton Inn & Suites St. Augustine-Vilano Beach and generates a 35% IRR and a 3.7X equity multiple on its 2012 investment

Red, White & New!  Copy

Catch of the Day

December 21, 2018

MCR Acquires the Homewood Suites by Hilton Near Baltimore

Catch of the Day! MCR Acquires the Homewood Suites by Hilton near Baltimore  Copy

Holy Cow!

December 14, 2018

MCR Acquires The Hilton Garden Inn near Denver

Holy Cow! MCR Acquires The Hilton Garden Inn near Denver  Copy

Go Army!

December 07, 2018

MCR Acquires the Residence Inn by Marriott Near the United States Army War College

Go Army! MCR Acquires the Residence Inn by Marriott near the United States Army War College  Copy

Sunny Days Are Here

December 03, 2018

MCR Acquires the Residence Inn by Marriott Near Sesame Place

Sunny Days Are Here! MCR Acquires the Residence Inn by Marriott near Sesame Place  Copy

The Magic Touch

November 15, 2018

MCR’s Acquires the Hilton Garden Inn Orlando

Catch of the Day! MCR Acquires the Homewood Suites by Hilton near Baltimore  Copy

Loan News

November 13, 2018

MCR and BLT Close $647.5 Million Portfolio Financing For 53 Hotels

The Courtyard by Marriott Dulles Airport Herndon Bistro

Dear Jeff . . .

November 05, 2018

MCR offers Amazon CEO Jeff Bezos a free double room at the Courtyard by Marriott Dulles Airport Herndon

Sunny Days Are Here! MCR Acquires the Residence Inn by Marriott near Sesame Place  Copy

The Total Package

September 19, 2018

MCR Opens a Courtyard by Marriott at Amazon.com’s Future East Coast Home

Amazon, Your Order Has Been Delivered! MCR Opens the Total Package — a Courtyard by Marriott — at Amazon.com’s Future East Coast Home  Copy

Sale News

September 10, 2018

MCR Sells Downtown St. Louis Hilton and generates a 44% IRR on its 2016 investment

Amazon, Your Order Has Been Delivered! MCR Opens the Total Package — a Courtyard by Marriott — at Amazon.com’s Future East Coast Home  Copy

Geniuses Unite

August 22, 2018

MCR Acquires the Hampton Inn & Suites New Haven-South-West Haven

Geniuses Unite: Show Your 1600 SAT Score at MCR’s New Haven Hampton Inn & Suites — and Get a Free Breakfast*  Copy

Chocoholics Rejoice

August 16, 2018

MCR Acquires the TownePlace Suites Harrisburg Hershey

SpringHill Suites by Marriott Fairfax Fair Oaks

Fun For All Ages

July 25, 2018

MCR Acquires the SpringHill Suites Fairfax Fair Oaks

Hilton Garden Inn Providence Airport/Warwick

Small state, big doings

July 20, 2018

MCR Acquires Hilton Garden Inn at Rhode Island’s Outstanding International Airport

Hampton Inn & Suites Chicago/Waukegan

Company Accolades

June 15, 2018

MCR Wins Hilton Top Performer Award

Miami International Airport Hotel

Miami Heat

June 05, 2018

MCR Is Now Managing the Miami International Airport Hotel

Hilton Garden Inn Champaign/Urbana

Investment News

June 01, 2018

MCR Hospitality Fund LP has acquired 11 hotels representing $160 million in transaction volume

MCR Closes $300 Million Hospitality Fund  Copy

All-Star Lineup

May 29, 2018

MCR acquires three Hilton-branded hotels at the University of Illinois

MCR Acquires an All-Star Hotel Lineup at the University of Illinois  Copy

OH Yeah

May 08, 2018

MCR Acquires the Hilton Garden Inn Near Cincinnati

Courtyard by Marriott Milwaukee Downtown

Midwestern Hospitality

April 26, 2018

MCR Acquires Courtyard by Marriott in Downtown Milwaukee

SpringHill Suites by Marriott Richmond North/Glen Allen

Virginia Venture

April 18, 2018

MCR Purchases SpringHill Suites by Marriott near Richmond, Virginia

Hampton Inn Matthews/Charlotte

Fresh Interiors

February 13, 2018

MCR Completes Renovation of the Hampton Inn by Hilton in Charlotte

Courtyard Abilene Southwest/Abilene

New Look

January 30, 2018

MCR Announces Renovation of the Courtyard by Marriott in Abilene, Texas

Hilton Garden Inn Allentown West

Valley High

November 28, 2017

MCR Purchases Hilton Garden Inn in Allentown, Pennsylvania

Homewood Suites by Hilton Yuma  Copy

Hot (Mount) Prospect

October 17, 2017

MCR Purchases Hampton Inn & Suites by Hilton in Chicago Suburb

CY Jacksonville Orange Park

Sale News

October 12, 2017

MCR Sells Courtyard by Marriott Jacksonville Orange Park for $16.55 million

Courtyard by Marriott Lehi at Thanksgiving Point

Double Take

October 09, 2017

MCR Acquires Two Marriott Hotels in Salt Lake City

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Sale News

June 29, 2017

MCR Sells 18 Marriott and Hilton Hotels for $407.4 Million

Fairfield Inn & Suites by Marriott Bentonville Rogers  Copy

Property Makeover

May 16, 2017

MCR Completes Renovation of the Hampton Inn Just off I-95 North in Savannah, Georgia

CY Alexandria Louisiana

Cool Comforts

April 18, 2017

MCR Completes Renovation of Courtyard by Marriott in the Heart of Louisiana

Courtyard by Marriott Troy  Copy

Fresh Interiors

April 11, 2017

MCR Completes Renovation of Hampton Inn by Hilton in Troy, Alabama

Hampton Pueblo Southgate Colorado

New Look

April 04, 2017

MCR Completes Renovation of Hampton Inn & Suites by Hilton in Southeast Colorado

Courtyard by Marriott Lima  Copy

Outside Story

March 28, 2017

MCR Completes Renovation of Hampton Inn by Hilton in Charlotte, NC

MCR Completes Exterior Renovation at Hampton Inn by Hilton in Charlotte, North Carolina  Copy

Design Update

March 21, 2017

MCR Completes Renovation of Hampton Inn by Hilton on the I-95 Corridor in North Carolina

Hampton Inn Tulsa Bixby

Hotel Refresh

March 14, 2017

MCR Completes Exterior Renovation at Hampton Inn & Suites by Hilton in Tulsa, Oklahoma

HIS Toledo

Property Makeover

March 07, 2017

MCR Completes Renovation of Hampton Inn by Hilton in Toledo, Ohio

TPS Jacksonville

Cool Comforts

February 14, 2017

MCR Completes Renovation of TownePlace Suites by Marriott in Jacksonville, North Carolina

TownePlace Suites by Marriott Tucson Airport

Fresh Interiors

February 07, 2017

MCR Completes Renovation of TownePlace Suites by Marriott in Tucson, Arizona

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New Look

January 31, 2017

MCR Completes Renovation of Courtyard by Marriott in Downtown Norfolk, Virginia

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Design Update

November 09, 2016

MCR Completes Renovation of Residence Inn by Marriott in Baltimore

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Hotel Refresh

October 04, 2016

MCR Completes Renovation of SpringHill Suites by Marriott in Long Island

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Modern Makeover

September 08, 2016

MCR Completes Renovation of Homewood Suites by Hilton in Cincinnati

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Cool Comforts

September 01, 2016

MCR Completes Renovation of Hampton Inn by Hilton in Western Kentucky

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Fresh Interiors

August 23, 2016

MCR Completes Renovation of Courtyard by Marriott Brownsville in South Texas

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New Look

August 16, 2016

MCR Completes Renovation of the TownePlace Suites by Marriott Arundel Mills BWI Airport

 

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Enhanced Experience

August 10, 2016

MCR Completes Renovation of Hampton Inn by Hilton in Southeast Alabama

 

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Refreshed Design

August 04, 2016

MCR Completes Renovation of Hilton Garden Inn in Northeast Louisiana

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Upgraded & Updated

August 03, 2016

MCR Completes Renovation of Courtyard by Marriott Jackson in West Tennessee

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Cool Comforts

July 29, 2016

MCR Completes Renovation of Fairfield Inn & Suites by Marriott in Houston

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Fresh Interiors

July 25, 2016

MCR Completes Renovation of Fairfield Inn & Suites by Marriott in Northwest Arkansas

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Stylish Makeover

February 04, 2016

MCR Completes Renovation of the Residence Inn by Marriott in Midland, Texas

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Design Update

January 26, 2016

MCR Completes Renovation of Hampton Inn by Hilton in Toledo, Ohio

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Trendy Refresh

January 12, 2016

MCR Completes Renovation of Hilton Homewood Suites in Yuma, Arizona

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More For Meetings

January 05, 2016

MCR Completes Renovation of Hilton Garden Inn Richmond, Virginia

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Upgraded & Updated

December 03, 2015

MCR Completes Renovation of a Hilton Hotel in Coastal Virginia

 

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Twice As Nice

November 19, 2015

MCR Completes Renovations of Two Hilton Hotels in Phoenix, Arizona

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Bigger and Better

October 13, 2015

MCR Unveils Renovation and Expansion of the Hilton Garden Inn Columbus/Dublin

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Modern Makeover

April 27, 2015

MCR Completes Renovation of the TownePlace Suites by Marriott Arundel Mills BWI Airport

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New Look

April 09, 2015

MCR Completes Renovation of the Residence Inn by Marriott Killeen

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Fresh Interiors

April 01, 2015

MCR Completes Renovation of the TownePlace Suites by Marriott Houston The Woodlands

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Upgraded & Updated

March 17, 2015

MCR Completes Interior Renovation at the Residence Inn by Marriott Mt. Laurel at Bishop’s Gate

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Mega Deal

March 09, 2015

MCR Acquires National Marriott and Hilton Hotel Portfolio for $206 Million

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Enhanced Experience

March 03, 2015

MCR Completes Renovation of the TownePlace Suites by Marriott Houston Intercontinental Airport

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Welcome Changes

February 26, 2015

MCR Completes Lobby and Suite Renovations at The Residence Inn by Marriott Atlantic City Airport

 

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Modern Makeover

February 19, 2015

MCR Completes Renovation of the TownePlace Suites by Marriott Houston Intercontinental Airport

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Fresh New Looks

February 10, 2015

MCR Transforms Four Texas Hotels Through Strategic Renovations

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Design Update

February 10, 2015

MCR Completes Value-Enhancing Cosmetic Improvements at SpringHill Suites in Tempe, Arizona

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Year In Review

January 26, 2015

MCR Development Continues Investment Program in 2014

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Cool Comforts

January 23, 2015

MCR Completes Renovation at Residence Inn Spartanburg

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Major Makeover

November 14, 2014

MCR Completes Comprehensive Overhaul of the Fairfield Inn & Suites by Marriott Austin Northwest

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New Look

November 5, 2014

MCR Completes Renovation at SpringHill Suites Arundel Mills BWI Airport

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Stay With Us

October 30, 2014

MCR Development Prepares to Open the 118-suite TownePlace Suites by Marriott Next Week in Seguin, TX

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Fresh Interiors

October 30, 2014

MCR Completes Renovation at Hampton Inn & Suites St. Augustine-Vilano Beach

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Major Makeover

September 24, 2014

MCR Completes Comprehensive Renovation of the Courtyard Corpus Christi

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Innsbrook Hilton Garden Inn sold...

September 23, 2014

September 23, 2014

The Hilton Garden Inn on Cox Road sold earlier this month for $20 million, Henrico County property records show.

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Natural Wonder

July 18, 2014

MCR Completes Innovative Full Renovation at the Fairfield Inn & Suites Baltimore White Marsh

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Design Refresh

June 17, 2014

MCR Completes Renovation At The Hilton Garden Inn Baltimore White Marsh

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Big Purchase

October 18, 2013

MCR Development Acquires 26 Marriott and Hilton Hotels

Home

Urban Sanctuary

April 8, 2013

The High Line Hotel To Open In Chelsea, Preserving A 19th Century New York City Landmark

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Triple Play

June 04, 2012

MCR Acquires Three Marriott and Hilton Hotels in Florida and New Jersey for Approximately $40 Million

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Expanding Portfolio

December 21, 2012

MCR Acquires Ten Marriott and Hilton Hotels in Maryland

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Deal News

December 10, 2010

MCR Development Acquires Ten Marriot and Hilton Hotels in the Northeast for $164 Million